3 international investment funds acquire 85% of Fawry
Approximately 20% of the shares were acquired by the Egyptian American Enterprise…
CBE intervenes to strengthen pound against dollar
Dollar fell in black market for hours until it suddenly stopped
CBE raises EGP value against dollar by 20 piasters
The central bank will also cover 25% of the temporary credit facilities…
Banque Misr saving certificates attract EGP 3.4bn by Tuesday
Daily News Egypt has learned that the NBE certificates succeeded in attracting…
Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts
Analysts ruled out that the owners of the Suez Canal investment certificates,…
Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby
The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings…
CBE to convert $4bn worth of dues on importers to local currency
Tarek Amer holds frequent meetings with public bank heads to discuss developments…
Banking sector shaken by raised NBE, Banque Misr interest rates
Intensified meetings in banks to discuss the move’s effects on customer deposits
Banque Misr collects EGP 400m through certificates on first day
They surprised banking market with launch of two certificates with annual returns…
UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years: Vice Chairman
UNB supports Emirati investors in Egypt, and issued letters of guarantee worth…