Tag: banks

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE

EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…

Daily News Egypt

Conflict on maximum wage continues between banks, government

Administrative court's decision not to subdue bank employees to the maximum wage…

Daily News Egypt

Banks await Majid Al Futtaim announcement on funding alliance: ‏Bank Audi Egypt

Two bank alliances, consisting of 12 banks, compete to grant company EGP…

Shaimaa Raafat

Real estate tax crisis ongoing between banks, finance ministry

Mediation fails between the banking sector and the government over obliging banks…

Daily News Egypt

ETF to demand banks initiate purchase of bankrupt companies: Official

Big banks that would be asked to execute plan are NBE, Banque…

Moody’s upgrades CR assessments for 5 Egyptian banks

On 15 May, Standard and Poor’s revised its outlook on Egypt, raising…

Sara Aggour

Banks can appeal property tax assessment: Finance Ministry

Regulations offered to facilitate application of property tax law

Sara Aggour

CBE decreases issuance of weekly FX auctions

The step was taken to increase the supply of the US dollar…

Menna Samir

Tourism investors face obstacles in Egypt

Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman

Menna Samir

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt