Egypt’s Societe Arab Internationale de Banque (SAIB) reported a 24 percent fall in its first half profits …
loans
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Crédit Agricole SA says first-half net profit in Egypt rose 49.8 percent from a year ago to …
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National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, announced Thursday a 80 percent …
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The National Bank of Kuwait (NBK), the Gulf state’s largest commercial lender, reported Sunday a 78.4 percent …
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Gold prices edged further away from a four-month low on Wednesday, as investors awaited testimony from U.S. …
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The European Bank for Reconstruction and Development (EBRD) says it is studying giving some banks in Egypt …
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Real Estate
Raising interest rate could control Egypt’s economic situation: expert
by Yomna Yasserby Yomna YasserThe Monetary Policy Committee (MPC) announced on Sunday raising the discount rate by 2 percent, reaching 17.25 …
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The chairperson and managing director of Credit Agricole Egypt, Francois Edouard Drion, said that the bank aims …
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Banks
Egypt’s Industrial Development Bank posts 100 mln pounds-net profits in 4 months
by nada nasserby nada nasserIndustrial Development and Workers Bank of Egypt (IDWBE) has achieved net profits worth 100 million Egyptian pounds …
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Tech news
Toshiba to seek loan support from creditor banks Tuesday: sources
by Yomna Yasserby Yomna YasserToshiba Corp will meet creditor banks on Tuesday to ask them to accept as collateral shares in …