QNB Al-Ahli Bank’s personal funding surged by 2.5 billion pounds
QNB Al-Ahli Bank has secured personal funding of 18.039 billion Egyptian pounds by the end 2017, compared to 15.492…
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IMF ups Egypt growth forecast to 4.8% in FY2017/18
The International Monetary Fund (IMF) has adjusted its projection for Egypt’s growth in financial year 2017/18 to…
Banque Misr posts profits 8.2 bln in FY 2016/2017
Egypt’s second biggest bank, state-owned Banque Misr has achieved a growth in its net profits by 49 percent…
Tax overhaul will help boost US and global growth, for now: IMF
The International Monetary Fund (IMF) has revised global growth forecasts for 2018 and 2019 upwards, saying the…
The Bank of Japan holds monetary policy steady
The Bank of Japan announced Tuesday it was keeping its monetary policy steady, a move that was in line with market…
IMF to announce its second review of Egypt tomorrow
The International Monetary Fund (IMF) will announce the second review report and expert opinion on Egypt’s…
Arab Investment Bank aims to increase its loans portfolio to 15bln pounds
The Arab Investment Bank aims to boost its loans portfolio to 15 billion Egyptian pounds by the end of 2018, up by…
Misr Iran Bank injects 500 mln as part of SMEs intiative
Egypt’s Misr Iran Development Bank (MIDB) has injected 500 million Egyptian pounds($28 million) as part of Central…
Egypt’s NBE posts net profit of 6 bln pounds in H1 of FY2017/18
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) recorded net profits of 6 billion Egyptian…
C.bank of Egypt issues 14bn pounds in treasury bills Sunday
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued 14 billion Egyptian pounds in…