Lebanon’s Bank Audi to open 9 branches in Egypt this year
Lebanon-based lender Bank Audi plans to inaugurate nine new branches in Egypt within 2019, according to a statement…
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Banks finance SMEs with 110 bln Egyptian pounds
Banks have directed 110 billion pounds to finance small and medium enterprises (SMEs) since the start of the…
Speed Medical lining up to build new labs in Egypt
Egypt-based Speed Medical Examination Services is looking to set up new laboratories in the Canal and Delta…
Egyptian Industrial Development Bank’s H1 profits rise 11.33%
Industrial Development and Workers Bank of Egypt on Wednesday posted an 11.33 percent increase in its first half…
Bahrain’s Al Baraka Banking provides $500 mln to fund trade in Egypt
Bahraini Islamic lender Al Baraka Group has pumped $500 million in loan facilities into the Egyptian market…
Egypt’s Industrial Development Bank seeks to double its profits in 2018
State-run Industrial Development and Workers Bank of Egypt (IDWBE) aims to double its profits to 1 billion Egyptian…
Housing and Development Bank posts 644 mln pounds net profit by end-2016
Egypt's state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian…
Nile Complexes to open new branches worth 750K Egyptian pounds
Nile Consumer Complexes Company - an affiliate of Egypt's Holding Company for Food Industries- is set to inaugurate…
United Bank increases number of branches in Egypt to 51
United Bank-Egypt increased the number of its branches to 51, after last week’s inauguration of its latest branch…
Banque Misr says to add 195 more branches in 2-3 years
Egypt’s second biggest state lender, Banque Misr is planning to inaugurate 195 more branches within two and three…
National Bank of Egypt plans new 50 branches this FY2016/17
Egypt’s biggest public lender, National Bank of Egypt (NBE) is planning to inaugurate 50 new branches within the…
LG Electronics mulls capital hike to help China, Egypt operations
LG Electronics is considering a capital increase to help out its financially-struggling overseas branches,…
U.S. banks want to cut branches, but customers keep coming
Despite banks' nudging toward online tools, many U.S. customers are not ready to give up regular visits to their…
Egypt’s Fast food chain Cook Door to open 75 branches in Saudi Arabia
Egyptian fast food chain Cook Door is set to establish around 75 new branches in the Saudi Capital Riyadh within…
22 Egyptian construction firms operate in Africa: official
The number of Egyptian construction firms operating in African countries is totalling 22 in addition to the…
Egypt’s Housing and Development Bank to open 9 branches
Egyptian-based Housing and Development Bank (HDBK) board of directors approved opening of nine new branches in…
Egypt’s Housing and Development Bank to open 9 branches
Egyptian-based Housing and Development Bank (HDBK) board of directors approved opening of nine new branches in…
ADIB-Egypt expands branches network by inaugurating 8 new branches
Abu Dhabi Islamic Bank (ABID) decided to redistribute its 70 branches in Egypt. The decision comes as the bank…
GIG Insurance boosts capital to $22mn, plans more branches
Egypt's Arab Misr Insurance Group (GIG) has injected 15 million Egyptian pounds into its capital to reach 175…
Bank Audi to open 25 branches in Egypt in 3 years
Bank Audi SAE, Egypt’s eighth largest commercial bank and the Egyptian arm of Lebanon’s Bank Audi, is planning to…
NBE to add 10 new ITMs, open 40 branches by late FY2015-16
National Bank of Egypt (NBE) eyes adding new 10 interactive teller machines (ITM) within the upcoming period, Alaa…
CIB to open 25 new branches in 2016
Egyptian Commercial International Bank (CIB) targets inaugurating 25 new branches; including five mini branches,…
Egyptian property Reiada mulls opening branch in Saudi Arabia
Egypt-based Reiada Real Estate Company is seeking to create a presence in some Arab Gulf markets within the current…
France’s Carrefour targets 65 new branches in Egypt within 5 years
The French multinational retailer Carrefour is planning to open 65 new branches across Egypt in the coming five…
Blom Bank Egypt eyes opening 6 new branches by Q1 2016
Blom Bank Egypt targets opening six new branches till the first quarter of 2016 to join its current 37…
Etisalat Egypt Expands Official Branches Across Egypt
Etisalat Egypt has raised its official number of branches and sales points to 1,100 across Egypt. As a result, it…
Wethaq Takaful Insurance: Q1 Premiums Hit EGP25 million
Egypt’s Wethaq Takaful Insurance registered 15% growth in premiums during first quarter of current fiscal year,…
EGB, Misr Insurance to Launch Banking Insurance Service in Q1 2014
Egyptian Gulf Bank (EGB) aims at providing a new service; the banking insurance product for Misr Insurance Co.…