Financial Institutions Moody’s assigns positive outlook for Egypt’s banks on strong economy Amwal Al Ghad English Feb 12, 2019 0 Moody's Investors Service has maintained its positive outlook on Egypt’s banking sector, buoyed by an improving…
Financial Institutions Dollar stable at major banks after wave of drops against EGP Amwal Al Ghad English Jan 30, 2019 0 The exchange rate of US dollar was relatively stable during morning transactions on Tuesday at major banks after a…
Financial Institutions Egypt’s foreign currency reserves rise $42.6bn at 2018-end Amwal Al Ghad English Jan 21, 2019 0 Egypt’s foreign currency reserves increased to $42.6 billion at the end of 2018, the highest level in years, the…
Feature Egypt’s Pharos Research sets FV of 10 EGX-listed banks Amwal Al Ghad English Jan 17, 2019 0 Egypt's Pharos Research has set the fair value (FV) of ten banks listed in the Egyptian Exchange (EGX), according…
Arab Banks aid Saudi gain, Dubai falls on real estate Amwal Al Ghad English Nov 19, 2018 0 Saudi stocks rose early on Monday, a day after falling to a one-month low, as banks rebounded and oil prices gained…
Feature Egyptian Banks’ deposits rise to 3.606 trillion pounds in August Amwal Al Ghad English Oct 28, 2018 0 A recent report by the Central Bank of Egypt (CBE) showed that deposits in the banking sector rose slightly at the…
Banks Banks’ investments in Egyptian government securities fall 1.2% in April Ahmed Ali Jul 15, 2018 0 Banks in Egypt invested around 642.03 billion Egyptian pounds ($36 billion) in the government securities during…
Banks SocGen chief urges regulators to help strengthen Europe’s banks Amwal Al Ghad English Jul 9, 2018 0 Societe Generale’s chief said banking space in Europe should follow in the footsteps of the U.S.’s, calling on…
Real Estate Egypt’s Talaat Moustafa denies getting 1.5 bln pounds from banks Amwal Al Ghad English Jun 14, 2018 0 Egypt’s largest listed real estate developer firm, Talaat Moustafa Group Holding (TMG) denied Wednesday that it is…
Banks EFG Hermes to start factoring services in July: official Yomna Yasser Apr 30, 2018 0 Egyptian investment bank EFG Hermes will start offering factoring services in early July.