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Banking & Finance

NBK-Egypt posts EGP 1.57 billion in half-year net profit

MEA Finance -
The bank’s net interest income soared by 88.2% to reach EGP 3.2 billion compared to EGP 1.7 billion a year ago.
Banking & Finance

EFG Holding posts EGP 3.1 billion in Q2 2023 revenue

MEA Finance -
The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses
Banking & Finance

Egypt central bank signs MoU with London Institute of Banking & Finance

MEA Finance -
The agreement sets the stage for a fruitful partnership that will bring significant benefits to the North African country
Banking & Finance

Crédit Agricole Egypt’s H1 2023 profit jumps 146% to $81.2 million

MEA Finance -
The bank said its net banking income surged by more than 108% year-on-year to reach EGP 4.5 billion
Banking & Finance

Fintech firm Opay mulls Egypt digital bank license application

MEA Finance -
OPay’s digital bank will provide lending, savings and card services via the internet without the need for customers to go to branches
Editors pick

Arab Financial Services expands its digital payments solutions into Egypt

MEA Finance -
Arab Financial Services (AFS) has announced plans to expand its payments footprint into Egypt, with the establishment of its Egypt hub. AFS (Egypt) will...
Wealth Management

EFG Hermes reports EGP 965 million in group revenues and net profit of EGP 90 million in 1Q20 as it adopts prudent measures in...

MEA Finance -
EFG Hermes, reported today a net profit after tax and minority interest of EGP 90 million in 1Q20, on revenues of EGP 965 million,...
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