banks
World intrigued by ‘Occupy Wall Street’ movement
World
October 11, 2011
World intrigued by ‘Occupy Wall Street’ movement
Tahrir Square in Cairo, Green Square in Tripoli, Syntagma Square in Athens and now Zuccotti Park in New York -…
Banking sources: Egypt to extend tenure of central bank chief
Business
October 9, 2011
Banking sources: Egypt to extend tenure of central bank chief
Egypt’s ruling Supreme Council of the Armed Forces (SCAF) is leaning toward extending the tenure of Central Bank of Egypt…
Government restructures boards of public banks
Business
September 20, 2011
Government restructures boards of public banks
Prime Minister Essam Sharaf has issued a resolution to restructure the boards of state-owned banks on 25 September 2011 for…
Central Bank official: No maximum wage for public banks’ leaders
Business
September 7, 2011
Central Bank official: No maximum wage for public banks’ leaders
A maximum wage for the leaderships of the Central Bank of Egypt (CBE) and the presidents of public banks has…
A new chance in Egypt for Islamic finance
Business
April 21, 2011
A new chance in Egypt for Islamic finance
Covered head-to-toe in a black abaya embroidered with red and yellow flowers, Amal Abbas waits for her turn to place…
Banks and stock exchange close for 2 days next week
Egypt
April 19, 2011
Banks and stock exchange close for 2 days next week
The Central Bank of Egypt has decided to suspend work at banks on 24 and 25 April for Easter and…
Bank employees stage sit-ins for better wages, reforms
Egypt
February 23, 2011
Bank employees stage sit-ins for better wages, reforms
Employees of a number of Egyptian banks held sit-ins Wednesday to call for better living and financial conditions and administrative…
Banks to reopen Sunday following longest closure since January 25
Business
February 19, 2011
Banks to reopen Sunday following longest closure since January 25
Banks will on Sunday reopen following the longest period of closure brought about by the 25 January revolution.Meanwhile, Farouq al-Oqda,…
Banks to open as usual on Thursday; Egypt pound stable against US dollar
Business
February 9, 2011
Banks to open as usual on Thursday; Egypt pound stable against US dollar
Banks will open as usual on Thursday from 8:30 AM until 2:00 PM, with some branches remaining open until 5:00…
Banks classify textile industries “risky”
Business
December 26, 2010
Banks classify textile industries “risky”
Egyptian banks have placed restrictions on textile credit facilities and loans extended to factories after classifying the industry "risky," textile…