Al-Ashmawy’s apprehension is ‘big win for Cairo’ but ‘not enough to boost Sinai operations’: experts say

Analysts consider Ashmawy’s fall as “big win" for Egyptian government, urged them to avoid excessive hopes as threats might escalate rather than decrease

Fatma Lotfi

Egyptian banking sector showed remarkable resilience, flexibility before political, economic challenges: UAB

Financial bank indicators operating in Egyptian market confirm existence of financial safety, remarkable performance durability, despite difficult operating conditions

Hossam Mounir

NPLs fall to 4.3% of total loans at end June 2018: CBE

Provisions to combat doubtful debts amounted to EGP 109.294bn in H1

Hossam Mounir

Zulficar & Partners tapped as legal counsel on 4.5% stake sale of Eastern Company

Transaction is scheduled to take place sometime between 21-25 October

Daily News Egypt

Egypt shares edge closer to bear market as sell-off pressures continue

EGX 30 tumbles 6% in a week, marking worst loss in almost a year

Daily News Egypt

Mall of Arabia operates debt-free after paying off EGP2bn loan

Mall’s debt-free status will allow Marakez to continue its expansion plans, develop its current projects

Daily News Egypt

Network International banks integrate Egypt’s Meeza payment scheme

NI partner banks among first acquiring banks in Egypt to integrate national payments scheme

Daily News Egypt

QNB ALAhli accounts for 7.93% of total loans, 5.64% of deposits in Egypt

Bank's LDR amounted to 67%, up from sector's average of 45%

Hossam Mounir