The dollar slipped from its 14-year-high against a basket of currencies on Thursday as investors took profits …
loans
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Banks
Egypt’s United Bank: bad loans edge higher on currency float move
by Yomna Yasserby Yomna YasserThe state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds …
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Egypt’s eighth largest commercial bank, Bank Audi S.A.E., is targeting growth rates of more than 20 percent …
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Banks
Banque Misr finances 419,000 clients working in micro-enterprises, SMEs
by Noha Gadby Noha GadBanque Misr granted a number of loans worth 3.8 billion Egyptian pounds for 419,000 clients who are …
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Industry & Trade
Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans
by nada nasserby nada nasserEgyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank …
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Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the …
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The net volume of loans portfolio at Housing and Development Bank (HDB) recorded 8.7 billion Egyptian pounds …
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Egypt News
Egypt’s portfolio of loans and grants hit $22.5 billion: minister
by Yomna Yasserby Yomna YasserEgypt was given $22.5 billion worth of loans and grants over the past period, said Minister of …
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National Bank of Kuwait (NBK) says net profit in Egypt rose to 407.436 million Egyptian pounds ($45.8 …
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Crédit Agricole SA said Thursday that net profit in Egypt reported a 31.8 percent y-o-y rise in …