Bank of Alexandria to introduce Islamic retail banking products, if CBE approves
By Mohamed Hamdy Bank of Alexandria (Bank Of Intesa Sanpaolo Group) demanded an approval from the Central Bank of…
Industrial Development Bank to install ATMs in all the Bank’s branches
By Mohamed Hamdy Industrial Development and Workers Bank will install ATMs in its 17 branches across Egypt.
1038 units of the social housing project delivered tomorrow
The 15th of May body begins to delivers 1038 units of the social housing project starting tomorrow and till the…
China banks’ 2011 profits hit new high, growth slows
Profits of Chinese banks reached a record high of 1.04 trillion yuan ($165.10 billion) in 2011, marking an increase…
Utopia distributes 6 EGP per share as dividends on the 7th of March
Utopia Real Estate Investment and Tourism (UTOP) decided to distribute coupon number (1) as 6EGP per share on the…
China acts to crank up credit as lending, economy slow
China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by…
Social Fund to increase loan portfolio to EGP 5 billion this year
Written by: Ahmed Aly and Mohamed Hamdy The loan portfolio, offered from the Social Fund for Development to finance…
Dubai shares reached the highest price in the last seven months
Dubai shares headed for the highest close in seven months, leading gains in Persian Gulf markets; after the rise in…
Minister of finance to sign an IMF US$ 3.2 bn loan agreement next month
Momtaz El-Saeed, Finance Minister, said that the International Monetary Fund (IMF) mission will arrive in Cairo in…
EGX earns L.E1.6b in Sunday’s Morning Trading, EGX30 nears 5000p
Amwal El-Ghad:The EGX has managed to earn L.E1.6 billion during morning trading of Sunday, the first sessions of…