EGX Changes AWB Names to NBK Egypt, Effective as of May 22
The Securities Listing Committee at the Egyptian Exchange (EGX) approved on Wednesday changing the name of Al…
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AWB
NBK Rebrands its Subsidiary in Egypt
National Bank of Kuwait Group (NBK), the largest financial institution in the country, rebranded its subsidiary in…
Maintaining Banks’ Strength An Urge To Limit Economic Deterioration: Yasser Hassan
Maintaining the strength of the banking sector to be able to continue its role without being exposed to large risks…
Egypt Court Reverses Asset Freeze On 21 Local, Arab Businessmen
Cairo Criminal Court on Wednesday had reversed an asset freeze decree against a number of prominent businessmen…
Saudi- Egypt’s Assets Freezing To Gravely Affect Investments
A group of Egyptian businessmen and foreign investors said Egypt's recent decision to freeze an estimated EGP 10…
EGX 30 Ends Monday At 5197 Pts Weighed By Prosecutor’s Freezing Assets Decree
The Egyptian Exchange (EGX) has ended Monday’s session posting humble gains of EGP 657 million driven by the…
Funds Of 21 Local, Arab Investors Frozen In Egypt Over AWB Case
Egypt’s prosecutor general Talaat Abdullah has issued late Sunday travel ban and assets freeze decrees against 21…
Hermes Official, Saudi Investors Freeze Businesses In Egypt Amid AWB Case
A wide number of Saudi and local businessmen decided on Sunday to freeze their direct and indirect investments in…
Al Watany Bank Of Egypt’s NPLs Hike To EGP 1.078 Bln
Al Watany Bank of Egypt’s non-performing loan portfolio surged to EGP 1.078 billion at the end of last December,…
Al Watany Bank of Egypt’s Loan Portfolio Hit EGP 7.2 Bln At End-2012
Al Watany Bank of Egypt (AWB) portfolio of loans and credit facilities witnessed a slight increase of EGP 122.4…
