Egyptian Gulf Bank 9-month profits jump 21%
Egyptian Gulf Bank (EGB) reported Wednesday a 21 percent increase in its nine-month profits to reach 373.3 million…
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EGB
Egyptian Gulf Bank 9-month profits jump to 373.3 million pounds
Egyptian Gulf Bank (EGB) reported an increase in its nine-month profits to reach 373.3 million Egyptian pounds…
EGB Egypt signs $20 mln loan agreement to finance SMEs
Cairo-based Egyptian Gulf Bank has signed a loan agreement with the European Investment Bank (EIB) to receive a $20…
Misr Life renews medical insurance cover for Egyptian Gulf Bank’s employees
Egypt’s Misr Life Insurance has renewed a medical insurance cover designated for the Egyptian Gulf Bank’s (EGB)…
EGB eyes 1 bln pounds in Egypt household gas connection finances by 2020
Cairo-based Egyptian Gulf Bank is seeking to raise its financing for household gas connection projects to one…
Egyptian former investment minister launches Aur Capital
Ashraf Salman, Egypt’s former minister of investment, announced plans to launch Aur Capital Investment Company,…
As post-free float trading begins, get to know dollar prices in 16 Egypt banks
Egyptian banks start trading currency on Sunday without central bank restrictions for the first time after policy…
Three banks brace for multimillion pound loan for Cairo Business Park project
An alliance of three major lenders in Egypt is set to lend property developer Misr Italia multimillion of Egyptian…
Four banks mull $78.8 mln financing for Egyptian property project
Four Egyptian banks are considering a multi-million Egyptian pounds finance in favour of a property project in one…
Two banking consortia to offer Egypt’s Medinet Nasr $168.8 mln loan in days
Egyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Misr Insurance eyes watchdog’s approval to launch $6.4mn leasing arm
Egypt’s state-run Misr Insurance Holding Company (MIHC) is in official talks with the market regulator to launch a…
Misr Insurance eyes watchdog’s approval to launch $6.4mn leasing arm
Egypt’s state-run Misr Insurance Holding Company (MIHC) is in official talks with the market regulator to launch a…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
Egyptian Gulf Bank Eyes Expanding in Home Gas Delivery Loans
Egyptian Gulf Bank (EGB) plans to expand in granting loans to deliver natural gas to homes across Egypt. According…
EGB Eyes Boosting AUM through its Investment Arm to EGP500mn
Egyptian Gulf Bank (EGB) has transferred its investment assets to Egyptian Gulf Holding for Financial Investments…
Egyptian Gulf Bank’s Loans for Tanmeyah Micro Enterprise are EGP1.7bn
Head of Retail Banking Sector and Senior General Manager at Egyptian Gulf Bank (EGB) Sherif Farouk revealed that…
Egyptian Gulf Bank Eyes EGP1bn New Deposits by 2015
Egyptian Gulf Bank (EGB) is aiming to allure EGP1 billion new deposits by 2015. Head of Retail Banking Sector and…
Egyptian Gulf Bank’s Retail Loans Surge to EGP750mn this Period
Head of Retail Banking Sector and Senior General Manager at Egyptian Gulf Bank (EGB) Sherif Farouk revealed that…
Tanmeyah Microfinance Egypt Pumps EGP430mn New Finance in 9 Months
Egypt's Tanmeyah Micro Enterprise Services Amr Abouesh revealed that his company has pumped EGP430million finance…
Egyptian Gulf Bank Considers Pumping EGP120mn in NPSS’s Loan
Egyptian Gulf Bank (EGB) is considering contributing in National Port Said Steel Company (NPSS) loan with stake…
Misr Life Insurance to Promote its Products via HDB by October
Misr Life Insurance Company is planning promoting its products through Housing and Development Bank (HDB) in…
EGB’s Personal Loans Portfolio Attain EGP471mn at June
The total value of Egyptian Gulf Bank's (EGB) personal loans reached around EGP471.2 million in compared to…
Tanmeyah Microfinance Egypt Gets EGP420 Loan from EGB
Tanmeyah Micro Enterprise Services has obtained EGP420 million total funds from Egyptian Gulf Bank (EGB) and it is…
11 Egyptian Banks ink Protocol for Affordable Housing Initiative
Egypt's Mortgage Finance Fund signed today protocols of cooperation with 11 local banks to support low-income…
Egyptian Gulf Bank Says May Contribute to Mobinil’s EGP1 billion Loan
The Egyptian Gulf Bank (EGB) is considering a contribution of EGP 120 million to Egypt's Mobinil Company's loan.…
Egyptian Gulf Bank Eyes Assets Rise to EGP15 billion at end-2016
The Egyptian Gulf Bank (EGB) is targeting an increase in total assets to EGP 15 billion (US$2.1 billion) by the end…
Exclusive – Who’s Who to Adopt Bancassurance Services in Egypt
Amwal Al Ghad publishes the list of companies and banks that are granted the Egyptian regulatory approvals to apply…
Egyptian Gulf Bank Attains EGP3.9bln Loans Portfolio in April-End
The total loans portfolio Of Egyptian Gulf Bank (EGB) reached up EGP3.9billion at April end according to Sherif…
EGB: Retail Banking Loan Portfolio Hits EGP580mn at April-End
The loan portfolio of Egyptian Gulf Bank(EGB)'s retail banking registered around EGP580million at the end of April…
Egyptian Gulf Bank Eyes Boosting Auto Loans to EGP100m by 2014-End
The total auto loans of the Egyptian Gulf Bank (EGB) reached around EGP60 million. Mr. Sherif Farouk, The general…
Egyptian Gulf Bank Approves Cash Dividends, Capital Hike to $233.5 mln
Egyptian Gulf Bank (EGB) Ordinary general assembly meeting (OGM) approved in its meeting on Tuesday a cash dividend…
EGB Gets Egypt Bourse’s Approval Going on Capital Raise
The securities listing committee of the Egyptian Exchange (EGX) approved on Thursday the Egyptian Gulf Bank (EGB)’s…
Egyptian Gulf Bank Eyes Increasing Deposits to EGP1bn in 2014
The Egyptian Gulf Bank (EGB) is planning to allure deposits amounting to EGP one billion within 2014, a banking…
Egyptian Gulf Bank Targets Retail Lending Increase by EGP200mn in 2014
The Egyptian Gulf Bank (EGB) is targeting the increase of retail loan portfolio by EGP 200 million within the…