Egypt « 9/74 « | Kippreport.com

Egypt’s CIB says second quarterly net income grows 18 percent

Egypt's Commercial International Bank reported an 18 percent increase in second-quarter net income on Tuesday, above the expectations of analysts who say the country's lenders are benefiting from soaring yields on government debt.

August 15, 2012 10:26

Egypt to offer bonds worth 3.5 billion Egyptian pounds

Egypt's Ministry of Finance will offer 3.5 billion Egyptian pounds ($575.99 million) in three-year, five-year and seven-year bonds at an auction on Aug. 16, the central bank said on Monday.

August 14, 2012 11:30

Egypt expects Qatar deposit within a week

Qatar should deposit $500 million in Egypt's central bank within a week, the Egyptian finance minister said, as the country battles to pull its economy out of a tailspin after 18 months of political turmoil.

August 13, 2012 4:25

Qatar deposits $2 billion to support Egyptian economy

Qatar said on Saturday it would deposit $2 billion at the Egyptian Central Bank in an effort to help support an economy battered by a year and a half of political turmoil, an Egyptian presidency statement said.

August 12, 2012 10:30