banks
Egyptian pound remains stable against US dollar
Business
January 30, 2017
Egyptian pound remains stable against US dollar
The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…
US dollar exchange rate sees slight increase at banks
Business
January 26, 2017
US dollar exchange rate sees slight increase at banks
The US dollar exchange rate appreciated gradually during transactions on Thursday at five banks: the National Bank of Egypt (NBE), Banque…
British banks’ optimism hits crisis-era low on Brexit uncertainty
Business
January 23, 2017
British banks’ optimism hits crisis-era low on Brexit uncertainty
Optimism about the business environment for Britain's financial services firms fell for a fourth consecutive quarter, according to a survey…
Banks may be able to sue EU if denied transitional deal: document
Business
December 19, 2016
Banks may be able to sue EU if denied transitional deal: document
Banks in Britain are being advised they may be able to sue the European Union if it fails to grant…
US dollar exchange rate continues to decline
Business
November 14, 2016
US dollar exchange rate continues to decline
The US dollar exchange rate continued to decline compared to the Egyptian pound in major banks since the IMF announced…
US dollar rate decreases after Egypt receives first tranche of IMF loan
Egypt
November 12, 2016
US dollar rate decreases after Egypt receives first tranche of IMF loan
The US dollar exchange rate decreased in banks on Saturday, after Egypt received last night US$2.75 billion, the first tranche of the…
US dollar at over LE17
Egypt
November 7, 2016
US dollar at over LE17
The US dollar price jumped on Monday to a new level amid concerns that this state of confusion, which began…
US dollar at LE16, shortage continues
Business
November 6, 2016
US dollar at LE16, shortage continues
The US dollar has reached a new level, being sold at LE16 at Egyptian banks on Sunday, as banks began…
Govt, CBE debate timing of state-banks IPO
Egypt
October 31, 2016
Govt, CBE debate timing of state-banks IPO
The Egyptian government and the Central Bank of Egypt are involved in ongoing discussions over the timing of the initial…
Britain’s banks to reveal solid third-quarter results, warn of Brexit storm ahead
Business
October 23, 2016
Britain’s banks to reveal solid third-quarter results, warn of Brexit storm ahead
Britain's major banks are set to report stronger-than-expected results this week, confounding expectations that political and economic upheaval caused by…