Banks Bank of Alexandria: Profits Fall 2.2% in 9 Months Salma Ayman Nov 26, 2013 0 The Bank of Alexandria (BOA), one of the largest banks in Egypt, reported a decline in its 9-month profits by 2.2%…
Tech news Fawry Expands Abroad Egypt by Early-2014 Salma Ayman Nov 25, 2013 0 Fawry Electronic Bill service is planning to expand abroad Egypt through launching e-payments services in other…
Industry & Trade Investment Minister Says Government Eyes FDI Stimulus Salma Ayman Nov 11, 2013 0 The Egyptian Investment Minister, Osama Saleh said in a keynote speech at Euromoney’s 19th Annual Conference Cairo…
Banks ABA Seeks to Raise NSGB’s Credit Facilities to EGP50 mln Yomna Yasser Nov 5, 2013 0 Alexandria Business Association (ABA) is planning to increase the amount of the periodic credit facilities granted…
Banks Capital Intelligence Lowers Bank of Alexandria’s FCR to B- Yomna Yasser Sep 12, 2013 0 Capital Intelligence (CI), the international credit rating agency, had lowered Bank of Alexandria (BoA)'s Long-Term…
Banks Alex Bank Says Profits Hit EGP349 mln by H1/2013 Yomna Yasser Aug 29, 2013 0 Alex Bank Intesa Sanpaolo reported profits totaled EGP 349.3 million by the first half of 2013, compared to…
Banks Moody’s Downgrades Egypt’s Bank Of Alexandria; Negative Outlook Yomna Yasser Aug 1, 2013 0 Moody's Investors Service downgraded Egypt's Bank of Alexandria's (BALX) local-currency deposit rating for one…
Banks Banks Extend Closing Branches in Egypt’s Tahrir Sq to 3rd Day Administrator Jul 2, 2013 0 The banks' branches located in Egypt's Tahrir Square decided to remain closed for fear of a potential violence that…
Banks Moody’s Downgrades Five Egyptian Banks, Maintains Review Administrator Feb 16, 2013 0 Moody's Investors Service has downgraded the ratings of five Egyptian banks. The affected banks are: --- National…
Indices news Citadel Capital’s ANCC Hosts New Minya Governor Yomna Yasser Nov 5, 2012 0 The new Governor of Minya, Dr. Moustafa Kamel Eissa visited ASEC Cement’s US$ 360 million, 2.0 MPTA greenfield…