Egyptian banks

Egypt’s EFG-Hermes losses deepen to 67.55 mln Egyptian pounds in second quarter
Business

Egypt’s EFG-Hermes losses deepen to 67.55 mln Egyptian pounds in second quarter

Egypt's EFG-Hermes, the country's largest investment bank, said on Thursday it made a net loss of LE67.55 million ($7.61 million)…
Egyptian banks, bourse off 5 days for Bairam
Egypt

Egyptian banks, bourse off 5 days for Bairam

Egyptian banks will be off marking the Greater Bairam (Eid al-Adha) holidays from Wednesday, September 23, until Sunday, September 27,…
Report: Egyptian banks to fund major power deal
Egypt

Report: Egyptian banks to fund major power deal

Six Egyptian banks have reached a deal to fund an electricity generation project worth 3 billion Egyptian pounds ($405 million),…
CEO of National Bank of Egypt resigns
Egypt

CEO of National Bank of Egypt resigns

The CEO of the National Bank of Egypt, Tarek Amer, resigned on Monday, just days after the president appointed a…
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