Abu Dhabi Islamic Bank Egypt: Q3 Total Assets 5.5% up
The total assets of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt- Previously the National Bank for Development) have…
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CIB Egypt Board Set to Endorse Q3 Financial Results Nov. 12
Board of directors of the Commercial International Bank of Egypt (CIB Egypt) (COMI.CA) chaired by Mr. Hisham Ezz…
ECB Easing Talk Lifts Shares, Pressures Euro
Increased prospects of a European Central Bank interest rate cut this year sent the euro to a six-week low on…
CBE Raises its First FX Auction of US$40 mln for this Week
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
HSBC Profits Seen up 10 Percent As Cost Cuts Pay off
HSBC Holdings (HSBA.L) is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest…
Abu Dhabi Islamic Bank Egypt Attains Q3 Profits of EGP75.9 mln
Abu Dhabi Islamic Bank – Egypt (ADIB – Egypt- Previously the National Bank for Development) has attained…
Banque Du Caire: Microfinance Portfolio Surges to EGP6 bln at August-End
Banque Du Caire’s total microfinance portfolio hit around EGP 6 billion by the end of last August. A senior source…
Ministers and Investors Confirmed for the 2013 Euromoney Egypt Conference
This month, the Egyptian Minister of Finance H.E. Dr. Ahmed Galal and the Minister of Tourism H.E. Hisham Zazou…
IDB to Launch $10 Billion Islamic Bond Program in Dubai
The Islamic Development Bank (IDB) ISDBA.UL will set up a $10 billion sukuk issuance program on the Nasdaq Dubai…
Egypt M2 Money Supply Rises 18.7 % in Year to September
Egypt's M2 money supply climbed by 18.7 percent in the year to the end of September, the country's central bank…