Conflict on maximum wage continues between banks, government
Administrative court's decision not to subdue bank employees to the maximum wage…
Banks await Majid Al Futtaim announcement on funding alliance: Bank Audi Egypt
Two bank alliances, consisting of 12 banks, compete to grant company EGP…
Real estate tax crisis ongoing between banks, finance ministry
Mediation fails between the banking sector and the government over obliging banks…
ETF to demand banks initiate purchase of bankrupt companies: Official
Big banks that would be asked to execute plan are NBE, Banque…
Moody’s upgrades CR assessments for 5 Egyptian banks
On 15 May, Standard and Poor’s revised its outlook on Egypt, raising…
Banks can appeal property tax assessment: Finance Ministry
Regulations offered to facilitate application of property tax law
CBE decreases issuance of weekly FX auctions
The step was taken to increase the supply of the US dollar…
Tourism investors face obstacles in Egypt
Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman
CBE maintains key interest rates
The CBE also kept the discount rate unchanged at 9.25%.
HSCB launches EGP300m growth fund for SMEs
This is the second growth fund launched by the bank