ADIB Egypt bank expects double profits, assets in 2026
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) said on Tuesday it expects assets and profits to double within five years…
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Egypt’s Banque du Caire Q1 net profit at EGP 800 million
Banque du Caire (BdC), Egypt’s third largest public state-lender, announced on Monday that its net profit recorded…
Egypt’s domestic liquidity rises 2.1% in April
Egypt’s domestic liquidity inched up to 6.416 trillion Egyptian pounds ($344.8 billion) in the at the end of April…
Egypt’s Banque Misr seen launching its first digital bank by May-end
Banque Misr, Egypt’s second biggest state lender, is expected to launch its first digital bank in the homeland by…
Egypt’s foreign inflows grow 30% since pound correction move in March – c.bank governor
Egypt’s Central Bank Governor Tarek Amer said on Wednesday foreign inflows have increased by around 30 percent…
Egypt plans to issue Chinese yuan-dominated bonds: minister
Egypt plans to issue its Chinese yuan-dominated bonds, a step aimed to diversify funding for the economy and…
Egypt aims to host 2023 annual Asian Infrastructure Investment Bank meeting
Egypt plans to host the eighth annual meeting of the board of governors of the Asian Infrastructure Investment Bank…
Egypt’s VC fintech investments jump 300% in 2021 – report
Venture capital (VC) investments directed to the fintech and fintech-enabled startups are witnessing have surged…
Egypt’s Arab African International Bank says net profit jumped 70.7% in 2021
Egypt's first Arab multinational bank Arab African International Bank (AAIB) reported on Monday a 70.7 percent…
National Bank of Egypt raises $11 billion from high-yield certificates in 9 days
Egypt’s biggest state lender, the National Bank of Egypt (NBE) has raised 200 billion Egyptian pounds ($10.9…