According to a bank statement, 8,000 employees out of 48,000 employees who work in the bank’s UK branches will be affected.
10.06.2015 Daily News Egypt
Low foreign currency reserves and a fluctuating exchange rate have also dogged the Egyptian economy since the 2011 uprising.
10.06.2015 Ahram Online
The central bank will cover the remaining backlog in the “near future”.
10.06.2015 Bloomberg Business
Unrated bonds allow small and medium-sized enterprises to access the bond market without going through long and expensive credit rating process.
10.06.2015 Ahram Online
The U.S. bank said last October that it was pulling out of consumer banking in 11 markets, including Egypt and Japan, to cut costs.
10.06.2015 Reuters
Reserves stood at about $36 billion before the 2011 revolt.
08.06.2015 Ahram Online
There are abundant opportunities across Egyptian market, says Chairman.
07.06.2015 Daily News Egypt
Cairo’s benchmark EGX30 stock index has advanced more than 80 percent since an army takeover of Egypt in July 2013.
06.06.2015 Bloomberg Business
Egypt is rated B3 by Moody's, B- by Standard & Poor's and B by Fitch.
05.06.2015 Reuters
Egypt's Beltone Private Equity will offer shares of Beltone Capital, which it manages, worth 1 billion Egyptian pounds ($131.06 million) on the Egyptian stock exchange in the last quarter of this year, a partner said on Thursday.
05.06.2015 Zawya
