Egypt bank assets up 29% in years on solid economic growth
Egypt’s banking assets rose 29 percent in two years, reaching 5.1 trillion Egyptian pounds ($285.3 billion) at the…
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National Bank of Greece requesting to exit Egypt
The National Bank of Greece has submitted a request to Egypt's central bank in a bid to exit the North African…
Egypt’s Banque Misr full-year customer deposits up 25.8%
Egypt’s second largest state bank, Banque Misr reported a 25.8 percent rise in its customers’ deposits during the…
Banks’ investments in Egyptian government securities fall 1.2% in April
Banks in Egypt invested around 642.03 billion Egyptian pounds ($36 billion) in the government securities during…
Egypt’s EALB approves new loans for fertilisers, automotive, food firms
State-owned Egyptian Arab Land Bank (EALB) approved on Thursday 600 million Egyptian pounds ($33.6 million) in new…
QNB Alahli Bank H1 net profit rises 27%
Qatar National Bank (QNB), the Middle East's largest lender by assets, reported on Thursday a 27 percent rise in…
Banking loans increase 2.3 % in March 2018: CBE
The volume of loans increased 2.3 percent in March recording 1.54 trillion Egyptian pounds, according to the…
Egypt expats’ remittances jump 48.2% in first 10 months of FY2017/18
Remittances from expatriate Egyptians jumped by 48.2 percent in the first 10 months of the 2017-2018 financial year…
Egypt net foreign reserves surge to $44.25 bln at end-June – c.bank
Egypt’s net foreign reserves surged to $44.258 billion at the end of June from $44.139 billion at the end of May,…
Egypt steps up plans to launch infrastructure fund with Sudan, Ethiopia
Officials from Egypt, Sudan, and Ethiopia are meeting in Cairo on Tuesday to step up efforts to launch an…