Banks opened letters of credit worth $6.34bn for petroleum product imports in 2016: CBE
The banking system has collected $19.2bn since the flotation
Metropolitan Egypt, Suez Canal Bank to reschedule Home Care’s EGP 23m dues
We seek to find an investor to acquire a 49% stake in…
SFD and PBDAC sign contract worth EGP 100m to finance agricultural and animal projects
The bank coordinates with the CBE, Egyptian Countryside Development Company, NBE, and…
Ministries of military production, trade cooperate on transferring tanneries
Helwan Company for Metallic Appliances will manufacture leather-tanning equipment
QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD
Total assets increased to EGP 195.780bn, up 3% from December 2016
Ministries discuss manufacturing transport equipment
Regional Ring Road, Shubra-Banha road, and upgrading train stations, platforms, and railway…
EGP stays steady against US dollar despite church bombings
Bankers claim the attacks will not impact the exchange rate greatly
Hala Sakr appointed as member of EGX board of directors
Sakr will be serving as the representative of the Federation of Egyptian…
Banks acquired 74 of outstanding treasury bills in January 2017
Foreigners’ investments in state debt instruments increased to EGP 79bn in first…