Minister of Finance Amr El-Garhy announced, in a press statement on Monday, that four European banks were selected to promote and arrange the issuance of euro-dominated bonds this fiscal year (FY), adding that these banks are Deutsche Bank, BNP Paribas, Intesa Sanpaolo, and Standard Chartered. These banks are to issue euro-denominated bonds worth between €1bn …
Loan will be used to finance the construction of the Samannoud and Abu Al Matamir transformer substations
Ongoing monetary and fiscal reforms have put the economy on the right track
A research note expects 2017 to be a transition year for the local economy
Inflation isn’t the only reason behind the soaring inflation
Minister of Finance told CBC on Saturday that Egypt is considering launching bonds worth $1.5-$2bn within weeks
MENA’s geopolitical tensions remain high, according to BNP Paribas’ outlook
The bank’s figures show a total of EGP 18bn in total customer deposits by end of 2014 and EGP 2.4bn total financing for SMEs
Awards confirm their position as a “reference private bank”, say Wealth Management co-CEOs
In coordination with BNP Paribas, Mobinil starts MobiCash service
Arab investors nevertheless label Egyptian banking sector ‘promising’
The Central Bank of Egypt (CBE) agreed to plans discussed last week to sell both BNP Paribas and National Société Générale Bank (NSGB)
Gulf investors show interest in the Egyptian market despite political turmoil
By Mirna Sleiman / Reuters DUBAI: French lender BNP Paribas expects to grow its revenues from the oil-rich Gulf region this year despite a slight impact on its business as a result of the Arab Spring, the bank’s Middle East head told Reuters in an interview on Tuesday. “Globally, the bank had good 2011 results and …
