Banks Banque Du Caire among 23 Egyptian state-run firms set to float stakes Yomna Yasser Mar 19, 2018 0 Egypt announced on Sunday the names of 23 state-owned companies it will offer stakes in beginning this year, part…
Banks State-owned Suez Canal Bank’s net profit rises 69.5% in 2017 Yomna Yasser Mar 13, 2018 0 Egypt's state-run Suez Canal Bank reported Monday a 69.5 percent increase in its net profit to reach 356 million…
Banks Four Egyptian banks to issue Sisi’s Safety Certificate next week Yomna Yasser Mar 3, 2018 0 The National Bank of Egypt, Banque Misr, Banque du Caire, and the Agricultural Bank of Egypt will offer the…
Banks Arab Investment Bank mulls injecting $ 1bln into SME projects aya salah Mar 1, 2018 0 State-run Arab Investment Bank seeks to pump one billion ($407 million) Egyptian pounds in favour of small and…
Banks Banque Misr eyes 10 bln pounds by selling stake in Cairo Amman Bank aya salah Mar 1, 2018 0 Banque Misr seeks to raise 10 billion Egyptian pounds ($568 million) through selling stakes in four companies and…
Banks Arab Investment Bank to establish mortgage unit with 100 mln pounds capital aya salah Feb 26, 2018 0 The Arab Investment Bank would establish a new mortgage company with capital between 50 million Egyptian pounds and…
Banks Crédit Agricole Egypt’s net profit hits 1.957bn pounds at end-2017 aya salah Feb 26, 2018 0 Crédit Agricole Egypt’s net profit increased to 1.957 million Egyptian pounds at the end of 2017. The bank also…
Banks NBK Egypt reports net profit worth 1.5 bln pounds in 2017 aya salah Feb 22, 2018 0 National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, announced Thursday a 77…
Banks Ahli United Bank, Egypt Post ink MoU for financial services deal Yomna Yasser Feb 21, 2018 0 Ahli United Bank- Egypt has signed a memorandum of understanding (MoU) with Egypt Post to provide the lender’s…
Industry & Trade Amendments to Egypt Capital Markets Law credit positive for banks: Moody’s Yomna Yasser Feb 21, 2018 0 The amendments passed by Egypt’s parliament last week to the Capital Markets Law are credit positive for banks,…