ALEXBank registers EGP 724m in net profits
ALEXBank reported a 9.5% growth in net profit in 2014, registering EGP 724m, despite 5% increase in the enacted tax rate, the bank announced last week. The bank noted that…
HRW calls for halt of executions in ‘Arab Sharkas cell’ case
Death sentences approved by Defence Minister Sedki Sobhi on 24 March, after appeal rejected
Barclays Egypt to boost credit portfolio to EGP 9bn
Barclays targets a 10% growth in the deposit portfolio by the end of 2015
Domestic liquidity rises by over EGP 1bn
The figures show that domestic liquidity now registers EGP 1.109bn (7.3%) during the first half of fiscal year (FY) 2014/2015.
Banque Misr to allow services 24 hours a day through “Remote Teller”
Banks should adopt developed technological infrastructure that aim to develop communication channels with customers, says head of retail
Hotel room revenues to increase in upcoming period: Colliers International
Quarterly and annual forecast sees rise in room revenues compared to last year’s corresponding periods
Individual bank customers range between 6-8 million: NBE Chairman
There are 10 ATM machines for every 100,000 customers in Egypt, Okasha said
Jeddah receives Egyptians fleeing Yemen: Foreign ministry
Egyptians say airstrikes are keeping them from making their way to Saudi Arabia
US ‘strongly condemns’ Sinai attacks
Washington says it "supports" Egypt in its "fight against terrorism"