Barclays says to refund loan customers over errors
The errors, which date back to October 2008, could spark refunds totalling…
Factories call for aid from banking sector
Officials stated that the two sectors were very different and that one…
Analysts debate conversion of gulf lifelines to bonds
Meanwhile, former finance minister Momtaz El Saeed said that a conversion is…
Egypt’s budget deficit estimated to hit EGP 197.5bn by end of June
Last year, the budget deficit reached EGP 134.996bn.
Egyptian Central Bank announces key interest rates will not change
Egypt’s Central Bank recently announced on its website that key interest rates…
Personal loans increase as inflation and price of goods rise
The value of personal loans made in November 2012 increased by EGP…
Egypt’s economic sectors see weak levels of funding growth
Central Bank report shows bank loans made in Egypt in November jumped…
Arab African International Bank launches new line of lending products
The Arab African International Bank presents new lending solutions that suit customers…
Education financing solutions surface as academic year approaches
By WaleedAbd El-Azeem This year Ramadan coincided with academic preparations for the…
Banks regain confidence in construction materials market
Banks willing to finance the stagnant construction materials sector