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Banks
Gulf Finance House Announces Half Year Results
Gulf Finance House (" GFH " or "the Bank") has reported net profits of US$ 5.7 million for the period ending 30…
Egypt Expects Qatar Deposit Within A Week: Minister
Qatar should deposit $500 million in Egypt's central bank within a week, the Egyptian finance minister said, as the…
Banque Misr Eyes 11% Increase In Loans In 2012/13
Banque Misr targets to increase the volume of loan portfolio by 10%-11%, to register EGP 57 billion by the end of…
Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…
Ahli United Raises Mortgage Portfolio By EGP 600 Mln In 2012
Al Ahli United Mortgage Company targets to increase its loan portfolio to EGP 100 million by the end of 2012, up…
Al Baraka Banking Group Financial Result
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its net income…
East Mediterranean Gas Owes NBE US$ 156 Mln
The East Mediterranean Gas Company (EMG), which was exporting natural gas from Egypt to Israel, is paying off its…
Standard Chartered, Regulators In Settlement Talks
Standard Chartered is in talks with multiple law-enforcement officials, including New York's banking regulator, to…
New Barclays Chairman Seeks “Polymath” As CEO-Report
The incoming chairman of Barclays David Walker is looking for a "polymath" to fill the bank's vacant CEO post and…
EDBE’s NPLs Hit EGP 820 Mln In H1
The Export Development Bank of Egypt’s (EDBE) portfolio of non-performing loans stood at EGP 820 million, out of…