Browsing Category
Banks
Egypt’s Tax Rates Below Global Average: World Bank
Egypt’s average total tax rate is well below the world average, according to the 'Paying Taxes 2013' report…
Egypt Adopts Long-Term Expansionary Monetary Policy
The Egyptian Ministry of International Cooperation stated that the Central bank of Egypt (CBE) targets to adopt…
Bank Audi Egypt’s 9-Month Retail Loans Up EGP 334.4 Mln
Bank Audi Egypt’s retail loan portfolio rose by 334.4 million (21.4%) during the first nine months of 2012,…
Qatar Cashes In On Remaining Barclays Warrants
Qatar Holding LLC has cashed in on its remaining warrants in Britain's Barclays Plc, a move that still leaves the…
Standard Chartered Wins Best Consumer Internet Bank Awards
Standard Chartered has been awarded "World's Best Consumer Internet Bank" and "Best Consumer Internet Bank in Asia,…
SABB Launches Foreign Currency Online Platform
SABB announced the launch of an innovative foreign currency portal for corporate clients to use in their foreign…
Ahli United Bank Egypt’s Retail Loans Hit EGP 80 Mln
Ahli United Bank Egypt’s retail loan portfolio reached EGP 80 million in the first 10 months of 2012. Sources said…
SFD Allocates EGP 9.2 Mln For Improving Drinking Water
The Social Fund for Development (SFD) has signed three contracts to offer EGP 9.2 million finance to improve…
Industrial Development Bank’s Real Estate Assets Reach EGP 50 Mln
The Industrial Development and Workers Bank of Egypt’s real estate assets reached about EGP 50 million. The…
Bank Audi Egypt’s Loans Hit EGP 9 Bln At End Of Q3
Bank Audi Egypt’s portfolio of loans and credit facilities witnessed a remarkable increase of 15.3%, registering…