He was praised by the IMF and the World Bank for taking measures to improve Egypt's economy.
12.10.2015
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News by
Ahram Online
Banque Masr Chairman states that Egypt is a promising market for investments using new Suez Canal as an example.
13.09.2015
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News by
Daily News Egypt
The deal includes Citibank's retail portfolio and credit card businesses.
26.08.2015
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News by
Ahram Online
Kuwait's Al Ahli Bank received approval from the Egyptian Financial Supervisory Authority to acquire a controlling stake in Piraeus Bank's Egypt unit.
21.08.2015
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News by
Reuters
CIB-Egypt serves ACH-Credit clients operating in 16 fields, including oil, telecommunications, e-marketing, cement, universities, electricity...etc.
19.08.2015
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News by
MENAFN
Banks should exert more effort to support development instead of focusing on financing budget deficit, says Ezz El-Din Hassanin.
08.08.2015
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News by
Daily News Egypt
Bank repays bonds, amounting to $600m, which it offered in August 2010.
05.08.2015
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News by
Daily News Egypt
EBRD provides QNB Al-Ahli with $40m for trade facilitation.
04.08.2015
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News by
Daily News Egypt
Barclays Africa Group Ltd said talks to buy its parent company’s operations in Egypt and Zimbabwe have been accelerated following management changes.
30.07.2015
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News by
Bloomberg Business
The National Bank of Egypt has launched the first interactive teller machine (ITM) in the Egyptian market, according to Alaa Farouk, Head of Retail.
27.07.2015
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News by
Daily News Egypt
Trading will resume on the following Sunday, the stock exchange said in its statement.
22.07.2015
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News by
Ahram Online
Stability of US dollar rate against Egyptian pound stands between EGP 7.78 and EGP 7.83 in banks and at EGP 7.88 at exchanges.
22.07.2015
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News by
Daily News Egypt
NBK originally bought into the North African country in 2007 and now has around 30 branches mostly in Cairo and Alexandria, according to its website.
16.07.2015
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News by
Reuters
Moody's expects those changes to lead to rising consumer confidence and more business investments, which would increase loan growth from banks.
16.07.2015
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News by
NZ Herald
Banque Misr, Egypt's second-largest state bank, plans to raise $500 million via a dollar-denominated bond on international markets within three months
11.07.2015
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News by
Ahram Online
Ramz: There is nothing to worry about from the dollar's rise. This is a normal movement. It only moved 2.5 percent and this happens in many markets.
07.07.2015
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News by
Ahram Online
“We work under the umbrella of the CBE and our clients did not make any withdrawals,” says bank official.
30.06.2015
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News by
Daily News Egypt
Egypt’s first bank, Banque Misr was established by Talaat Harb.
28.06.2015
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News by
Daily News Egypt
Egypt’s economic output this year may jump to 4.2 percent, about double the average annual rate of growth since the uprising that ousted Hosni Mubarak
27.06.2015
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News by
Business Report
Audi plans to add 20 branches in Egypt over the coming three years, building on its existing 34, which employ 1,137 staff.
17.06.2015
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News by
Ahram Online
