
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each
Enmaa needs financing worth EGP10m in the form of letters of guarantee for tenders
The Egyptian Gulf Bank (EGB) achieved net profits of EGP 240.6m during the first half (H1) of 2016. The bank’s profits increased by 100%, compared to the same period in 2015. The bank’s financial results for H1 in 2016 showed a significant growth in all activities and indicators. The bank’s net income has increased by …
Bank plans to increase its retail banking portfolio to EGP 1.4bn by end of 2016
By Abdel Qader Ramadan Newly appointed Minister of Investment Ashraf Salman told the Daily News Egypt he is exiting businesses he owns and 18 other positions he holds after his cabinet appointment. Salman held the position of CEO of Cairo Financial Holding as well as other executive and advisory positions for several companies. Salman’s …
The bank is one of several supporting the construction of 10,000 housing units for low- and middle-income Egyptians under a Central Bank of Egypt initiative
Performance indicators also show Egyptian Gulf Bank achieved fastest growth