Emirates NBD to provide EGP 2 bln for Egypt’s biggest agricultural wastewater plant
Emirates NBD Egypt Bank announced on Sunday the provision of 2 billion Egyptian pounds ($127.4 million) to finance…
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Egypt’s gold reserves rise to $4.268 billion in July – c.bank
Egypt’s gold reserves, a major component of foreign cash reserves, rose to around $4.268 billion in July from…
Egypt’s net foreign reserves grow to $40.609 billion in July – c.bank
Egypt’s net foreign reserves rose to $40.609 billion in July from $40.584 billion in June, a central bank data…
Egypt’s Banque Misr mulls new Islamic lending for corporates
Banque Misr, Egypt’s second largest bank, is studying new sharia-compliant credit facilities worth up to 14.2…
National Bank of Egypt Q1 net profit jumps 161.6%
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Tuesday a 161.6 percent…
Al Ahli Bank of Kuwait–Egypt H1 net profit grows 12%
Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) reported on Sunday a 12 percent year-on-year growth in net profit for the…
Egypt’s domestic liquidity rise to EGP 5.361 trillion at June-end: c.bank
Egypt’s domestic liquidity rose to around 5.361 trillion Egyptian pounds ($213.9 billion) at the end of June from…
Banque Misr, BM Lease sign Islamic financing deal for Walk of Cairo project
Banque Misr, Egypt’s second largest bank, and its leasing arm BM Lease have signed on Wednesday a 700 million…
Four Egyptian banks back SODIC unit’s first securitisation bond issuance
A banking consortium has supported SODIC’s latest securitisation bond programme with a total investment of 343…
Egypt’s Banque Misr mulls committing EGP20.8 billion in joint lending
Banque Misr, Egypt’s second largest bank, is studying committing 20.8 billion Egyptian pounds ($1.3 billion) in…
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