Kuwaiti bank believes COVID-19 impacts on Egypt economy faded away
In a report, the bank said that despite the pandemic, preliminary figures…
Banque du Caire reports EGP 2.52bn net profit in September 2020
‘We will continue to implement expansion plans without interruption as bank successfully…
Egypt’s banking authorities move to protect sector from 2nd COVID-19 wave
Bank extends exemptions for attending banks’ board meetings until 2021 end
Banque Misr, Al Ahly Capital acquire 40% stake in IBAG for money transfer
Mohamed El Etreby, Chairperson of Banque Misr, said that this partnership is…
SASME’s loans to agricultural SMEs reach EGP 945m until September
The funding was given to 11,179 beneficiaries, all of whom are small-…
Strong FX reserves, structural reforms support Egypt against external shocks: CBE
Aboul Naga’s comments came during the opening session of the Payment, FinTech,…
HSBC expects Egypt to build on growth momentum during 2021
Egyptian economy expected to grow by 2.5% in 2021, following 2.4% growth…
Egypt reports $1.22bn exports, $640m imports with Nile Basin countries in 2019
The bulletin reviewed the volume of trade, including exports and imports, with…
Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10…
ABE signs agreement to finance 1.5 million-feddan reclamation project
Farouk emphasized ABE's keenness to cooperate with the Ministry of Agriculture and…