Money Egypt’s pound surpasses EGP 27 level against dollar at closing Mostafa Mahmoud Jan 5, 2023 0 Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
Money Banque Misr: pre-tax profit hits EGP 27.7 billion in 9 months Mostafa Mahmoud Jan 2, 2023 0 Egypt’s second largest public bank, Banque Misr said on Monday its profit before income tax recorded 27.781 billion…
Money The godfather of CIB Egypt bank, Hisham Ezz Al-Arab, returns as chairman – Al… Mostafa Mahmoud Dec 8, 2022 0 Egyptian veteran banker Hisham Ezz Al-Arab returns for a second stint as chairman of the Commercial International…
Money Egypt state banks to sign MSME climate financing deals with AFD, EU at COP27 Mostafa Mahmoud Nov 10, 2022 0 Egypt's three biggest state-owned banks will sign on Thursday at the UN climate summit COP27 a joint agreement with…
Money Abu Dhabi Commercial Bank Egypt says Q3 pretax net profit hikes 65% Mostafa Mahmoud Oct 31, 2022 0 Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt), part of Abu Dhabi Commercial Bank, reported on Monday a 65 percent…
Money Egypt targets primary surplus of 2.3% in FY2026/27 – minister Mostafa Mahmoud Oct 23, 2022 0 Egypt is targeting a primary surplus of 2.3 percent in its budget for the financial year 2026/2027, Finance…
Money Egypt, IMF finalise agreement on component of new programme – minister Mostafa Mahmoud Oct 16, 2022 0 Egypt and the International Monetary Fund (IMF) have finalised an agreement on the components of the new programme…
Money Egypt’s Banque Misr plans to launch its first digital bank early 2023 – chairman Mostafa Mahmoud Oct 3, 2022 0 Banque Misr, Egypt’s second biggest state lender, plans to launch its first digital bank in the homeland by early…
Money Egypt’s net foreign reserves at $33.141 billion in August Mostafa Mahmoud Sep 7, 2022 0 Egypt’s net foreign reserves slightly fell to $33.141 billion at the end of August from $33.143 billion at the end…
Money Egypt plans green samurai, panda, SDB bonds – minister Mostafa Mahmoud Sep 6, 2022 0 Egypt plans to issue green samurai bonds on the Japanese market and panda bonds on the Chinese market, Finance…