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War on Gaza: Insurance giant Axa divests $20m from Israeli banks, report claims French insurance company withdrew its investments from
The dollar exchange rate against the Egyptian pound remained stable on Friday. Below is Friday’s dollar exchange rate National Bank of Egypt (NBE) Buying price: 47.95 Egyptian pounds Selling price: 48.05 Egyptian pounds Suez Canal Bank Buying price: 47.95 Egyptian pounds Selling price: 48.05 Egyptian pounds United Bank Buying price: 47.95 Egyptian pounds Selling price: …
The post US dollar exchange rates at major Egyptian banks on Friday appeared first on Egypt Independent.
The dollar’s exchange rate against the Egyptian pound remained stable on Saturday. This stability reflects the downward trend observed in recent days, which is likely due to the ongoing weekend and reduced market activity. Saturday’s dollar exchange rate: Central Bank of Egypt: Buy Price: LE 47.94 Sell Price: LE 48.08 National Bank of Egypt: Buy …
The post US dollar exchange rates at major Egyptian Banks on Saturday appeared first on Egypt Independent.
Several banks operating in Egypt have recently launched Certificate of Deposits with lucrative monthly and annual returns. Here are the highest interest CDs in Egyptian banks this year: National Bank of Egypt Citizens can invest in CDs from the National Bank of Egypt for three years, with a return of 30 percent in the …
The post Banks across Egypt offering CDs up to 30% per month appeared first on Egypt Independent.
The Central Bank of Egypt has announced that all banks operating in Egypt will be closed on the occasion of Labor Day and Sham al-Nessim, starting from Sunday, May 5 until Monday, May 6. In a press release, the Central Bank of Egypt added that banking services will resume on Tuesday morning, May 7. …
The post Banks across Egypt to close for two days due to Labor Day and Easter holidays appeared first on Egypt Independent.
Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of a joint financing platform between 10 multilateral development banks, as part of the spring meeting of the International Monetary Fund and the World Bank. The platform seeks to direct additional capital to expand the scope …
The post Egypt participates in launching financing platform between 10 international banks appeared first on Egypt Independent.
Israel may cut off Palestinian banks from global banking system next week The decision by Israel’s finance minister to isolate
Remote Australians are flying to the city with suitcases full of cash to make deposits after a local bank closed,
Credit rating agency Moody’s announced on Tuesday that it has changed the ratings and estimates of five internationally ranked Egyptian banks. The agency said that this includes the Caa1 long-term deposit ratings of the National Bank of Egypt (NBE), Banque Misr (BM), Banque du Caire and the Commercial International Bank (CIB), and the B3 long-term …
The post Moody’s changes rating for 5 Egyptian banks appeared first on Egypt Independent.
The scene of Islamic banking, which also is known as Shariah-based banking or financial system in Bangladesh has undergone a
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