amwalalghad :: Banks

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Business - Banks

Ahmed Ali & Sayed Badr - 2015-02-15 10:03:58
Egyptian Arab Land Bank (EALB) will contribute 100 million Egyptian pounds (US$13.1 million) to Ezz Steel Company’s loan, chairman Abdel Meguid Mohy El-Din announced. In January, the National Bank of Egypt (NBE) and the Arab African International Bank (AAIB) have signed a syndicated loan contract worth 1.7 billion pounds in favour of Ezz Steel Company. Ezz steel’s board of directors  approved on all terms and conditions of facility agreement  with NBE and AAIB , alongside agreeing on obtaining  long-term facility in order to restructure the credit facilities and the granted loans for the company throughout paying  some of the current company’s debts. This is the first loan obtained by the company since January25 uprising in 2011. More»
Amwal Al Ghad English - 2015-02-15 07:38:29
Egypt will repay its $1bn to Qatar next October to add to the $6bn already repaid, according to the Central Bank of Egypt (CBE) Governor Hisham Ramez on Thursday. The $1bn was the remaining amount of Qatar’s deposit at the CBE. In November, Egypt repaid a deposit worth $2.5bn to Qatar based on a formal request from Doha, Ramez said at the time. Egypt’s foreign reserves registered $15.42bn in January, compared to $15.3bn in December, CBE said in early February. Relations between Cairo and Doha deteriorated last year, after the Egyptian military deposed former Muslim Brotherhood President Mohamed Morsi, following mass protests against his rule in 2013. Qatar has expressed support for the Muslim Brotherhood in the past, and provided Egypt around $7bn in grants and deposits during the year Morsi was in power. Following Morsi’s ouster, Saudi Arabia, the UAE, and Kuwait sent a total of $12bn in aid to Egypt. More»
Amwal Al Ghad English - 2015-02-14 09:02:48
Scores of companies and banks in Switzerland will take part in the international economic conference planned to be held in Sharm El Sheikh, Egypt's General Consulate in Geneva said. In a statement issued by the Foreign Ministry, Egypt's Consul General Ahmed Shahin highlighted a notable interest by several Swiss companies in participating in the event. Shahin held a series of meetings with representatives of major Swiss companies and banks to introduce investment opportunities in Egypt, read the statement. More»
Amwal Al Ghad English - 2015-02-12 08:03:51
The Central Bank of Egypt (CBE) will approve the Ministry of Tourism’s request for a currency exchange system with Russian companies, according to a Tourism Ministry official. The approval will be given in tandem with the Ministries of Industry, Foreign Affairs, and Supply and Internal Trade. Egypt has been facing a reduction in Russian tourism following the rouble’s devaluation against the US dollar, after the Crimea crisis and the EU economic sanctions against Russia. The number of Russian tourists to Egypt increased by 600,000 visitors during 2014, to reach 3 million tourists, compared to 2.4 million in 2013. Tourism income reached $7.5bn last year, with a growth of $1.6bn compared to the previous year. The ministry targets a 20% growth in the number of tourists to reach 12 million by the end of this year compared to 10 million tourists during 2014. The official said that “under the difficult circumstances of the Egyptian pound exchange rate against the US dollar, and the reduction’s impact on the travel movement, we have to make our transactions using the Russian rouble”. More»
Sayed Badr - 2015-02-11 12:16:30
Banque Misr, the second largest public sector bank in Egypt, currently registers real estate assets of around 7.7 billion Egyptian pounds (US$1 billion), head of capital markets group Suzan Hamdy said. In June 2014, Banque Misr’s real estate portfolio had reached around 6 billion pounds following reaching debt settlements with its clients. Speaking to Amwal Al Ghad on Wednesday, Hamdy stated that Banque Misr plans to utilise more investment opportunities so as to get rid of stagnant assets. The bank is targeting attaining good results and offering clients more products within the current fiscal year, the banking official added. More»