List of Banks in Egypt
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Egypt sells its first Islamic sukuk for $1.5 billion
Egypt sold on Tuesday its first US-denominated sovereign bonds, Islamic sukuk, with a total value of $1.5 billion, Minister of Finance Mohamed Maait.
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Banks across Egypt, Morocco, and Jordan face an uncertain 2023
The recent decline in energy prices and the resilience of tourism may soften the financial and operational impact on the banks, the analysts said.
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Net FDI in Egypt surge 94% during Q1 of 2022/2023
Egypt is the first investment destination for Arab sovereign funds, led by Saudi investments and Emirati investments.
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Credit Agricole joins forces with Ahl Masr Foundation
Credit Agricole Foundation for Development has made a donation that will contribute to the establishment of Central Sterilization Supply Department.
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Egypt issues its first Islamic sukuk
Egypt initiated on Tuesday the issuance of its first US dollar-dominated sovereign bonds, known as Islamic sukuk, with a maturity of three years.
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CIB sign USD 50 mln credit guarantee to support SME customers in Egypt
CIB has always been committed to providing innovative products and banking solutions to its SME customers.
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Officials at FRA, CBE, EGX review latest developments in national economy
The meetings were held to cast a spotlight on the latest developments in the Egyptian economy.
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Al Baraka Bank-Egypt’s 2022 consolidated profits hit $56mln; dividends proposed
Earnings per share (EPS) stood at EGP 2.12 last year, higher than EGP 1.37 in 2021, according to the income statements.
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5 Indicators that reveal the direction of Egypt’s Economy
Policy makers see it different this time, after a large group of promised reforms that will transform Egypt’s markets and its economy.
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Egypt court to rule soon in case over Intesa's local unit
Egypt is seeking to raise cash after its financial markets suffered heavy foreign investment outflows in the wake of the Ukraine war.