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Banks
Banks Solely Focus On Profits, Neglect Developmental Projects: Abdel Moaty Lotfy
Abdel Moaty Lotfy, deputy chairman of the Federation of Economic Development Associations, said the banking sector…
East Delta Electricity’s GM Approves EGP 1.6 Bln Loan Conditions
The East Delta Electricity Production Company’s general assembly approved to sign an agreement within the next days…
Stable Rules Keep Banks Safe: El Sakka
Mahmoud El Sakka, chairman of the Egyptian Credit & Risk Association (ECRA), called for maintaining the rules…
QNB Continues To Support Qatari Trainees From Labor Ministry
QNB , the largest financial institution in the State of Qatar, and the MENA region, continues to support trainees…
Qatar’s Ahli Bank Says Top Shareholder To Sell Most Of Stake
Ahli Bank, Qatar's seventh-largest listed bank, said on Wednesday that its strategic partner, Bahrain's Ahli United…
Alex Bank’s Micro-Enterprise Finance Hits 110 Mln In September
Alex Bank Intesa Sanpaolo’s micro-enterprise finance portfolio reached EGP 110 million at the end of last…
Egyptian Potash Delays Receiving EGP 688 Mln Loan
The Egyptian Company for Potash and Chemical Industries has delayed receiving the EGP 688 million Islamic…
United Bank Relocates, Barclays Shuts Down 3 Branches On Tahrir March
The United Bank decided to close its downtown branch based in Garden City in preparation for demonstrations to be…
NBE Rejects PBDAC’s Cooperation Protocol On ATMs
The National Bank of Egypt (NBE) has turned down a request submitted by the Principal Bank for Development and…
CBE Exempts Four Banks From Applying Basel II Standards
The Central Bank of Egypt (CBE) announced that four banks working in the country would be exempt from having to…