Egypt’s CIB posts higher net income, revenues in Q2
Commercial International Bank (CIB) , Egypt's largest listed company, on Wednesday reported a 28 percent rise in…
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Deutsche Bank says Q2 net income plunges nearly 100% year-on-year
Deutsche Bank, the German bank which is an important part of the global financial system, announced revenue and…
Egypt’s Hassan Allam establishes two $180 mn above-middle income housing projects
Egypt-based Nasr General Contracting Co. - Hassan Allam is currently implementing above-middle income housing…
Faisal Islamic Bank receives five low-income housing mortgage requests
Faisal Islamic Bank of Egypt has received the first five applications Thursday related to the central bank's…
CBE amends the mortgage finance initiative keeping in mind low-income earners
Central Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to finance…
Shell vows more cuts as annual profit sinks on weak oil prices
Royal Dutch Shell (RDSa.L), Europe's largest oil company, reported its lowest annual income in at least 13 years on…
NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units
The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
Oxfam Income rises to £401.4m despite fall in Shop Earnings
Oxfam's annual income has risen to £401.4m, up £12m, despite the charity seeing a fall in money from its shops. The…
Egyptian government benefits from biting housing crisis -Expert
The Egyptian government, being the country’s largest landowner, is benefitting from the housing crisis,…
Income And Capital Gains Tax Revenues Register LE7.8 M In July, August
The budget revenues have increased in July and August by 0.7% to register LE 34.4 billion, the Ministry of…