PM: Egypt to offer shares in six key state-owned companies next year
Egypt plans to list shares in five state-owned companies on the stock exchange within the first half of 2025, Prime…
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AlexBank
Egypt’s AlexBank, Mastercard team up to boost services
Mastercard has partnered with Egypt’s AlexBank, a member of the Intesa Sanpaolo Group, to support growth, digital…
Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK
Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
AlexBank says H1 net profit hit EGP 2.365 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Tuesday that its net profit after tax reached 2.365…
EIB grants Egypt’s AlexBank $15 mln for SMEs green projects
The European Investment Bank (EIB) has released a new installment of the $15 million renewable and efficiency…
Intesa to start talks to buy rest of Egypt’s AlexBank
Italy's biggest bank, Intesa Sanpaolo will start extensive negotiations in the coming few hours to buy the Egyptian…
ABK-Egypt Bank joins Instant Payment Network ‘InstaPay’
Egypt’s Al Ahli Bank of Kuwait (ABK) has joined the InstaPay mobile application, which allow clients to process…
Egypt’s AlexBank pre-tax net profit hits EGP2.1 billion in 9 months
Egypt’s AlexBank has announced on Sunday that its net profits before taxes reached 2.1 billion Egyptian pounds…
AlexBank says first-half net profit after tax hit EGP 1.234 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Monday that its net profit after tax had reached…
AlexBank H1 pre-tax net profit grows to EGP 1.959 billion
Egypt’s AlexBank announced on Monday that it made net profit before tax worth up to 1.959 billion Egyptian pounds…
