Egyptian Arab Land Bank sees $102mn Settlements with Bankrupts
The Egyptian Arab Land Bank (EALB) eyes reaching settlements with insolvent clients worth EGP800 million (US$102.2…
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portfolio
Arab Misr Insurance’s Investment Portfolio hit $67mln end June
Arab Misr Insurance Group's (GIG) investment portfolio reached 522.7 million Egyptian pounds (US$66.7 million) at…
Valeo Egypt adds 4 New States to its Clients Portfolio
Valeo Egypt, outsourcing and software supporter, has added four new states to its clients portfolio: USA, China,…
NBE to slash Non-performing Debts in Two Years
The National Bank of Egypt, biggest state-run bank, is targeting reducing its portfolio of Non-performing Debts…
Mohandes Insurance Egypt Records EGP60mn Premiums in Q1
Chairman of the Board of Directors of Mohandes Insurance Company Mohamed Ahmed Lotfy said his company succeeded in…
Egyptian Life Takaful Achieves EGP 123 mln Premiums in June-End
Mr. Hesham Abd El-Shakour Managing Director of Egyptian Takaful Company – Life, has revealed that his company…
Industrial Development Bank: EGP70 Mln Profits By June-End
Industrial Development and Workers Bank of Egypt has posted profits of EGP 70 million at the end of June 2013,…
United Bank’s Finance to SMEs Hit EGP200 Mln in May, Chief Says
Mohamed Ashmawy, chairman of United Bank, announced that the bank's finance to the SMEs projects have totaled at…
Egyptian Remittance, Tourism Revenues Stepped Up While Suez’s Shrank: CBE
Latest report of the Central Bank of Egypt (CBE) revealed that tourism came in at US$ 8.1 billion revenues, up from…
Comguard Adds German IT Security Specialist Gateprotect To Its Portfolio
Comguard, a Dubai-based leading value-added distributor for IT security products and solutions, a part of Spectrum…
