amwalalghad :: Banks

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Business - Banks

Mohamed Hamdy, Islam Abdel Hamid - 2017-12-12 11:41:54
Islamic finances in Egypt recorded 222 billion Egyptian pounds (US$12.4 billion), thus Islamic banking garners 6 % of the market share, Mohamed Al-Beltagy – Chairman of the Egyptian Islamic Finance Association said. She said on the side lines of during a forum regarding the Islamic funding of the small and medium enterprises that the volume of Shariah-compliant deposits recorded 190 billion Pounds while the volume of islamic  funding  registered 171 billion pounds. More»
Ahmed Ali - 2017-12-11 11:14:32
Remittances of Egyptians abroad continued to increase as it registered $5.9 billion in the first quarter of (Q1) of financial year (FY) 2017/18, compared to $4.3 billion a year earlier. More»
Amwal Al Ghad English - 2017-12-11 07:50:53
The Central Bank of Egypt (CBE) stated that the total surplus of Egypt’s balance of payments rose to $5.1 billion during the first quarter of financial year 2017/2018 from 1.9 during the same period of financial year 2016/2017. According to the CBE, remittances of Egyptians abroad rose to USD 5.9 from January to March during the financial year 2017/18, compared to $4.3 billion in the same period during the financial year 2016/2017. In November, the central bank floated the currency and agreed to a $12 billion loan with the International Monetary Fund to support its reform programme. Egypt’s foreign reserves registered $36.535 billion at the end of September 2017. Around 9.4 million Egyptians live abroad, of a total Egyptian population of 104.2 million. Egyptians working abroad send back billions of dollars a year in remittances, an important source of hard currency. More»
Ahmed Ali - 2017-12-10 14:12:36
Influx of foreign direct investment (FDI) hiked to register $3 billion in the first quarter (Q1) of financial year (FY) 2017/18, the Central Bank of Egypt (CBE) announced Sunday. Meanwhile, the net outflow of Foreign direct investments registered $1.4 billion, which states that net FDI in Egypt stood at $1.6 billion in the same period, the CBE noted. Around 84 percent of FDI in Q1 were directed to the petroleum sector, according to the report. The deficit in the trade balance declined 5 percent in that quarter to record $8.9 billion, compared to $9.4 billion in Q1 FY 2016/17. More»
Amwal Al Ghad English - 2017-12-10 08:56:24
The African Export and Import Bank (Afreximbank) signed a Memorandum of Understanding (MoU) with Attijariwafa Bank to boost trade exchange between Egypt and Africa. The signing ceremony took place on the sidelines of the Africa 2017 Forum, which concluded yesterday in Sharm El-sheikh, and was attended by Chairman of Afreximbank Benedict Okey Oramah and CEO of Attijariwafa Bank Mohamed el-Kettani. The agreement allows more cooperation between the two banks and enhancing trade between African countries. According to the MOU, Attijariwafa Bank will act as a domestic representative for Afreximbank through its network of branches located in 15 African countries. More»