Add Yahoo as a preferred source to see more of our stories on Google. CAIRO, April 30 (Reuters) - The foreign assets of Egyptian banks plummeted by 45 percent, or 162.12 billion Egyptian pounds, in ...

Société Générale’s mid-summer swoop to take control of the state’s remaining shares in Misr International Bank (MIBank) showed that business confidence remains strong in Egypt’s latest phase of ...

Crédit Agricole has bought a majority stake in its Egyptian subsidiary Crédit Agricole Egypt, the Egyptian bank said on Thursday. The French bank bought 60 million additional shares, increasing its ...

The closure of Egyptian banks has prevented Gulf-based Egyptians, who make up the bulk of the population living abroad, from sending vital remittances back to the North African country, exchange ...

Only two Middle East-based banks were founding signatories to the UN’s Principles for Responsible Banking – and both were Egyptian. The country’s government was among the first to introduce a ...

DUBAI, United Arab Emirates (AP) — Egyptian bank EFG Hermes says a majority of shareholders have voted in favor of a deal to merge some of the lender’s operations ...

KUWAIT: National Bank of Kuwait – Egypt (NBK-Egypt) reported a net profit of EGP 2 billion (equivalent to KD 12.9 million) for the first three months of 2026. Net operating income reached EGP 4.2 ...

The London-listed shares of Egypt's Commercial International Bank (CIB) rebounded on Friday after plunging more than 40% in morning trade after local media reports that its chairman had been dismissed ...

With his country in crisis, Mahmoud Abdel Latif — Egyptian banker, turnaround artist and patron saint to an economy of small, credit-starved business owners ­— is nurturing a revolution of his own.

Mohamed Saad, equity analyst at SHUAA Egypt in Cairo, argues that the valuations which are likely to be used in the long-awaited IPO of Banque du Caire and the central bank sale of a non-controlling ...