United Bank of Egypt

The United Bank of Egypt has successfully concluded its public and private share offering, raising 4.57 billion…

The United Bank of Egypt’s private placement has been met with overwhelming success, with the initial tranche…

The Central Bank of Egypt (CBE) announced on Sunday its intention to offer a stake of United Bank’s shares on the…

Kuwait Finance House (KFH) has submitted a non-binding offer to acquire United Bank of Egypt, the Federation of…

Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…

Egypt’s central bank has announced on Wednesday that it had picked Barclays Bank as its international financial…

Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) is in advanced talks to acquire Egypt’s…

Orascom Financial Holding (OFH) could look at acquiring a controlling stake in the state-run United Bank of Egypt,…

Egyptian Takaful Insurance Co. (Property) has reached bancassurance partnership agreement with United Bank of…

United Bank of Egypt’s loan portfolio increased 15 percent to around 13 billion Egyptian pounds ($774.6 million) at…

Egyptian Takaful Property and Liability Insurance (EGTAK) has renewed an insurance coverage agreement with the…

Egyptian Takaful Property and Liability Insurance (EGTAK) has renewed an insurance coverage agreement with the…

The board of United Bank of Egypt has appointed Nevine Kashmiri as the assistant to the managing director of the…

The state-run United Bank of Egypt has signed Wednesday a partnership with the General Authority for Suez Canal…

The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…

Dollar has continued its rise against Egyptian pound during interbank dealings on Monday. Pound was quoted at 17.5…

Kuwait Finance House is interested in bidding for Egyptian central bank’s share in the United Bank, senior banking…

Egypt’s state-run United Bank is studying contributions worth around 1 billion Egyptian pounds ($112.6 million) to…

Egypt’s state-run United Bank is planning to boost its market share in the country to 3 percent within 2019, its…

Egypt’s state-run United Bank seeks to reduce its portfolio of bad loans to 2.5 billion Egyptian pounds ($281.5…

United Bank of Egypt is planning to boost its financing to small and medium businesses to represent 25 percent of…

Egypt's central bank plans to float the United Bank of Egypt, in which it holds a 99 percent stake, in an initial…

The United Bank of Egypt has won an award for performance in the field of direct payment processing. For the third…

The United Bank of Egypt is planning in few coming weeks to introduce two new products to fund projects related to…

The National Bank of Egypt (NBE) and United Bank of Egypt target to inject about EGP 14 million of credit…

The United Bank of Egypt signed the first two sharia-compliant syndicated loan contracts, said Mohamed Ashmawy, the…

The United Bank of Egypt studies contributing to the Islamic syndicated loan amounting to US$ 500 million arranged…

The United Bank of Egypt will not change its ownership structure in the current period, affirmed Mohamed Ashmawy,…

The United Bank of Egypt inaugurated a new Islamic banking branch in Mohandseen, as part of the bank’s strategy to…

The United Bank of Egypt has succeeded in the last period to expand in Islamic banking as 70% of its transactions…