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Egyptian Financial Group Hermes Holding (EFG Hermes) has named Aladdin ElAfifi as the new CEO of its non-bank financial institutions (NBFI) platform.Egyptian Financial Group Hermes Holding (EFG…
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Credit Agricole Egypt has registered consolidated net profits after tax worth EGP 1.01 billion in the first half (H1) of 2022, an annual leap of 32.35% from EGP 767.09 million.
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gypt’s second biggest lender, Banque Misr has get a licence to open a representative office in Kenya, pursuing trade finance deals in East Africa and a chance to serve Egyptian firms operating in the…
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The Agricultural Bank of Egypt (ABE) achieved a significant leap in performance indicators during the first half (1H) of 2022.
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Remittances from expatriate Egyptians rose 2.1 percent year-on-year during the period between July 2021 and May 2022, the central bank said.
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Homzmart — the Middle East’s one-stop shop for furniture and home goods — landed a Pre-Series B investment of $23m recently, bringing its total investments up to almost $40.
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Misr Italia Properties recorded a 58% year-on-year (YoY) hike in sales during the first half (H1) of 2022 to EGP 4.20 billion.
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Orascom Construction Plc announced adding new awards worth $1.8 billion to its backlog in the second quarter (Q2) of 2022.
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GlobalCorp plans to issue EGP 1.5 bn worth of securitized bonds in three tranches before the end of the year, Al Borsa quotes the company’s managing director, Hatem Samir, as saying.
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The general assemblies of the National Bank of Egypt (NBE) and Banque Misr (BM) approved their financial statements of the two banks, revealing that they collectively achieved profits before taxes…
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