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Banks
Union National Bank Egypt Approves Financial Statements For 2012
Union National Bank-Egypt’s general assembly approved the bank’s financial statements, board of director’s report…
Finance Ministry To Offer 91-, 266-Day T-Bills Worth EGP 5.5 Bln Tomorrow
The Egyptian Ministry of Finance will offer 91- and 266-day treasury bills worth EGP 5.5 billion for sale at an…
Egyptian Dollar CDs Attract US$ 190.5 Mln In 10 Months
The Egyptian dollar-denominated certificate of deposit attracted US$ 190.5 million as of the end of last week since…
Iraq Rejects $4B Egypt Request, Talks Ongoing
An Iraqi official says Baghdad has rejected a request from Egypt for a $4 billion bond to be deposited in Egypt's…
QNB Acquires 97.12% Of NSGB With Additional 19.95% Stake Purchase
QNB, Qatar’s largest lender, has bought an additional 19.95% stake in National Société Générale Bank- Egypt (NSGB)…
IMF Mission To Visit Egypt In Early April For Loan Talks
The International Monetary Fund said on Thursday it would visit Egypt in the "first days of April" for talks with…
Housing & Development Bank’s Consolidated Net Profit Rose 149.8% In 2012
The Housing and Development Bank’s consolidated net profit rose 149.8% (EGP 232.1 million) to reach EGP 378 million…
Finance Ministry Sells 182-, 357-Day T-Bills Worth EGP 6.8 Bln
The Egyptian Ministry of Finance sold 182- and 357-day treasury bills worth EGP 6.8 billion, missing the target of…
Faisal Bank’s Net Profit Hit EGP 635.7 Mln At End-2012
Faisal Islamic Bank of Egypt’s net profit rose 224.8% (EGP 440.02 million) to reach EGP 635.7 million at the end of…
NBE’s Platinum Saving Certificate Attracts EGP 10 Bln Since Raising Return Rate
The National Bank of Egypt’s (NBE) Platinum Saving Certificate attracted EGP 10 billion during a month and a half…