State has to work to increase foreign exchange resources: IDWBE chairperson
Exchange rate is set by supply and demand, increasing volatility of balance curbs, says Fahmy
Metropolitan to raise funds worth EGP 40m for TechnoScan and MetaMed
Metropolitan Egypt contracted with TechnoScan and MetaMed to secure financing of EGP 20m for each company, according to Khaled Nagaty, the CEO of the company. Metropolitan Egypt was founded in…
Suez Cement Company to raise Helwan Cement productivity
Inflationary effects of flotation are severe but necessary to complete the economic reform, says Mohanna
Flotation raises the development cost of 665 feddans in New Heliopolis by 20%
Hany Al-Deeb, CEO of the Heliopolis Company for Housing and Development told Daily News Egypt that the cost of developing 665 feddans (690.2 acres) in New Heliopolis increased by 20%…
Postponement of El-Farasha’s offering to 2018
EGP 1bn expected sales by the end of 2017 with 82% growth
MFIC plans to establish EGP 500m real-estate fund
Targeted profits of Misr Investment and Financing Fund at EGP 45%
NBE increased its capital by EGP 26.4bn since June 2008: chairperson
We continue to strengthen the financial position of the bank and increase its capital, says Okasha
Banks resilient in face of challenges Egypt witnesses: UAB
Egyptian banks are still operating well and achieved growth in most areas
20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone
Foreign currency loans account for 25% of loans, while deposits in foreign currency represent 18% of sheer deposits
Increase of EGP 63.8bn in loans, EGP 51bn in deposits at Banque Misr
Bank achieved the highest profits in its history, a total of EGP 10.2bn, pays EGP 4.7bn in taxes