amwalalghad :: Banks

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        Misr Chemical Industries   5.65        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        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        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        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        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 - 2018-03-11 12:19:55
Egyptian lender Housing and Development Bank (HDB) has reported net profit after taxes 1.075  billion Egyptian pounds, despite the challenges that have faced the Egyptian economy. on the other hand, the bank's cash flow has recorded a percentage of 40.8 % and the total assets registered 51.9 billion pounds by the end of 2017 compared to 32 billion Egyptian pounds by the ends of 2016 with an increase of 62 percent. while, the loans portfolio has posted 13.4 billion pounds in 2017 comparing to 10.5 billion pounds in 2016 with an increase of 27.6  percent. the bank also posted net profit before taxes 1.49 billion Egyptian pounds by the end of 2017  increasing by 62 percent. More»
Mohamed Hamdy - 2018-03-11 10:55:46
The Chairman of the National Bank of Egypt (NBE) Yehia Abu Fotouh said the bank has increased the credit facilities directed to the tourism sector to 1.4 billion Egyptian pounds (US$79 million) as part of the Central Bank of Egypt’s (CBE) initiative to bolster the tourism sector in Egypt. The Central Bank of Egypt (CBE) launched an initiative to subsidise the renovation of hotels, floating hotels, and tourism fleets. Through the initiative, banks will secure EGP 5bn with an interest rate of 10%, extending over a maximum period of 10 years, according to the credit study conducted on each client separately. Abu Fotouh added that has registered 420 billion Egyptian pounds of which 40 billion pounds directed to small and medium enterprises. More»
Amwal Al Ghad English - 2018-03-10 10:56:06
Egypt’s local banks injected 11 billion Egyptian pounds (US$624 million) in favour of the central bank's low-income mortgage initiative since its beginning, Gamal Negm, Deputy Governor. During 2014, CBE has launched an initiative worth 20 billion Egyptian pounds to stimulate the mortgage sector and finance the purchase of housing for earners with low and average incomes. CBE has amended the mortgage finance initiative to provide an opportunity for those who earn less than EGP 1,400 per month to benefit from the initiative at a discounted annual interest rate of 5% instead of 7%. More»
Ahmed Ali - 2018-03-08 13:25:46
Egypt's third biggest state-owned bank, Banque Du Caire's micro finance portfolio has registered 2.26 billion Egyptian pound by the end of December 2017 for 154,000 clients, according  Tarek Fayed, Chairman of BDC. He added that the bank seeks to increase the micro finance portfolio by 70 percent by the end of 2018 reaching 3.8 billion Egyptian pounds for 180,000 clients. Fayed added that the bank would achieve the increase through opening new branches in the governorates and industrial zones along with expanding in paying through mobile phones. Banque Du Caire’s policy aims to support the country’s development plans and keen on pushing economic growth in many sectors, notably the small and medium-sized enterprises (SMEs). He added that Female breadwinners obtained more than 34 percent of Banque Du Caire’s total microfinances. More»
Mohamed Hamdy - 2018-03-07 11:19:45
Abu Dhabi Islamic Bank arranging one billion Egyptian pounds loan in favor of Marasem International for Urban Development, an affiliate of Saudi Binladin Group, to finance its expansions in New Cairo. A source with knowledge said that ADIB has marketed the loan during the last days offering other banks the possibility of participating in arranging the loan including Banque Misr, Al Baraka Bank, The United Bank, Societe Arabe Internationale De Banque - SAIB and Industrial Development & Workers Bank Of Egypt. On the other Hand, the company has acquired a fund of 800 million Egyptian pounds to part finance its project in New Cairo. Founded in 1997, Al-Marasem Development started its businesses in Egypt as a construction company for a big real estate project in New Cairo during the period from from 1997 to 2007. More»