NBE Offers Al-Watania Poultry EGP 200 Mln Islamic Finance
The National Bank of Egypt (NBE) has approved to grant Al-Watania Poultry a Murabaha worth EGP 200 million. Sources…
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Islamic finance
Egyptian Jurist Says Sukuk Can Bring Egypt US$ 200 Bln
The Egyptian Jurist Hussein Hamed Hassan affirmed that Egypt is one of the strongest countries in the region in…
Agricultural Credit Bank To Launch Islamic Retail Banking Products In January
The Principal Bank for Development and Agricultural Credit targets to expand in Sharia-compliant retail banking…
Suez Canal Bank’s Islamic Transactions Hit EGP 900 Mln
Suez Canal Bank’s Islamic banking transactions surged by EGP 200 million during the period from the end of…
Al Baraka Bank Egypt Eyes EGP 143 Mln Net Profit In 2013
Al Baraka Bank of Egypt targets to achieve net profit of EGP 143 million in 2013, compared to expected net profit…
PBDAC Postpones Meeting With Bangladeshi Delegation
Sources at the Principal Bank for Development and Agricultural Credit said the current political turmoil delayed…
PBDAC Targets Raising Islamic Deposits To EGP 1.5 Bln In FY 2012/13
The Principal Bank for Development and Agricultural Credit targets to increase the value of Islamic deposits to EGP…
1st Annual Global Finance Conference Highlights Best Finance Tools For MSMEs
1st Annual Global Finance & Investment Conference which was held under the theme of “International Best…
Agricultural Credit’s Islamic Finances To Micro-Enterprises Hit EGP 5 Mln
The Principal Bank for Development and Agricultural Credit’s Islamic finances for micro agricultural projects…
S&P’s: Egyptian Banks 8th Lowest In Risk Exposure
The Egyptian banking sector was ranked the eighth globally in terms of risk exposure, while Swiss and Canadian…