Egypt’s CIB bank 9-month pretax profit hits EGP 30.7 bln
Commercial International Bank (CIB), one of Egypt’s largest private banks, posted profit before tax of 30.681…
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ADQ to buy stakes in 3 Egyptian energy firms before year-end: minister
Abu Dhabi's state holding company ADQ will buy stakes in three Egyptian energy firms before the end of the year,…
ECB Chair: interest rates to remain high ‘as long as necessary’
European Central Bank’s (ECB) president said on Wednesday that interest rates will remain high enough to restrict…
Eni: Egypt’s Zohr field performance “better than that of bigger fields in Russia”
The performance of Zohr gas field in Egypt is better than that of bigger fields in Russia, Eni's head of natural…
Egypt forms government unit to boost cooperation with BRICS countries
Egypt announced on Wednesday it would form a government unit to facilitate cooperation with BRICS countries.
Egypt’s sovereign fund TSFE increases issued capital to 12.5 billion pounds
Egypt’s sovereign wealth fund has raised its issued capital to 12.513 billion Egyptian pounds ($405 million), the…
Egypt’s Banque Misr to transform Kenya rep office into branch in 3 years
Egypt’s second largest public bank, Banque Misr announced on Tuesday plans to transform its representative office…
Banque Misr says pretax profit grows to EGP 40.8 billion in 2022
Egypt’s second largest public bank, Banque Misr said on Tuesday its profit before income tax had surged to 40.8…
National Bank of Egypt 2022 pretax profit at EGP 17 billion
The National Bank of Egypt (NBE), the country’s largest public lender, posted pretax profit of 71 billion Egyptian…
Crédit Agricole Egypt denies talk of due diligence on United Bank
Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…
