Who’s Who in Egypt’s Islamic Supervision Committee for Sukuks
Egypt's financial regulator has selected 14 Islamic banking scholars to form the Islamic Supervision Committee for…
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NBE Plans Exiting from Egyptian Life Takaful and ARCOSTEEL
Egypt's largest lender the National Bank of Egypt (NBE) will be selling some of its non-core subsidiaries and…
German Development Bank Oks €20mn Loan for Egypt’s Irrigation Improvement Project
The German Development Bank - Kreditanstalt für Wiederaufbau (KfW) approved Sunday to grant a €20 million loan to…
Banque Misr Donates Extra EGP35 million to ‘Long Live Egypt’ Fund
Egypt's second biggest state-owned banks, Banque Misr announced Wednesday securing extra donations worth EGP 35…
Housing & Development Bank: 21% Rise in H1 Profit – Indicators
Egyptian lender Housing and Development Bank (HDB) posted 188 million Egyptian pounds in net profit in the first…
Madinet Nasr Housing Secures EGP530mn Loan from CIB Egypt
Egypt's Madinet Nasr for Housing & Development (MNHD) announced Wednesday signing a loan contract worth EGP 530…
AlexBank Decides to Contribute to Sisi’s Fund, Withdraws Previous Remarks
AlexBank, a member of the Intesa Sanpaolo Group, will donate to 'Long Live Egypt' Fund, CEO Roberto Vercelli…
Housing & Development Bank Launches a New Division to Fund SMEs
Egyptian lender Housing and Development Bank (HDB) has launched a new division for the small and medium-sized…
Ahli United Contributes EGP400 million to National Port Said Steel’s Loan
Egypt's Ahli United Bank agreed to contribute around EGP 400 million to National Port Said Steel Company (NPSS)'s…
Barclays Egypt Sees EGP500 million in Profits at end-2014
Barclays' Egyptian arm is seeking to register profits worth 500 million Egyptian pounds (around US$70 million) by…