He added that this was supported by an increase in net income from returns by 90% to reach EGP 707m in March.
31.05.2023
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News by
Daily News Egypt
Banque Misr will receive a $260 million loan from the World Bank's (WB) financial arm, the International Finance Corporation (IFC).
30.05.2023
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News by
Ahram Online
Egypt’s GDP is expected to grow to 4.8 percent in FY2023/2024, slightly higher than the previously forecasted 4.4 percent for the current fiscal year.
30.05.2023
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News by
Egypt Today
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah urged on Friday the African Development Bank (AfDB) to increase its lending to members.
28.05.2023
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News by
Ahram Online
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY.
27.05.2023
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News by
Ahram Online
The Africa Investment Forum presented four projects to investors during the 2023 annual meeting of the African Development Bank Group.
26.05.2023
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News by
Daily News Egypt
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY, according to the African Economic.
26.05.2023
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News by
ahram online
The bank’s Islamic branches provide insurance products in partnership with the Egyptian Tukaful Life Insurance Company.
24.05.2023
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News by
euromoney
The portfolio has a distinguished group of prime clients and adds value to the bank.
24.05.2023
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News by
Daily News Egypt
Mohamed Maait, also governor of Egypt at the AIIB, made the remarks during his meeting in the Egyptian capital Cairo with the visiting AIIB's VP.
24.05.2023
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news CN
Citigroup anticipated that the Central Bank of Egypt (CBE) will hold any move on its currency until the end of current fiscal year, which ends on June
23.05.2023
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News by
Egypt Today
This comes within the framework of the Egyptian state’s keenness to strengthen and deepen cooperation with African countries in all fields.
23.05.2023
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This comes in light of a larger set of initiatives that were launched on 27 April for Arab Day for Financial Inclusion.
22.05.2023
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News by
Egyptian Streets
The certification was awarded in recognition of CBE efforts to ensure the continuity of all its critical banking activities.
22.05.2023
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News by
Egypt Independent
The event will witness the participation of AfDB governors representing 81 regional and non-regional member countries.
21.05.2023
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News by
Daily News Egypt
The value of Egyptian remittances during the first half of the fiscal year declined to US$12 billion.
20.05.2023
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News by
Egypt Independent
The banks' long-term Counterparty Risk Ratings (CRRs) and Baseline Credit Assessments (BCAs) were also placed on review for downgrade.
18.05.2023
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News by
Egypt Today
The European Investment Bank (EIB) and ALEXBANK, a subsidiary of Intesa Sanpaolo Group in Egypt, announced the release of a new tranche of$15 million.
18.05.2023
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News by
Ahram Online
The hiring was as the international financial adviser for the sale of its 99 percent stake in the state-owned United Bank
18.05.2023
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News by
Ahram Online
We have also downgraded the Government Support Ratings (GSRs) of all four banks to 'b-' from 'b'.
18.05.2023
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News by
Fitch ratings