Financial institutions in Egypt
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Standard and Poor's reduces Egypt's sovereign credit rating
Statement: "The stable outlook reflects our expectation that Egypt will largely remain politically stable."
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Egypt's Industrial Bank offers new 3-year certificate at 12.75 pct
The move comes after five lead Egyptian banks last week raised interest rates to above 12 percent.
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5 banks represent UAE in Egyptian market
5 UAE banks currently operate in the Egyptian market; ENBD, the National Bank of Abu Dhabi, Abu Dhabi Islamic Bank, Union National Bank and Mashreq.
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U.S. military aid for Egypt seen continuing despite rights concerns
Egypt's 2016 package is expected to end up at about the same level as last year's, with $1.3bn in military aid and $150m in economic aid.
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Egypt's CBE Governor Ramez appoints caretaker for rest of term
Gamal negm will serve as a caretaker as Ramez will be on leave until the end of his term in 26 November then Tarek Amer takes over.
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Egypt allows pound to appreciate
Egypt’s attempt to preempt a collapse in the currency isn’t convincing investors it can avoid an eventual devaluation.
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Kuwait's Al Ahli completes purchase of Piraeus Bank Egypt
Al Ahli paid $150 million for the stake in the Greek lender's Egyptian unit.
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Egypt's market losses accelerate as more banks raise interest rates
On Sunday, Egypt's largest two state-owned banks launched savings certificates for Egyptian pounds at an interest rate of 12.5 percent.
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Egypt’s annual inflation rate inched up to 6.26 percent in October
Inflation soared in Egypt last summer after the government cut energy subsidies by 40 billion EGP.
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Egyptian army’s economic empire: Unidentified market share yet high impact
Egypt hopes to export fertilisers through a new army-owned factory.