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Egypt’s Beltone Financial turns profitable on revenue gains in H1
Egyptian investment bank Beltone Financial Holding have turned profitable in the first half of the year, reporting on Wednesday a net profit of 8.54 million Egyptian pounds ($542,757) as surging…
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EG Bank records 5% higher profits in H1-21
The Egyptian Gulf Bank (EG Bank) achieved a consolidated net profit of EGP 320.2 million in the first half (H1) of 2021, higher by 5% than EGP 304.74 million in H1-20, including minority rights.
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Egypt and China Ongoing cooperation portfolio hits $1.8B
The ongoing portfolio of cooperation with China amounts to $1.8 billion, according to Ministry of International Cooperation.
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Egypt’s agricultural exports rise to $2.2bn in 10M
Egypt's exports of agricultural crops increased by 10% year-on-year (YoY) to $2.215 billion in the first 10 months of the 2020/2021 season, compared to $2.013 billion.
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NBK Egypt’s may apply a voluntary delisting after its board proposal
The National Bank of Kuwait-Egypt's (NBK Egypt) board of directors decided to delist the bank's shares from the Egyptian Exchange (EGX).
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SAIB seen an increase in its profit by 12% in H1-21
Societe Arabe Internationale de Banque (SAIB) logged net profits of $8.95 million in the first half (H1) of 2021, an increase of 12% year-on-year (YoY) from $7.97 million in H1-20, the unaudited…
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Egypt’s annual urban consumer inflation surges to 6.1% in July – CAPMAS
Egypt’s annual urban consumer inflation accelerated to 6.1 percent in July, compared to 5.3 percent in June, official statistics agency CAPMAS said.
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Egypt’s CI Capital net profit jumps 376% in H1
Egypt’s investment bank CI Capital Holding for Financial Investments reported on Monday a 376 percent year-on-year growth in net profit for the first half of the year.
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Egypt’s FRA approves second nano-finance product
The Financial Regulatory Authority's (FRA) Chairman, Mohamed Omran, approved the launch of the second nano-finance product in the Egyptian market.
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Abu Dhabi Commercial Bank – Egypt net profit climbs 83% y-o-y in H1
Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt), part of Abu Dhabi Commercial Bank, reported on Sunday an 83 percent year-on-year jump in net profit for the first half of the year.
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