Latest in Tag: Abu Dhabi Islamic Bank-Egypt Highlight

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Latest in Tag: Abu Dhabi Islamic Bank-Egypt


Pharos Research upgrades ADIB Egypt FV to EGP 24

Pharos Research has upgraded its fair value (FV) of Abu Dhabi Islamic Bank-Egypt (ADIB) to EGP 24, with an “overweight” recommendation, according to a recent report. The FV upgrade came on the back of several positive developments, including “a forecasted strengthening momentum in lending activity with a compound annual growth rate (CAGR) of 16% over …

Daily News Egypt

The 3-week challenge: the IMF’s tricky homework for Egypt

When the people of Egypt heard that the government was willing to take a loan from the International Monetary Fund (IMF), they didn’t think that the government had decided to walk down a hard, tiring path. They didn’t know that Egypt would apply austerity measures that would affect their lives, by cutting its subsidies for …

Hisham Salah

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