The bank's net profits after tax soared to EGP 3.80 billion, marking a remarkable year-over-year leap of 137.19%.
14.11.2023 investing
The central bank and KIA each currently hold a 49.37% stake in AAIB, with the leftover 1.26% distributed to “others,” explains AAIB’s recent report.
14.11.2023 Egypt Today
The Egyptian cabinet announced that it will hold a press conference soon to provide updates on the government IPO programme and future planning.
14.11.2023 Ahram Online
The bills, which will be settled on Nov. 14, replace a similar amount of maturing one-year dollar T-bills that bore an average yield of 4.60%.
14.11.2023 Reuters
The contract reflects MSMEDA’s interest in cooperating with microfinance companies in the Egyptian market to increase the microfinance portfolio.
14.11.2023 Zawya
These opportunities are spread across 56 state entities, encompassing various sectors such as industry, services, agriculture, and tourism.
14.11.2023 Egypt Today
The evaluation process has estimated the HHD’s value at around EGP 20bn, while the current market capitalization of the company is about EGP 15.9bn.
13.11.2023 Daily News Egypt
Taly, a company that specializes in digital payment solutions backed by Banque du Caire, is planning to launch a new platform for corporate payments.
13.11.2023 Daily News Egypt
Tarek Fayed, Chairperson and CEO of Banque du Caire, highlighted the importance of this step in providing banking services to the bank’s clients.
13.11.2023 Daily News Egypt
Egypt's annual core inflation rate decelerated by 1.6 percent in October, recording 38.1 percent, down from 39.7 percent in September.
13.11.2023 Ahram Online