Banque Misr’s Mohamed El-Etreby elected chairman of Union of Arab Banks
Banque Misr chairman Mohamed El-Etreby was elected chairman of the Union of Arab Banks (UAB) on Wednesday for three…
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Remittances from Egyptians abroad grow 6.4% y-o-y in 2021: CBE
Remittances from Egyptians working abroad grew by 6.4 percent year-on-year to around $31.5 billion in 2021 from…
Egypt’s net foreign reserves inch up to $40.980 billion in January
Egypt’s net foreign reserves inched up to $40.980 billion at the end of January from $40.934 billion at the end of…
Egypt’s Banque Misr pretax profit jump 53.7% at Sept-end
Egypt’s second largest public bank Banque Misr reported on Wednesday a 53.7 percent growth in pretax profit at the…
National Bank of Egypt: pretax profit at EGP48.263 billion in 15 months
The National Bank of Egypt (NBE), the country’s biggest state lender, said on Sunday its pretax profit rose to…
Deposits at Egypt banks hike 16.9% in 9 months: c.bank
Banks in Egypt reported a 16.9 percent surge in the size of deposits to 6.077 trillion Egyptian pounds ($386.8…
Remittances from Egyptians abroad grow 1.5% in Q1 FY 2021-22: official
Remittances from Egyptians working abroad reported a 1.5 percent year-on-year growth the first quarter of the…
Attijariwafa Bank Egypt hikes paid-up capital to EGP 5 billion
Attijariwafa Bank Egypt’s general assembly has recently approved paid-up capital increase to 5 billion Egyptian…
HSBC launches Foras Trade Fund to support Egypt SMEs
HSBC has launched on Tuesday a Foras Trade Fund worth 3 billion Egyptian pounds ($191 million) to support small and…
Egypt’s net foreign reserves slightly increase $40.85 billion in October
Egypt’s net foreign reserves slightly inched up to $40.85 billion at the end of October from $40.825 billion at the…
