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Money
UK banks will withstand any ‘disorderly’ Brexit deal: Bank of England
Britain's major banks would be able to withstand a "hard Brexit" scenario, according to the Bank of England's…
National Bank of Egypt’s SMEs portfolio registers 37.5 bln pounds
Egypt’s biggest lender, the state-owned National Bank of Egypt the National Bank of Egypt's (NBE) small and…
Faisal Islamic Bank 9-month net profit rises to 1.21bn Egyptian pounds
Egypt’s Faisal Islamic Bank reported Wednesday an increase in nine month-net profit to reach 1.21 billion Egyptian…
Banque Misr signs 400 mln pounds loan to finance SMEs
Banque Misr has signed a 400 million Egyptian Pounds Loan with the Small and Medium Enterprises Development Agency…
IFC to provide CIB Egypt with a subordinated loan of $100 million
Commercial International Bank, the largest private-sector bank in Egypt , announced that it will sign an agreement…
Egypt’s Central Bank removes cap on deposit, withdrawal of companies
The Central Bank of Egypt (CBE) decided on Tuesday to cancel maximum limits on dollar cash deposit and…
Egyptians to start feeling effects of economic reforms in 2018: IMF
International Monetary Fund (IMF) mission chief for Egypt Subir Lall said on Sunday that Egyptians will start…
UAE’s SHUAA Capital for securities brokerage initiates Egypt Operations
SHUAA Capital, the United Arab Emirates-based integrated financial services firm, announced that its securities…
Egypt’s HC Securities to boost its assets under management by 20% in 2018
HC Securities & Investment, the leading investment bank in the Middle East and North Africa, aims to increase…
Export Development Bank of Egypt profits rise 66% in Q1-FY2017/18
Profits of Export Development Bank of Egypt (EBE) rose by 66 percent during the first quarter of financial year…