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Deutsche Bank says didn’t prevent Trump transactions being flagged
Deutsche Bank denied a report that said some of its executives rejected the advice of the bank’s own anti-money…
Abu Dhabi Development appoints Mohamed Hassan as CEO
Abu Dhabi Development Holding (ADDHC), an entity set up last year to monitor and guide development service…
Attijariwafa Bank to increase its corporate portfolio to EGP15 bln in 2019
Attijariwafa Bank Egypt seeks to increase the credit portfolio of medium and large enterprises to 15 billion pounds…
Microfinance activity records 6 bln pounds in Q1 2019
Egypt’s microfinance activity balance has increased over the first (Q1) of 2019 to register 6 billion Egyptian…
Egypt’s insurers issue $12 mln micro-insurance policies at March-end: sources
A bunch of Egyptian insurance companies issued micro-insurance policies worth around 205 million Egyptian pounds…
New banking bill likely to be referred to Egypt’s parliament before May-end
A new bill on Egypt's banking sector is expected to be referred to the House of Representatives before the end of…
Sisi follows up on construction works in Egypt’s new housing projects
Egypt's President Abdel Fattah al-Sisi issued directives to officials to continue work on finalising housing…
EALB plans to pump EGP700mln Joint financing in two companies
State-run Egyptian Arab Land Bank (EALB) is planning to pump 700 million Egyptian pounds into joint funding being…
ADIB Egypt reports net profit in first quarter earnings, increasing by 78%
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported a surge in first quarter (Q1) net profits for the year 2019,…
Suez Canal Insurance wins policy bid for Assiut-Sohag road project
Egyptian Suez Canal Insurance (SCI) won an insurance policy bid of 132 million Egyptian pounds ($7.7 million)…