Banks Housing Development Bank loans portfolio hits $979mn in June Noha Gad Aug 28, 2016 0 The net volume of loans portfolio at Housing and Development Bank (HDB) recorded 8.7 billion Egyptian pounds…
Egypt News Egypt’s portfolio of loans and grants hit $22.5 billion: minister Yomna Yasser Aug 17, 2016 0 Egypt was given $22.5 billion worth of loans and grants over the past period, said Minister of International…
Banks NBK says H1 net profit rose to $71.2 mln in Egypt Yomna Yasser Aug 10, 2016 0 National Bank of Kuwait (NBK) says net profit in Egypt rose to 407.436 million Egyptian pounds ($45.8 million) in…
Banks Crédit Agricole says H1 net profit 31.8% up in Egypt Yomna Yasser Jul 31, 2016 0 Crédit Agricole SA said Thursday that net profit in Egypt reported a 31.8 percent y-o-y rise in net profit for the…
Banks United Bank of Egypt studies pumping $112.6 mln into syndicated loans Yomna Yasser Jul 26, 2016 0 Egypt’s state-run United Bank is studying contributions worth around 1 billion Egyptian pounds ($112.6 million) to…
Banks Chinese banks’ current non-performing loans manageable – IMF’s Lipton Noha Gad Jun 14, 2016 0 The current level of non-performing loans at Chinese banks is a manageable problem, but must not be allowed to get…
MENA News Iraq says IMF deal ‘on track’ as cabinet approves reform package Noha Gad Jun 13, 2016 0 Iraq has approved measures requested by the International Monetary Fund to unlock loans that should help the…
International News Greece tells lenders it can’t implement some extra demands Noha Gad May 31, 2016 0 Greece has told its European and International Monetary Fund creditors it cannot implement some of the extra…
International News Greek parliament approves reforms in exchange for aid, debt relief Noha Gad May 23, 2016 0 Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of…
Tech news Google turns down payday lender ads Ghada Ismail May 12, 2016 0 Google, a unit of Alphabet Inc, said it would ban advertisements for payday loans as these "deceptive or harmful…