AfDB approves $55 mln loan for three solar flagships in Egypt
African Development Bank (AfDB) has approved three senior loans for a total amount of $55 million to finance…
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loans
ADIB-Egypt H1 net profit grows 23.8%
Abu Dhabi Islamic Bank (ADIB) says first-half net profit in Egypt rose 23.8 percent from a year ago to record 211.9…
SAIB-Egypt bank H1 profits fall 24%
Egypt’s Societe Arab Internationale de Banque (SAIB) reported a 24 percent fall in its first half profits between…
Crédit Agricole says H1 net profit grows 49.8% in Egypt
Crédit Agricole SA says first-half net profit in Egypt rose 49.8 percent from a year ago to record 941.04 million…
NBK Egypt profits jump by 80% in H1-2017
National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, announced Thursday a 80…
National Bank of Kuwait H1 profits rise 78.4% in Egypt
The National Bank of Kuwait (NBK), the Gulf state’s largest commercial lender, reported Sunday a 78.4 percent rise…
Gold prices edge up ahead of Yellen testimony
Gold prices edged further away from a four-month low on Wednesday, as investors awaited testimony from U.S.…
EBRD studying $300 million loans for Egyptian banks
The European Bank for Reconstruction and Development (EBRD) says it is studying giving some banks in Egypt new…
Raising interest rate could control Egypt’s economic situation: expert
The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate by 2 percent, reaching 17.25…
Credit Agricole not considering leaving Egyptian market
The chairperson and managing director of Credit Agricole Egypt, Francois Edouard Drion, said that the bank aims to…
