Tag: banking sector

Egyptian banks register profits despite economic uncertainties

Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in…

Sara Aggour

IHS cuts Egypt’s banking sector rating to “significant risk”

IHS expects the country’s economic growth to remain low over the next…

Nada Badawi

Banks close early ahead of ultimatum

The Central Bank of Egypt orders banks to close early before army’s…

Nada Badawi

High interest rates attract international and Gulf banks

“The fact that there’s a general trend of expansion happening is a…

Nada Badawi