The United Bank (UB) of Egypt announced on its website that the bank’s ordinary shares began trading on Tuesday on the Egyptian Stock Exchange (EGX).
11.12.2024
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News by
Ahram Online
The pound has traded within a narrow range just short of 50 to the dollar since Egypt signed an $8 billion financial support package with the IMF.
08.12.2024
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News by
Middle east monitor
The CBE had earlier introduced revised guidelines for its weekly main deposit operations, previously conducted through fixed-rate tenders.
04.12.2024
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News by
Egypt Today
The government is making intensive efforts to facilitate the entry of investors into the Egyptian market.
02.12.2024
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News by
See news
The dollar's value fluctuated between 4 to 5 percent ($1/EGP 47 to $1/EGP 49) after the country adopted a flexible exchange rate in March.
02.12.2024
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News by
Ahram Online
President Abdel-Fattah El-Sisi has issued a decree appointing the Central Bank of Egypt (CBE) board of directors, chaired by Hassan Abdullah.
01.12.2024
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News by
Ahram Online
The United Bank has set ambitious targets for its net profit, aiming to reach 3.071 billion LE by the end of 2025, 3.821 billion in 2026.
27.11.2024
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News by
Egypt Today
Arab African International Bank (AAIB) issued Sunday a landmark $500 million sustainability bond to accelerate Egypt’s green transition.
26.11.2024
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News by
Ahram Online
This substantial growth is attributed to the transformation of Al-Ahli United bank into an Islamic bank following its Acquisition by Kuwait Finance.
26.11.2024
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News by
MENAFN
The statement further indicated that total equity rose to LE 162.413 billion, compared to LE 150.667 billion in September.
25.11.2024
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News by
Egypt Today
IMF led by Ivana Vladkova Hollar, issued a statement at the conclusion of its visit to Egypt, which lasted from November 6-20.
24.11.2024
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News by
Egypt Independent
Egypt’s Central Bank embarked on a rare privatization journey by putting 30% of United Bank up for grabs – only the second such sale in four years.
21.11.2024
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News by
Finimize
The EBRD facility will help cover up to 50 per cent of the credit risk on as much as €50 million in financing for Egyptian SMEs originated by CIB.
21.11.2024
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News by
EBRD
Fitch Ratings has raised the Long-Term Issuer Default Ratings (IDRs) of the largest four banks in Egypt following the recent upgrade.
20.11.2024
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News by
Ahram Online
Egypt secured more than $2.5 billion from International Financial Institutions (IFIs) to finance the private sector's energy projects over 2 years.
19.11.2024
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News by
Ahram Online
The discussions focused on expanding the cooperation portfolio and exploring new areas aligned with Egypt's governmental priorities.
18.11.2024
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News by
Egypt Today
The bank explained that this amendment comes in light of the decision of Interior Minister amending the age of issuing the ID card to be 15 not 16.
14.11.2024
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News by
Egypt Independent
The United Bank (UB) is aiming to raise between EGP 4.16 billion and EGP 5.14 billion in the upcoming initial public offering (IPO) on the EGX.
13.11.2024
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News by
Ahram Online
The agreement was signed by Jürgen Rigterink, EBRD First Vice President, and Mohamed Bedeir, QNB-Egypt Chief Executive Officer.
12.11.2024
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News by
Europe ansting
Egypt's total obligations to the IMF hit $13.2 billion , exceeding the combined IMF debts of eight Arab countries.
11.11.2024
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News by
Forbes Middle East
