Egypt’s gold reserves inch up to $7.6 billion at end-Sept
Egypt’s gold reserves, a major component of foreign cash reserves, inched up to $7.644 billion at the end of…
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AlexBank says H1 net profit hit EGP 2.365 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Tuesday that its net profit after tax reached 2.365…
Egypt’s gold reserves rise to $7.9 billion at end-June
Egypt’s gold reserves, a major component of foreign cash reserves, rose to $7.974 billion at the end of July from…
Egypt, Nigeria central banks sign fintech cooperation pact
The central banks of Egypt and Nigeria have signed on Monday an agreement to boost cooperation in multiple areas.
First Abu Dhabi Bank Egypt Q1 net profit jumps 572%
First Abu Dhabi Bank – Egypt (FAB Egypt) reported on Thursday a 572 percent growth in net profit for the first…
QNB ALAHLI offers 3-year certificates of deposit at 19.25%
QNB ALAHLI is offering three-year certificates of deposit at 19.25 percent, it said in a statement on Tuesday.
Egypt’s pound weakens to EGP 100 to Kuwaiti dollar at opening
Egypt’s pound currency fell to surpass EGP 100 against the Kuwaiti dinar for selling at some banks during early…
Intesa to start talks to buy rest of Egypt’s AlexBank
Italy's biggest bank, Intesa Sanpaolo will start extensive negotiations in the coming few hours to buy the Egyptian…
Banque du Caire to launch new 22.5%, 25% yield CDs
Egypt’s third largest public state-lender, Banque du Caire (BdC) is launching new one-year certificates of deposits…
Banque Misr raises EGP 39 billion from high-yield CDs in 5 days – chairman
Egypt’s second-largest state lender Banque Misr has collected 39 billion Egyptian pounds ($) from its high-yielding…