Featured ABK-Egypt posts 62% surge in 2018 net profit Amwal Al Ghad English Feb 11, 2019 0 Building on its strong performance since entering the Egyptian market, Al Ahli Bank of Kuwait–Egypt (ABK-Egypt)…
Featured ATM’s transactions amount to EGP 750mn: Fawry CEO Amwal Al Ghad English Dec 3, 2018 0 Number of transactions which are implemented through automated teller machines (ATM) amounted to 750 billion pounds…
Money Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank Amwal Al Ghad English Nov 25, 2018 0 Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Banks Al Baraka Bank Egypt’s NPLs fall to 5.4% in June Ahmed Ali Aug 27, 2018 0 Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality of…
Banks Egypt’s Commercial International Bank first half net profit hit $247 mln mohamed Hamdy Aug 2, 2018 0 Egypt’s Commercial International Bank (CIB) reported on Thursday a net profit of 4.416 billion Egyptian pounds…
Banks Commercial Bank of Qatar beats estimates with Q2 profit Amwal Al Ghad English Jul 19, 2018 0 Commercial Bank of Qatar , the Gulf Arab state's third-largest lender by assets, beat estimates with a five-fold…
Banks Egypt’s Banque Misr full-year customer deposits up 25.8% Ahmed Ali Jul 18, 2018 0 Egypt’s second largest state bank, Banque Misr reported a 25.8 percent rise in its customers’ deposits during the…
Financial Institutions Foreign inflows into Egypt’s debt fall below $19bn: FinMin Amwal Al Ghad English Jul 15, 2018 0 Total foreign holdings of Egypt’s sovereign debt reached below $19 billion now, said Egyptian Finance Minister…
Industry & Trade Saudi Aramco working to raise cheap loans before IPO aya salah Jan 11, 2018 0 Saudi Aramco is working to secure billions of dollars in cheap loans from banks seeking to strengthen their ties…
Industry & Trade ‘Foreign borrowing is still necessary to develop infrastructure,’: Egypt… Yomna Yasser Dec 25, 2017 0 In a heated debate Sunday, Egypt's MPs accused Minister of Investment and International Cooperation Sahar Nasr of…