World Bank released a report revealing remittances to developing countries during the current year of 2011, which will rise to U.S. $351 billion and total remittances worldwide, including high-income countries, to U.S. $483 billion.
According to (...)
World Bank released a recent report for global migration and remittances indicated the total remittances entering developing countries this year will reach U.S. $351 billion and the total remittances in the world, including high-income countries, (...)
The Central Bank of Egypt will issue treasury bonds tomorrow November 28 with a total value estimated at 5 billion EGP (U.S. $834.7 million). The first Treasury bond lasts three years and worth 2.5 billion EGP. The second bond costs U.S. $2.5 (...)
The total liabilities and equity of National Union Bank, Egypt, decreased to a record of 4 billion EGP (U.S. $672 million) at the end of the first half of 2011, ending in June.
At the end of December 2010, the National Union Bank's
total (...)
CAIRO: All accounts and balances' data and information of Citibank's clients in Egypt are unexposed to any other breaches from hackers.
Citibank Egypt is continuing to expand its activities in, Egypt Vice Chairman of Citibank Egypt, Lamis Negm, (...)
A committee has been organized by the Council of Ministers to settle the debts of Egypt's jailed and fugitive businessmen said a banking source. The committee will concern itself with adjustments to land and property that were allocated by officials (...)
Economic sources estimate the amount of money out of banks of Arab States after the Arab uprising and revolutions. About U.S. $50 billion were lost and the number may increase due to the continuous decline in the currency.
An official in the Gulf (...)
A recent report issued by the Central Bank of Egypt reports there has been a decline in net foreign assets of the banking system, equivalent to 16.4 billion EGP (U.S. $2.8 billion), and by 5.8 percent from July 2010 to March 2011.
The general (...)