QNB-Alahli retail banking portfolio records EGP 13.09bn at end of 2015
The bank offers more than 40 different retail banking products, with more to come
ITIDA finances 78 Computer and Communications Engineering senior projects
ITIDA also announced that it has started receiving a new batch of graduation projects seeking funding of EGP 10,000 at most per project, in order to support innovation and entrepreneurship.
Madaar Development to invest EGP 700m in Azha in 2016
Gasser Bahgat, chief executive of the company, said in a press conference that investments include contracts throughout the year to begin construction on 1.6m square meters of the Azha project…
United Bank aims to expand SME financing in 2016
Bank is reconsidering investment policies and will open 12 new branches to focus on developing the Suez Canal area, says Abdel Hamid
HDB aims to inject EGP 500m in retail loans over 2016
Retail loans constitute 58% of the total loans portfolio in the bank, says Assistant Managing Director
Chinese-Egyptian economic relations align as ministries sign MOUs with Chinese companies
The Ministry of Investment and Ministry of Trade and Industry and the Ministry of Communications and Information Technology sign MOUs with Chinese government and companies
Sporting Alexandria wins Egypt’s Basketball Cup
Al-Ahly managed to reach this match thanks to its win against Ittihad Alexandria club, where they scored (84-89).
CIB-Egypt launches innovative digital products, aims to attract more new customers during 2016
CIB puts simple conditions on opening accounts for youth to attract them to the banking sector
Bank’s proposals published to break deadlock of CBE’s retail banking regulations
Banks request CBE not to impose these regulations on all customers and to divide them in categories based on income
Egypt negotiates with Kuwait to renew contract to supply 3m barrels per month
Crude oil imported from Kuwait Petroleum Corporation helps save fuel in local market, says official
