IDBE-Egypt expands real estate finance
Chairperson of the Board of Directors of the Industrial Development Bank and Egyptian Workers (IDBE-Egypt) Maged Fahmy, and Mai Abdel Hamid, head of the Mortgage Finance Fund (MFF), signed a…
CIB profits EGP5.7bn in 9 months
Commercial International Bank (CIB) posted a record profit of EGP 2.1bn in the third quarter (Q3) of 2017, up 23% year over year (YOY), according to the bank. Its revenues…
BM SMEs portfolio registers EGP 4.4bn at end of June
Bank launches training programme to raise entrepreneurs’ awareness in Alexandria
CBE grants ABE deposit of EGP 4bn for 10 years
The Egyptian Agricultural Bank's losses fell from EGP 1.084bn at the end of June 2016 to EGP 70m the next year
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on Sunday, November 12, most investors should be watching certain factors in the week ahead, as some companies hold their ordinary general meetings (OGMs)…
Mubasher Trade maintains sell on CIB, sets target price at EGP 76 per share
The research firm believes that the net fees and commissions’ income should improve further in the coming period
Egypt shares almost flat in week as foreign investors book gains
EGX30 index ticks up 0.22%, or 30.8 points, to close at 14,350.14 poin
Bango, Victory Link cooperate to offer mobile payment service in Egypt
Bango, the company specialised in mobile payments, has announced that it will expand its operations in Africa by partnering with Victory Link in Egypt. As a result of this new…
AIC considers establishing security equipment factory with EGP 50m investments
Al Maalim International Company for General Supplying and Control Systems (AIC) has revealed that it is in negotiations with an international company, with the aim of establishing a factory of…
Egypt, Greece set up new mechanism to enhance economic cooperation
€894.5m volume of trade between both countries this year
