Egypt News Egypt’s paid up capital up in FY’24 – CAPMAS Nada Ali Jul 13, 2025 0 Egypt’s paid-up capital for economic authorities increased by 9.1 per cent to 375.1 billion Egyptian pounds in the…
Featured Egypt’s FRA requires insurers to invest 5% in equity funds Aya Anwar Feb 10, 2025 0 Egyptian Financial Regulatory Authority (FRA) has mandated insurance and reinsurance companies to allocate a…
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…
Financial Institutions Suez Canal Insurance Eyes Paid-up Capital to EGP150mn in 3 Years Yomna Yasser Aug 14, 2014 0 Egypt's Suez Canal Insurance Company plans to boost its paid-up capital by 41 million Egyptian pounds in the coming…
Tech news US$2.1bn Investments of UAE in Egypt’s ICT Sector Salma Ayman Jul 14, 2014 0 The investments of UAE in Egypt's ICT sector reached around US$2.08 billion till the end of last May, as it…
Banks QNB AlAhli Shareholders Ok authorized capital hike to EGP10 bln Yomna Yasser Feb 27, 2014 0 The ordinary general meeting of Qatar National Bank AlAhli or QNB AlAhli (previously known as NSGB), approved…
Financial Institutions Iskan Insurance Plans Capital Hike to EGP150 mln in FY2014/15 Yomna Yasser Nov 27, 2013 0 Iskan Insurance Company is planning within the coming fiscal year 2014/2015 to further increase its issued capital…
Financial Institutions MetLife Alico Eyes Capital Increase to EGP70 mln in 2014 Yomna Yasser Nov 26, 2013 0 MetLife Alico (The Pharaonic American Life Insurance Company - Alico) is planning to pump EGP 10 million next…
Financial Institutions Royal Insurance Eyes Capital Increase to EGP80 mln at FY15-end Yomna Yasser Nov 24, 2013 0 The Egyptian joint stock company Royal Insurance is planning to increase its paid-up capital by EGP 20 million to…
Financial Institutions Africa Re Plans to Open 2 New Regional Offices in Ghana, Sudan Yomna Yasser Sep 26, 2013 0 The African Reinsurance Corporation (Africa Re) plans to inaugurate two new regional offices in Africa within the…