amwalalghad :: Banks

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        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        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        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

Amwal Al Ghad English - 2018-01-04 07:50:50
Sources in the Central Bank of Egypt (CBE) announced on Wednesday that Egypt paid $US30 billion to foreign bodies in 2017. They added that the country is committed to pay over $12 billion in debts and commitments in 2018. Last year’s payments included bonds and debts to international banks, such as the African Export Import Bank, deposits and loans received from Saudi Kingdom, Libya and Turkey, in addition to financial commitments to the Petroleum Authority and the Paris Club. The sources stressed that Egypt has entered negotiations with several Gulf creditors to extend the duration of the repayment periods, which they have deposited in the CBE. Former Governor of the CBE, Ismail Hassan, said that Egypt’s foreign debts are still within the safety limits, asserting that the foreign reserve, valued at $36.7 billion, has not been affected by the debt payments. More»
Amwal Al Ghad English - 2018-01-03 14:00:46
Egypt’s oldest bank, Banque Misr is negotiating with the central banks of both South Korea and Kenya to open representative offices there, its vice chairman Akef El Maghraby said on Wednesday. The bank is currently choosing the location of the offices in order to open them during the first half of 2018, El Maghraby added. In October 2014, Banque Misr opened a representative office in Moscow to facilitate Egyptian investments in Russia. One of the main targets set when opening the bank in Russia was to ensure good conditions for Egyptian businessmen who aim at investing in Russia. More»
Ahmed Ali - 2018-01-03 10:38:18
Egypt’s foreign reserves surged to $37.109 billion at the end of December from $36.723 billion a month earlier, the central bank announced on Wednesday. Egypt’s foreign reserves have been climbing since the country reached a $12 billion, three-year loan programme with the International Monetary Fund loan in 2016 in a bid to lure back foreign investors and revive its ailing economy. The country’s foreign reserves at the end of December 2016 were $24.265 billion. The values of Egypt’s foreign reserves held by the Central Bank of Egypt during 2017: More»
Fatma Nashaat - 2018-01-03 10:13:48
Al Baraka Banking Group (ABG), the leading multinational Islamic Banking Group, the Moroccan Bank for Foreign Commerce of Africa (BMCE Bank), launched a new participation bank, BTI Bank (Bank al Tamweel wa Inma). the new participation bank will be opening its headquarters in Casablanca. More»
Amwal Al Ghad English - 2018-01-03 09:45:31
The European Central Bank (ECB) may end its stimulus programme this year if the euro zone economy continues to grow strongly, ECB rate-setter Ewald Nowotny told a German newspaper. The ECB has said it will buy bonds at least until September and it is widely expected to wind down the 2.55 trillion-euro scheme, the centerpiece of its efforts to revive inflation in the euro zone, after that. Nowotny’s comments, echoing those of board member Benoit Coeure at the weekend, are likely to help cement those expectations. “If the economy continues to do so well, we could let the program run out in 2018,” Nowotny told Sueddeutsche Zeitung in an interview carried out before Christmas and due to be published on Wednesday. The ECB’s stimulus has helped pull the euro zone back from the brink of deflation, with price growth now comfortably above 1 percent. Even if the inflation rate is still expected to miss the ECB’s target of close to but below 2 percent for years to come, Nowotny said policymakers should be flexible about it. “It’s not easy to explain why 1.5 percent isn’t enough and 1.9 percent would be better,” he said. “That’s why I think we should not see that too dogmatically.” More»