Talks to buy Egyptian and Zimbabwean operations from the parent ended after they couldn’t agree on price.
04.12.2015 Bloomberg Business
CBE said in a statement on its website that it has cleared "all the pending backlog" owed to foreign investors "to date".
03.12.2015 All Africa
The move by Amer in the first week of his tenure also signals he’s readying for a more liberal currency policy.
02.12.2015 Bloomberg Business
Afreximbank would also avail its investment guarantee and country risk guarantee programmes to the Egyptian government.
29.11.2015 Star Africa
Egypt's business community will breathe easier when Tarek Amer takes charge at CBE on Friday with hopes high he will revamp a monetary policy.
28.11.2015 Business Standard
The bank will increase its capital from its reserves and in return will issue 229.4 million shares in the bonus issue at a value of LE10 per share.
25.11.2015 Ahram Online
Egypt has been suffering from an acute dollar shortage that has left imports piling up at ports with companies unable to open letters of credit.
18.11.2015 Ahram Online
The move comes after five lead Egyptian banks last week raised interest rates to above 12 percent.
16.11.2015 Ahram Online
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.
16.11.2015 Daily News Egypt
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.
12.11.2015 Ahram online