Tag: banks

Moody’s upgrades CR assessments for 5 Egyptian banks

On 15 May, Standard and Poor’s revised its outlook on Egypt, raising…

Sara Aggour Sara Aggour

Banks can appeal property tax assessment: Finance Ministry

Regulations offered to facilitate application of property tax law

Sara Aggour Sara Aggour

CBE decreases issuance of weekly FX auctions

The step was taken to increase the supply of the US dollar…

Menna Samir Menna Samir

Tourism investors face obstacles in Egypt

Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman

Menna Samir Menna Samir

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt Daily News Egypt

HSCB launches EGP300m growth fund for SMEs

This is the second growth fund launched by the bank

Sara Aggour Sara Aggour

Emirates NBD Egypt net profit hikes 22% in 2014

Total assets increased by 20%, registering over EGP 24.3bn

Doaa Farid Doaa Farid

ECESR wins appeal, white taxi owners to renew licences without bank statement

Ministry of Finance has supported white taxi project with EGP 1.5bn since…

Doaa Farid Doaa Farid

Local banks deny restrictions on providing $100 notes

The Central Bank of Egypt gave no instructions to lenders operating in…

Dahlia Kholaif Dahlia Kholaif

3 investment banks promote 11 developmental projects for Economic Summit

Global Swiss bank expressed desire to participate in marketing Conference's investment projects

Shaimaa Al-Aees Shaimaa Al-Aees