Latest Business News
Islamic banking headway in North African banks still slow: Standard and Poor’s
S&P value total Islamic banking assets in Egypt at around $11.6bn
Banks should contribute to all economic sectors equally: Bankers
“What matters for banks is the ability to meet deadlines for loan…
Total non-CBE banking sector deposits reach EGP 1.26tn: CBE
The report added that total non-government deposits rose during November to reach…
The United Bank participates in CBE’s mortgage funding initiative
The United Bank has joined the Central Bank of Egypt in a…
National Bank of Egypt signs $50m deal with European Bank for Reconstruction and Development
The agreement will help finance foreign trade operations
Gulf investor interest highlights Egypt’s retail upside
Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around…
Minister of Agriculture reveals new strategy for marketing wheat
Strategy stipulates that PBDAC finance agriculture co-ops to allow them access funding…
Egyptian pound inches up on official, steady on black market
Reuters - The Egyptian pound was up slightly at a central bank…
BG Group buys Nigerian LNG to replace lost Egyptian output
Reuters - BG Group has bought six liquefied natural gas (LNG) cargoes…