Latest Banking News
33 killed after 2 tourist buses collide in Sinai
Prosecution team has moved to the scene to find out the reason…
Foreign reserves fall $200m
International foreign currency reserves record $17.28bn in May, down from $17.48bn in…
AFDB approves $50m CIB risk participation agreement
Agreement aids in addressing critical market demand for trade finance in Africa,…
World Bank watches unfolding of political situation with great concern: Bank president
World Bank has helped finance several projects in various sectors during the…
CBE leaves key overnight rates on hold
Reuters - Egypt's central bank kept its official interest rates on hold as expected…
Qatar’s Masraf Al Rayan buys Islamic Bank of Britain
Reuters - Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, said on…
Egypt Pound Strengthens Slightly At Forex Auction
The central bank sold $38.4 million to banks at the auction, with…
Banks resume working amid unrest
Banks returned to working normally starting Sunday for only three hours a…
Economy to improve: NBE Chairman
The economy has the potential for growth in the coming months, says…