Egypt’s Misr Iran bank 2016 profits jump to 1 bln pounds on currency float
Egypt’s Misr Iran Development Bank (MIDB) says profits had risen to one billion Egyptian pounds ($55 million)…
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Ismail Hassan
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks’ CEOs will force ten of…
Egypt Didn’t Receive Any Turkish Requests to Return Deposit – CBE Governor
Central Bank of Egypt (CBE) governor Hisham Ramez said on Monday Turkey had not requested to redeem its $1 billion…
Turkey’s US$1 bln Deposit to Stay for 4 Years in Egypt’s Central Bank
Turkey would not be able to redeem its US$ 1 billion worth of deposit, which had been sent to Egypt during Mohamed…
Lowering Egypt’s Credit Rating Not To Impact IMF Talks: Ismail Hassan
Downgrading Egypt’s long-term sovereign credit rating from B- to CCC+ and short-term rating from B to C with stable…
Misr Iran Bank’s Deposit Portfolio Hit EGP 6.4 Bln At End-March 2013
Misr Iran Development Bank’s deposit portfolio reached EGP 6.4 billion at the end of last March, compared to EGP…
Misr Iran Bank Q1 Net Profit Hit EGP 86 Mln
Misr Iran Development Bank’s net profit reached EGP 86 million at the end of Q1 of 2013, compared to EGP 80 million…
Misr Iran’s Net Profit Hit EGP 215.4 Mln At End-2012
Misr Iran Development Bank’s standalone income statement that it achieved net profit of EGP 215.4 million at the…
Egypt’s Foreign Reserves Fell On Paying Debts To Paris Club Member Countries
Egypt’s foreign reserves fell to US$ 13.6 billion last January after paying the half-yearly installment of US$ 700…
Renewing Relations With Iran Not To Affect IMF Loan Deal: Ismail Hassan
One of that International Monetary Fund’s main aim is to assist crisis-hit economies with soft loans, said Ismail…
