Egypt’s Faisal Islamic Bank profit drops to $87mln in 2014
Faisal Islamic Bank of Egypt (FAIT) reported its consolidated results for the fiscal year 2014. The lender reported…
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Faisal Islamic Bank of Egypt
NBE Plans Exiting from Egyptian Life Takaful and ARCOSTEEL
Egypt's largest lender the National Bank of Egypt (NBE) will be selling some of its non-core subsidiaries and…
Faisal Islamic Bank – Egypt: Net Profit Falls 5.2% in 6 Months
Faisal Islamic Bank of Egypt registered a fall of 5.2% (around EGP 19.3 million) in its first half net profit. The…
Egypt Eyes EGP1bn Finance from 6 banks for Walidia Power Station
Egypt's Ministry of Electricity has hold talks with six banks operating in local market, over arranging an EGP 1…
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…
Faisal Islamic Bank’s Net Profit Falls to EGP172.3 million in Q1
Faisal Islamic Bank of Egypt reported on Wednesday its first quarter results, showing a decline in net profit by…
Faisal Islamic Bank Takes Part in CBE’s Mortgage Funding Initiative
Faisal Islamic Bank of Egypt decided to take part in the Central Bank of Egypt’s mortgage finance initiative.…
Faisal Islamic Bank Opens New Subsidiary in Shoubra Misr this Month
Faisal Islamic Bank of Egypt is targeting to inaugurate new subsidiary in Shoubra Misr within the current month,…
Faisal Islamic Bank: GCC Helped Regulate Egypt’s Exchange Market
Gulf aid packages to Egypt have contributed to secure fuel, regulate its foreign exchange market, and enhance…
SAIB Says to Inject EGP1.54 bln in SMEs within 2014
Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in the SMEs…
