GAFI, HSBC partner to promote Egypt’s opportunities abroad
Egypt’s General Authority for Investment and Free Zones (GAFI) is collaborating with HSBC Egypt to promote the…
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HSBC Egypt
HSBC pledges support for Egypt’s ambitious economic growth plans
HSBC is positioning itself to play a key role in supporting Egypt’s economic initiatives, offering expertise in…
Egypt’s pound nears EGP 27 against dollar in 7 banks
Egypt’s pound currency fell to EGP 26.80 for buying and EGP 26.85 for selling against the U.S. dollar during midday…
HSBC launches Foras Trade Fund to support Egypt SMEs
HSBC has launched on Tuesday a Foras Trade Fund worth 3 billion Egyptian pounds ($191 million) to support small and…
In a market first, HSBC Egypt launches Evolve platform for businesses
HSBC Egypt announced on Monday the launch of HSBC Evolve platform, granting corporate clients access to a fully…
HSBC earmarks funding to a coastal ecosystem restoration project in Egypt
HSBC said on Monday it is committing philanthropic funding to a coastal ecosystem project in Egypt, as part of the…
HSBC voted best cash management bank in Egypt, Middle East
HSBC Egypt has been voted the best cash management bank in Egypt by corporates in the annual Euromoney Cash…
HSBC: Businesses in Egypt now more bullish about growth
Businesses in Egypt are more optimistic about their future than they were last year and their expectations for…
HSBC says H1 pre-tax profit falls 40% in Egypt
HSBC Plc says first-half profit before tax in Egypt has dropped 40 percent from a year ago to record $143 million.…
HSBC says 2016 pre-tax profit rises 10.7% in Egypt
HSBC plc says profit before tax in Egypt has surged 10.7 percent to record $454 million equivalent to 7.2 billion…
Etisalat Misr signs with 10 banks 4G loan deal
Etisalat Misr, the Egyptian unit of UAE telecommunications operator has signed Thursday a syndicated loan agreement…
HSBC says H1 pre-tax net profit hit $235 mln in Egypt
HSBC plc says net profit before tax in Egypt reached $235 million in the first half of the 2016. The bank in Egypt…
HSBC Egypt plans capital increase in few days
HSBC Holdings PLC has approved to give a support for its Egyptian unit’s capital through retained earnings, CEO and…
Corporate lending takes off in Egypt as cash-rich banks flex muscles
Egypt’s cash-rich banks proved themselves resilient through the years of upheaval that followed the 2011 revolution…
HSBC Egypt’s Credit Portfolio hits $3bln end Q1 – Official
HSBC Egypt's credit portfolio has recorded EGP 21.7 billion (US$ 2.8 billion) at the end of first quarter, Amr EL…
Mona El Sayed resigns from HSBC Egypt – Sources
Mona El Sayed has stepped down as head of commercial banking for HSBC Bank Egypt, sources from the bank with…
Egypt Non-oil Private Sector shrinks for Third month in March; Survey
Egypt's non-oil private sector shrunk in March for the third month in a row, though at a slower pace than last…
HSBC Posts EGP745mn Standalone Profits for H1 in Egypt
HSBC Egypt published its first half results on Sunday, showing 744.794 million Egyptian pounds (US$104.15 million)…
HSBC Egypt Attains 70% Growth in Net Profit in Q1
HSBC Egypt published its first quarter results on Tuesday showing a surge in net profit by 70.5% year-on-year to…
Mobinil Signs EGP2.36 billion Syndicated Loan with 8 Banks
The Egyptian Company for Mobile Services – Mobinil (EMOB.CA) announced on Thursday it signed a syndicated loan…
Egypt Business Activity Shrinks for 13th Month in Row, HSBC Says
Egyptian business activity shrank for the 13th month in a row in October but at a much slower rate, suggesting the…
HSBC Says Q1 Profits Jump To $8.4 Bln As Bad Debts Drop
HSBC said its first quarter profits almost doubled from a year ago to more than $8 billion as bad debts and costs…
HSBC Launches Two New Branches In Rehab City, El-Tagamu El-Khames
HSBC Bank Egypt announced today that it launched two new branches in Rehab City and El-Tagamu El-Khames (fifth…
Egypt One Of 20 Most Important Markets For HSBC
The Egyptian market is still one of the most important 20 markets for HSBC, despite the turbulent economic…
HSBC Egypt 9-Month Net Profit (Non-Consolidated) Hits EGP 1.065 Bln
HSBC Bank Egypt achieved net profit of EGP 1.065 billion at the end of last September, compared to EGP 867.6…
Egypt’s Trade Eligible To Grow: HSBC Egypt CEO
Andrew Long, CEO of HSBC Bank Egypt, expected Egypt’s trade to greatly improve in the upcoming period, thanks to…
Francesca McDonagh: HSBC Won’t Exit Egyptian Market
Francesca McDonagh, HSBC’s Regional Head of Retail Banking and Wealth Management for the Middle East and North…
HSBC Egypt Partners With Cairo Government To Develop Slums
HSBC Egypt is executing four stages of developing slums in Cairo in accordance with the cooperation protocol signed…
HSBC: Egypt Amid 20 Largest Economies By 2025
Andrew Long, head of HSBC's operations in Egypt, talked about the strength of HSBC in the 80 countries where the…