Al Baraka Bank-Egypt announced on Monday that it has witnessed an increase in its net earnings by …
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World Bank keeps Egypt’s real GDP growth at 5.5% in 2021/2022
The World Bank (WB) decided to maintain Egypt’s real GDP growth at 5.5 percent for the financial …
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The National Bank of Egypt, CIB, and the Arab African International Bank, Housing And Development Bank are …
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The public share offering of Egyptian investment bank CI Capital was covered around 29.5 times at a …
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Bahraini Islamic lender Al Baraka Group is seeking to expand in Indonesia, where investors mostly prefer Shariah-compliant …
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Banks
Bahrain’s Al Baraka Banking provides $500 mln to fund trade in Egypt
by Yomna Yasserby Yomna YasserBahraini Islamic lender Al Baraka Group has pumped $500 million in loan facilities into the Egyptian market …
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Banks
Egypt’s Premiere says to open rep office in Dubai before H1-end
by Yomna Yasserby Yomna YasserEgyptian financial service company Premiere Holding aims to open a representative office in Dubai, as part of …
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Banks
World Bank’s Kim says bank capital boost doesn’t specify China lending cut
by Yomna Yasserby Yomna YasserWorld Bank’s President Jim Yong Kim said Thursday that a plan to boost the multilateral lender’s capital …
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Orange Egypt, part of French telecom giant, announced Thursday reaching an agreement with a consortium of eight …
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Banks
Central bank of Egypt cuts key rates again as inflation continues to ease
by Yomna Yasserby Yomna YasserEgypt’s central bank cut Thursday its key interest rates by 100 basis points for the second meeting …
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