Featured ECB prepares banks for a changing risk landscape Aya El Sayed Mar 21, 2024 0 Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Money Citibank tops 70% of Egypt custodian service market share Amwal Al Ghad English Nov 17, 2019 0 Citibank has grabbed between 60 percent and 70 percent of Egypt’s custodian service market share, said country…
Money National Bank of Kuwait seeks to increase market share in Egypt Amwal Al Ghad English Apr 21, 2019 0 National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, is looking to increase its market share…
Financial Institutions GB Lease signs 6 contracts of EGP 594 mln in October mohamed Hamdy Dec 9, 2018 0 Egypt’s GB Lease Company signed on Sunday six leasing contracts worth 594 million Egyptian pounds ($33.1 million)…
Tech news Huawei says it will hit $100 billion in 2018 revenues Amwal Al Ghad English Dec 1, 2018 0 Huawei's revenues will in 2018 surpass $100 billion for the first time, a top boss at the Chinese tech giant said…
Featured Egypt’s ready-made garment exports rise 10% in seven months Amwal Al Ghad English Sep 25, 2018 0 Egypt’s exports of ready-made garments increased by ten percent during the first seven months of 2018 to hit $907…
Tech news Lack of new launches leaves Ford playing catchup with GM Yomna Yasser May 25, 2017 0 James Hackett spent the last year plotting Ford Motor Company's long-term self-driving car strategy. In his first…
Banks France’s Crédit Agricole targets higher Egypt market share Yomna Yasser May 17, 2017 0 French lender Crédit Agricole is planning to boost its market share in Egypt by expanding in small and medium-sized…
Tech news Samsung Egypt dominates TV market by 37% Ghada Ismail Oct 5, 2016 0 Samsung Egypt is currently dominating the TV market, which sold 500,000 sets in 2015, with the highest sales of…
Banks Emirates NBD hopes to become among Egypt’s top five private banks in 4 yrs Yomna Yasser Sep 25, 2016 0 Emirates NBD says it is seeking to become one of the top five players in the Egyptian private banking sector within…
Financial Institutions Delta Life eyes doubled Egypt life insurance market share in 3yrs Yomna Yasser Jul 26, 2016 0 Delta Life Assurance is planning to double its market share in the Egyptian life insurance industry to become 10…
Financial Institutions Bupa targets boosting Egypt market share Yomna Yasser Jul 25, 2016 0 British private healthcare firm Bupa intends to boost its market share in Egypt in the coming period, managing…
Banks United Bank of Egypt targets 3% market share in 2019 Yomna Yasser Jul 17, 2016 0 Egypt’s state-run United Bank is planning to boost its market share in the country to 3 percent within 2019, its…
Banks Islamic banking garners 8.4% of Egypt market share: official Yomna Yasser Apr 23, 2016 0 The market share of Islamic finances in Egypt climbed 8.4 percent by the end of 2015, said head of the Egyptian…
Industry & Trade Nissan says to raise Egypt market share by 10% Yomna Yasser Mar 16, 2016 0 Japan’s automaker giant, Nissan Motor is planning to raise its market share in Egypt by 10 percent within the…
Tech news HTC grabs 8% smartphone market share in Egypt in 2015 Yomna Yasser Feb 8, 2016 0 Taiwanese smartphone maker HTC Corp has captured a market share in Egypt of 8 percent by the end of 2015 up from 2…
Banks EFG-Hermes’ newly-founded leasing unit seizes 4% of market share in Egypt Yomna Yasser Nov 11, 2015 0 EFG-Hermes, one of the Arab world's leading investment banks, said its leasing arm is capturing 4 percent share of…
Financial Institutions Arab Misr Insurance eyes $61mln-premiums by end FY 2015-16 Noha Gad Jul 8, 2015 0 Arab Misr Insurance Group (GIG) targets boosting the volume of its total premiums to reach EGP 480 (US$…
Industry & Trade Micromax to invest nearly $400 million in Startups this Year Administrator May 9, 2015 0 Micromax plans to invest nearly $400 million this year in at least 20 startups spread across various sectors such…
Banks Barclays Egypt Plans EGP800 million Personal Finances in 2015 Yomna Yasser Dec 30, 2014 0 Barclays Bank Plc is planning to increase its personal finance activities in Egypt throughout 2015. In this…
Tech news Vodafone Egypt Says Frequent Power Cuts Suspend 900 Network Stations Salma Ayman Aug 24, 2014 0 The frequent power cuts has suspended 900 strengthening mobile phone network stations over one day the last…
Tech news Lenovo Aims Becoming 3rd Biggest Smartphone Vendor in Egypt Yomna Yasser Aug 12, 2014 0 Lenovo Group Limited is launching its first smartphone in Egyptian market this month. Therefore, Lenovo is…
Tech news HTC Captures 10% of Smartphones Market in Egypt Salma Ayman Jul 6, 2014 0 The market share of HTC Company in Egypt from the smartphones which provided in the domestic market is 10%. HTC…
Financial Institutions Egyptian Takaful Insurance’s Investments May up EGP280mn by June-End Salma Ayman Jun 9, 2014 0 The total expected investments of Egyptian Takaful Insurance Company (Property) will reach up EGP280 million by the…
Banks Suez Canal Bank Eyes 50% Growth in Assets in 3 Years Yomna Yasser Apr 29, 2014 0 Egypt’s Suez Canal Bank plans to boost its market shares by increasing assets with 50% by the end of 2016, chairman…
Tech news Telecom Egypt’s CEO Says 2 mln Fiber Optic Cables to be Coverage by 2014-End Salma Ayman Mar 13, 2014 0 Eng. Mohamed Al Nawawi, CEO of Telecom Egypt (TE)(ETAL-CA) revealed that the company two million home fiber optic…
Financial Institutions Mis Insurance Eyes Upcoming Expansions in KSA, Syria and Libya Yomna Yasser Dec 29, 2013 0 The leading insurance market in the Middle East Misr Insurance Company (MIC) is planning to carry out a regional…
Financial Institutions MIC Eyes EGP1 bln Inward Reinsurance Premiums at 2015-end Yomna Yasser Dec 21, 2013 0 The leading insurance market in the Middle East Misr Insurance Company (MIC) is targeting inward reinsurance…
Tech news Nokia’s Suri Says Sprint Win Shows U.S. Strategy Working Salma Ayman Nov 16, 2013 0 Nokia Oyj (NOK1V), focusing on wireless equipment after the sale of its mobile-phone business, is aiming to…
Real Estate Hill International Seizes 35% Market Share In Egypt Amwal Al Ghad English Mar 28, 2013 0 Hill International manages the construction of a number of projects in Egypt with investment cost of more than…
Tech news Nokia Extends Camera Phone Deal with Carl Zeiss Administrator May 2, 2012 0 Nokia and lens-maker Carl Zeiss agreed an exclusive deal to make high-end camera phones, and said a new…
Tech news RIM Closes to Choose JPMorgan as Strategy Adviser Administrator Apr 19, 2012 0 Research In Motion Ltd. (RIM) is near a decision to pick a financial adviser, and JPMorgan Chase & Co. is…
Tech news PC Shipments Increase Globally as Demand Rises Administrator Apr 12, 2012 0 Global PC shipments increased in the first quarter of 2012 as demand in Europe, Middle East and Africa was stronger…