Banks Egypt’s c.bank issues new digital banks licensing rules Yassmine Elbehnaihy Jul 13, 2023 0 The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with the banks…
Tech news Etisalat Misr’s investments hit 44 bln Egyptian pounds in 10Yrs Yomna Yasser Apr 5, 2018 0 The total investments of Etisalat Misr, the Egyptian unit of the UAE's Etisalat, has registered over 44…
Real Estate Tatweer Misr to rise its paid up capital to 275 mln pounds this month aya salah Dec 21, 2017 0 Egypt-based property developer Tatweer Misr aims to increase its paid up capital to 275 million Egyptian pounds…
Financial Institutions Mohandes Life Insurance board approves $6.7 mln capital increase Yomna Yasser Aug 20, 2016 0 Egypt-based Mohandes Life Insurance Company’s board of directors has approved proposed increase in paid-up capital…
Financial Institutions EFG Hermes’ leasing arm targets 25% capital rise Yomna Yasser Feb 3, 2016 0 EFG Hermes Leasing, a wholly-owned subsidiary of leading investment bank EFG Hermes Holding, is planning to raise…
Banks Arab African Int’l Leasing ups paid-up capital to $12.5mn Yomna Yasser Nov 10, 2015 0 The Arab African International Leasing (AAIL), affiliate of Arab African International Bank, has raised its paid-up…
Banks Central Bank of Egypt records $3bn in net profits at end-June Yomna Yasser Nov 1, 2015 0 Egypt’s central bank (CBE) said net profit grew 0.2 percent to 23.866 billion Egyptian pounds (US$3 billion) in the…
Banks Al Baraka Bank Egypt to raise paid-up capital to $128mn end 2015 Noha Gad Aug 26, 2015 0 Al Baraka Bank Egypt targets boosting current paid-up capital - estimated at EGP 895 million- to one billion…
Banks Barclays Egypt has EGP3.2 billion Capital Base Yomna Yasser Apr 5, 2015 0 Barclays’ Egyptian arm has a total capital base of 3.2 billion Egyptian pounds (US$419.4 million) approximately,…
Banks Egypt C.Bank Records EGP23.8bn Net Profit at End-July Noha Gad Dec 18, 2014 0 Egypt’s Central Bank (CBE) registered a net profit worth 23.8 billion Egyptian pounds (US$ 3.3 billion) during…