Global Lease aims to increase its portfolio to EGP1.3bn by end of 2016
Global Lease secured 12.75% of the lease financing market share in the…
Public banks stop selling their 15% interest certificates on Sunday
The three state-owned banks have begun offering these certificates in mid-March 2016
NBE’s net profit EGP 5.8bn in the first half of FY 2015/2016
The bulletin stated that the total equity at the bank amounted to…
Local, international institutions offer to invest $1.5bn in treasury bills
Interest rate on bills stabilised at same level as the CBE's latest…
Expansion of gas production tops state priorities for next period
Egypt currently consumes about 73m tonnes of oil, 33m tonnes of this…
Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson
The bank will focus on the energy and transport sectors in part…
CBE provides banks with $118.7m in weekly auction
The CBE sold US dollars at a fixed price of EGP 9.78.…
Annual inflation rate rises to 10.9% in April: CAPMAS
The agency said in its monthly report for inflation issued on Tuesday,…
14,500 road accidents in 2015, 63.3% attributed to human error: CAPMAS
Transport Ministry estimates the cost of traffic accidents at about EGP 17bn…
Issued credit cards increased to 2.813m at December’s close: CBE
Top five banks operate 97% of electronic points of sale and 63.7%…