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Banks
$388m IDB Loans To Boost Egypt Economy
Islamic Development Bank President Ahmed Muhammad Ali has signed a number of loan agreements worth more than $388…
QNB Sees Egyptian Central Bank’s Approval For SocGen Takeover In Two Weeks
Qatar National Bank, the Gulf state's largest lender by market value, said on Wednesday it hopes to complete the…
Agricultural Credit Bank Allocates EGP 180 Mln For Micro-Enterprises
The Principal Bank for Development and Agricultural Credit launches a number of variable kinds of loans and credit…
Tarek Amer Likely To Head A Saudi Arabian Bank: Sources
One of the largest banks in Saudi Arabia is in talks with Tarek Amer, former chairman of National Bank of Egypt…
Banks’ Investments In T-Bills Fell EGP 5.7 Bln In October: CBE
The Egyptian banking sector's investments in treasury bills fell by EGP 5.728 billion (2.3%) to reach EGP 243.98…
World Bank Cuts Growth Outlook As Advanced Nations Drag
A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said…
Egypt’s Debt Per Capita Registered EGP 18,703 In September
Egypt’s local and external debt per capita registered EGP 18,703 at the end of the last September, according…
5 Banks To Sign KIMA Loan Agreement Next February
The National Bank of Egypt (NBE), Commercial International Bank (CIB), Banque Misr, Banque Du Caire and Arab…
Net Foreign Direct Investments Hit US$ 108.1 Mln In Sept. 2012
Net foreign direct investments in Egypt fell 94.2% in Q1 of FY 2012/2013 to reach US$ 108.1 million at the end of…
Bank Aljazira Registers 65% Rise In 2012 Profits
Bank AlJazira 's net income increased 65 percent to SR501 million during 12 months of 2012, compared to SR 303…