Banks in Egypt issue 2 million credit cards during H1 2017: CBE
The number of debit cards jumped to 17,562 million cards in June 2017, an increase of 5 million from December 2016
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top 10 earn EGP 38.072bn
Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE
The return on average assets of banks operating in the Egyptian market reaches 2% in H1 2017, the return on average equity is 30.9%
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on Sunday 1 October, most investors should be watching the following factors in the week ahead, with some companies holding their ordinary general meeting…
Pharos Research upgrades ADIB Egypt FV to EGP 24
Pharos Research has upgraded its fair value (FV) of Abu Dhabi Islamic Bank-Egypt (ADIB) to EGP 24, with an "overweight" recommendation, according to a recent report. The FV upgrade came…
Egypt shares extend gains; record best weekly rally in September
Local investors boost the market as they embark on building new positions
Renovation completed for last Minya church ravaged in 2013 attacks
A church in Minya was re-opened on Saturday after being renovated. The church in the village of Beni Mazar was among others ravaged in sectarian violence that erupted following the…
Amer, Al-Assar, chairpersons of state-owned banks in talks about supporting Egyptian industries
Pushing local development, manufacturing top public banks' priorities, says Amer
Egyptian population reaches 94.7 million: CAPMAS
The method of the census was prepared in four years, as it was the first to be implemented with electronic means, says El-Gendy head of CAPMAS
NTRA attributes raising prices on mobile operator demands, companies deny
Telecom operators' proposal would have eliminated small prepaid cards, such as the EGP 5 one, says Azzooz
