CIB leads banking sector gains in EGX Sunday trading
In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
Browsing Tag
Al Baraka Bank Egypt
Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
The International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to…
Egypt’s Al Baraka Bank may borrow $55mln from IFC
Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
Al Baraka bank earnings increase by 20.6% in Q1 of 2023
Al Baraka Bank-Egypt announced on Monday that it has witnessed an increase in its net earnings by 20.6 percent…
Al Baraka Bank – Egypt 2022 pretax profit hits EGP 2.655 bln
Al Baraka Bank – Egypt reported on Sunday profit before tax of 2.655 billion Egyptian pounds ($87.1 million) during…
Al Baraka Banking Group shifts to category 1 Islamic investment firm licence
Al Baraka Banking Group B.S.C. (ABG) has converted its current Islamic Wholesale Bank licence in Bahrain to a…
Al Baraka Bank Egypt names Hazem Hegazy as CEO
Al Baraka Bank Egypt, part of Bahraini Islamic lender Al Baraka Group, said on Tuesday its board had chosen Hazem…
Al Baraka Bank – Egypt gets financial regulator approval for capital raise
Egypt's Financial Regulatory Authority (FRA) approved on Tuesday the publication of a disclosure form submitted by…
Al Baraka Bank Egypt records 1.1% surge in first-half profits
Al Baraka Bank Egypt, part of Bahraini Islamic lender Al Baraka Group, reported a 1.1 percent year-on-year growth…
Egypt’s Prime Holding acquires 10% of A.T. Lease
Egyptian investment bank Prime Holding has acquired a 9.99 percent stake in local leasing company Al Tawfeek…
