forex news Dollar loses steam ahead of holidays, US indicators Yomna Yasser Dec 22, 2016 0 The dollar slipped from its 14-year-high against a basket of currencies on Thursday as investors took profits ahead…
Banks Egypt’s United Bank: bad loans edge higher on currency float move Yomna Yasser Dec 12, 2016 0 The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…
Banks Bank Audi targets more than 20% growth in Egypt within 2017 Yomna Yasser Nov 28, 2016 0 Egypt’s eighth largest commercial bank, Bank Audi S.A.E., is targeting growth rates of more than 20 percent within…
Banks Banque Misr finances 419,000 clients working in micro-enterprises, SMEs Noha Gad Nov 20, 2016 0 Banque Misr granted a number of loans worth 3.8 billion Egyptian pounds for 419,000 clients who are working in…
Industry & Trade Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans nada nasser Oct 5, 2016 0 Egyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank totalling…
Banks Barclays H1 profit climbs 32% in Egypt Yomna Yasser Aug 30, 2016 0 Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the year, the Egyptian arm…
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…