Nossier replaces ElBaradei as new executive director of Egyptian Banking Institute
The board of directors of the Egyptian Banking Institute (EBI) has appointed Abdel Aziz Nossier as the new executive director of the institute, replacing Dr. Mona ElBaradei. Nossier has a…
HDB raises number of branches to 73
El-Sebai opens the second branch of the bank in Daqahleya governorate to serve the citizens of Gamasa and the industrial city
IDWBE deposits up by EGP 3.01bn, loans by EGP 2.3bn in H1 2017
Net profit of EGP 145m by end of June 2017 against EGP 86m in 2016, says Fahmy
Volume of NBE’s financial position reached EGP 1.3tn by end of FY 2016/2017: bank’s vice chairperson
Bank’s net profits EGP 12.5bn by end of June 2017: Abu El-Fotouh
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on 16 July, most investors should be watching the following factors in the week ahead, with some companies discussing dividends, while others will hold…
Banks and real estate stocks “top pick” in wake of interest rate increase: analysts
Investors are more likely to pump more cash in these stocks to maximise profits
Egypt stocks likely to extend gains with second tranche of IMF loan, foreigners’ purchases
EGX 30 rises 3.5%, or 452 pts, in a week to an all-time high level of 13,822.59
Home appliance companies start local manufacturing
LG launches washing machine production line, Samsung negotiates with local partner to start manufacturing
Egypt’s FDIs rise by 12%, reaching $6.6bn in first 9 months of FY 2016/17
Egypt attracted $5.9bn in foreign direct investments in the first nine months of FY 2015/16
