Money Lebanon’s Bank Audi says 2018 Egypt net profit hits $77.2 mln Ahmed Ali May 28, 2019 0 Lebanon-based lender Bank Audi said on Sunday its net profit in Egypt recorded 1.3 billion Egyptian pounds ($77.2…
Money Cairo-based African Export-Import Bank 2018 net profit rises 25% Ahmed Ali Apr 8, 2019 0 The African Export-Import Bank (Afreximbank), a Cairo-based multilateral institution focused on financing and…
Industry & Trade Egypt’s tobacco maker Eastern Co. to invest $1.14bn in FY2020 Amwal Al Ghad English Mar 26, 2019 0 Egypt's state-owned top cigarette maker Eastern Company is planning to pump investments worth 1.14 billion Egyptian…
Money AlexBank achieves net profit exceeding EGP3bln by the end of 2018 Ahmed Ali Mar 5, 2019 0 AlexBank, a member of Italian bank Intesa Sanpaolo, a net profit of 3.025 billion Egyptian pounds by the end of…
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)…
Banks Egypt’s Faisal Islamic Bank business rises 12.5% in Oct. Amwal Al Ghad English Nov 12, 2018 0 Faisal Islamic Bank of Egypt on Sunday reported a 12.5 percent growth in its business volume in October, recording…
Financial Institutions Egypt’s Naeem Holding first-half net profit jump 422.8% Amwal Al Ghad English Aug 15, 2018 0 Egyptian investment bank Naeem Holding reported a near 422.8 percent jump in first-half net profit on Wednesday due…
Banks Al Baraka Bank-Egypt H1 net profit grows 30% Ahmed Ali Aug 15, 2018 0 Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, reported on Tuesday a 30 percent annual…
International News Russia’s Rosneft more than triples second quarter net profit year on year Amwal Al Ghad English Aug 7, 2018 0 Russia's largest oil producer Rosneft said on Tuesday its second-quarter net profit more than tripled to 228…
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…