Tag: banks

Egyptian banks register profits despite economic uncertainties

Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in…

Sara Aggour Sara Aggour

Factories call for aid from banking sector

Officials stated that the two sectors were very different and that one…

Daily News Egypt Daily News Egypt

Central Bank of Egypt: Normal working hours to begin Monday

All banks are to remain open to receive clients between the 8.30am…

Daily News Egypt Daily News Egypt

Banks resume working amid unrest

Banks returned to working normally starting Sunday for only three hours a…

Daily News Egypt Daily News Egypt

Economy reels from recent turmoil

Economic experts weight in on the effects of ongoing violence

Sara Aggour Sara Aggour

Banks consider cutting interest rates on deposits

The banks stated that they would study ways and mechanisms to decrease…

Daily News Egypt Daily News Egypt

Banks close early ahead of ultimatum

The Central Bank of Egypt orders banks to close early before army’s…

Nada Badawi Nada Badawi

Egyptian banks to keep their doors open through 30 June protests

Some banks convene meeting to form emergency plans, intensify security in case…

Daily News Egypt Daily News Egypt

Bank tax law amended following criticism

The law, which taxes funds set aside by banks to cover potential…

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