Egyptian banks
US dollar hits LE18 again
Business
November 21, 2016
US dollar hits LE18 again
The US dollar continued its rise against the Egyptian pound in the banks for the second consecutive day on Monday,…
Egypt’s EFG-Hermes losses deepen to 67.55 mln Egyptian pounds in second quarter
Business
August 11, 2016
Egypt’s EFG-Hermes losses deepen to 67.55 mln Egyptian pounds in second quarter
Egypt's EFG-Hermes, the country's largest investment bank, said on Thursday it made a net loss of LE67.55 million ($7.61 million)…
Egyptian banks, bourse off 5 days for Bairam
Egypt
September 21, 2015
Egyptian banks, bourse off 5 days for Bairam
Egyptian banks will be off marking the Greater Bairam (Eid al-Adha) holidays from Wednesday, September 23, until Sunday, September 27,…
Report: Egyptian banks to fund major power deal
Egypt
January 22, 2015
Report: Egyptian banks to fund major power deal
Six Egyptian banks have reached a deal to fund an electricity generation project worth 3 billion Egyptian pounds ($405 million),…
CEO of National Bank of Egypt resigns
Egypt
January 14, 2013
CEO of National Bank of Egypt resigns
The CEO of the National Bank of Egypt, Tarek Amer, resigned on Monday, just days after the president appointed a…