Egyptian Soda Ash secures $490m for New Alamein plant
Egypt signed a $490 million framework agreement to finance a soda ash production plant in New Alamein, a project…
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National bank of Kuwait
NBK Egypt bank signs deal with Gama for New Capital branch
The National Bank of Kuwait – Egypt (NBK Egypt) has signed a deal with Gama Construction for a new branch in…
NBK expects Egypt’s economy to improve on global economy recovery, vaccine…
The National Bank of Kuwait (NBK) expected Egypt’s economy to improve further in the coming quarter upon hopes of…
NBK Egypt reports 33% lower profit in 2020, approves capital raise to EGP10 bln
The National Bank of Kuwait – Egypt (NBK Egypt) achieved net profits of 1.44 billion Egyptian pounds ($92 million)…
Cairo court acquits Mubarak’s sons of stock market manipulation
Cairo Criminal Court has on Saturday acquitted two sons of former Egyptian President Hosni Mubarak, Alaa and Gamal…
Kuwait’s National Bank receives approval to launch smart wallet in Egypt
National Bank of Kuwait–Egypt (NBK), the Gulf Arab state's largest commercial lender, has received the central…
National Bank of Kuwait seeks to increase market share in Egypt
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, is looking to increase its market share…
NBK-Egypt sees 20% growth in loans by 2018
National Bank of Kuwait, the country’s largest lender, expects 20 percent growth in loans in Egypt in 2018 because…
National Bank of Kuwait-Egypt 9-month profits rise 75.5%
The National Bank of Kuwait-Egypt made 1.160 billion Egyptian pounds ($65.8 million) in profits in the first nine…
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…
Sumed, NBK sign deal to boost oil products in Egypt’s Ain Shokna
Sumed company and the National Bank of Kuwait (NBK) signed an a agreement to provide $300 million to finance…
National Bank of Kuwait Q4 net profit rises 45.7% in Egypt
National Bank of Kuwait (NBK), the Gulf Arab state’s largest commercial lender, posted a 45.7 percent rise in…
Egyptian Life Takaful-GIG, NBK Egypt bank sign bancassurance tie-up
Egyptian Life Takaful Company – GIG has signed Thursday a bancassurance agreement with National Bank of Kuwait –…
Egyptian Life Takaful-GIG to activate bancassurance deal with NBK soon
Egyptian Life Takaful Company – GIG is entering into bancassurance partnership with the National Bank of Kuwait –…
NBK says H1 net profit rose to $71.2 mln in Egypt
National Bank of Kuwait (NBK) says net profit in Egypt rose to 407.436 million Egyptian pounds ($45.8 million) in…
EBRD endorses €300 million to support Egypt SMEs
The European Bank for Reconstruction and Development (EBRD) has endorsed this year €300 million (US$340.5 million)…
7 banks, Dubai developer Majid Al Futtaim sign $281.6mn syndicated loan
A consortium of banks including seven banks inked a 2.5 billion Egyptian pounds ($281.6 million) syndicated loan…
UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based…
NBK-Egypt registers 62.9% YoY rise in profits
The National Bank of Kuwait-Egypt (NBK-Egypt) reported net profits of 445.6 million Egyptian pounds for the first…
Egypt’s Foodmaker Edita inks $12 million Contracts with US Hostess
Egyptian foodmaker, Edita has signed two contracts worth US$12 million with US-based Hostess Brands, LLC. The two…
NBK reports 10% y-o-y Growth Net Profit in 2014
The National Bank of Kuwait (NBK), the largest Kuwaiti bank, reported net profits of USD 894.2 million (KD 261.8…
Egypt Court Hears Today Freezing Assets Decree Over Stock Manipulation Case
Cairo Criminal Court will start its hearing session on Wednesday for the Egyptian Prosecutor General’s decree on…
Local, Arab Sellers’ Concerns Drag EGX 30 Below 5210 Pts; Opening
The Egyptian Exchange has opened Wednesday’s session incurring losses of EGP 993 million. The early losses were…
NBK Reports Net Profits Of $814.4m In First 9 Months
National Bank of Kuwait ( NBK ), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
National Bank Of Kuwait 7th Safest Bank In The World: CNN
National Bank of Kuwait (NBK) was listed the seventh among the ten safest banks worldwide, according to a report…
Kuwait’s Real Estate Sales Continue To Gain Ground
Kuwait's property sales jumped 18 percent in June compared with May led by the residential property sector, the…
UAE Non-Oil Growth Subdued At 3-4%
Non-oil growth in the UAE is likely to continue at a below-trend pace of 3-4 percent for the next couple of years,…
Gulf Banks Not To Finance Egyptian Steel Company On Qatari Partnership
Some of the Gulf banks retreated from contributing to the sharia-compliant syndicated loan amounting to EGP 1.07…
NBK Capital Defines OCI Fair Value At EGP 292.5, Recommends ‘Accumulate’
NBK Capital issued a report on Orascom Construction Industries (OCI) (OCIC.CA), defining the stock’s 12-month fair…
National Bank Of Kuwait Reports Net Profits Of $431.M In The First Half Of 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
Kuwait Inflation Falls Further To 2.8% In May
Inflation in the Consumer Price Index (CPI) slowed to 2.8 percent year-on-year (y/y) in May, a further drop from…
VISA Presents Banker Middle East Industry Awards
VISA, one of the world's leading payment solution providers, presented the Best Bank Awards at the 13th annual…
Fitch Affirms NBK’s Rating At AA-; Outlook Stable
Fitch Ratings, the international credit rating agency, affirmed the National Bank of Kuwait’s (NBK) Long-term…
Kuwait’s NBK Is Confident About The Egyptian Market
The National Bank of Kuwait (NBK) believes Egypt would remain a strategic market for its activities and optimistic…
EGX30 Falls 5.7% In week Amid Controversial Election Results
Egyptian Exchange benchmark EGX 30 index dipped by 5.73 % this week, representing a retreat of 285.3 points, ending…
EFG-Hermes Defends Chief Executives Against Graft Charges
Egyptian investment bank EFG-Hermes Holding (HRHO.CA) on Thursday said it would defend its two chief executives…
Kuwaiti Listed Companies Convene First Meeting Of Middle East Investor Relations Society…
The Middle East Investor Relations Society's (ME-IR Society) Kuwait Chapter has successfully held its first…
Kuwait Bourse To Launch New Trading System Sunday
Kuwait Stock Exchange (KSE) is to launch next week a new trading system and a new index for the most capitalised…
NBK Posts $292 Mln Net Profit For Q1 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
National Bank of Kuwait Increases Shares In Boubyan Bank
National Bank of Kuwait (NBK) said Tuesday that it acquired the approval of the Central Bank of Kuwait (CBK) on the…