amwalalghad :: Banks

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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

Radwa Alaa - 2013-04-10 08:58:02
The Central Bank of Egypt (CBE) offers on Wednesday US$ 40 million to local banks at its 45th FX auction and the 29th one since the appointment of Hisham Ramez as governor of CBE since last February. Ramez reduced the value of dollars offered at FX auctions as CBE was offering US$ 75 million, then US$ 50 million at two auctions and US$ 40 million at the latest auctions so as to ration the disbursement of foreign currency. The value of dollar surged EGP 0.44 to reach EGP 6.81 since the implementation of FX auction mechanism at the end of 2012, up from EGP 6.37. Then, the value of dollar began to fall against the Egyptian pound concurrently with the appointment of the new governor at the beginning of last February as the value of dollar dropped EGP 0.08 to register EGP 6.73 on the second day since Ramez assumed the responsibilities of the new position. However, it rose again to register EGP 6.88. More»
Amwal Al Gahd - 2013-04-10 08:57:05
Egypt's National Societe Generale Bank, which is being bought by Qatar National Bank , posted a 32 percent rise in net profit in the first quarter, it said in a statement on Tuesday. The country's second-biggest private bank by market capitalisation made a net profit of 463 million Egyptian pounds ($67.60 million) in the first quarter compared with 350 million pounds in the same period a year earlier. "This was achieved through its strong risk management, diversified products and widely spread network," the bank said in the statement. Operating income rose by 35 percent in the first quarter to 747 million pounds compared with 552 million pounds in the same period a year earlier. More»
Amwal Al Gahd - 2013-04-10 08:53:22
Egypt might ask the International Monetary Fund (IMF) to increase its previously requested $4.8 billion loan to cover its budget deficit, the country's planning minister said on Wednesday. "It's very possible that we will increase the request but so far we are talking about $4.8 billion," Ashraf El-Araby told reporters during a visit to Qatar. He also said the government had targeted a budget deficit of 9.5 percent of gross domestic product in the fiscal year ending in June. More»
Ahmed Ali and Sayed Badr - 2013-04-10 08:21:51
Banque Misr delayed launching a new fund, which will invest in fixed income instruments, to the end of this year. Launching the Fund, which will have capital ranging from EGP 100 million to EGP 200 million, was postponed due to the repercussions of the current political instability and security chaos on investment flows, said Suzan Hamdi, General Manager of Financial Markets and Investment and member of executive committee of the bank. She revealed that Banque Misr awaits the approval of sukuk law in order to take the necessary procedures to launch the first investment fund that will invest in sukuk. The capital of the fund will be determined after realizing the volume of project that will be financed through sukuk, she added. More»
Amwal Al Gahd - 2013-04-10 07:27:21
Jordan Islamic Bank (JIB)announced that it has achieveddistinguished financial results during 2012. The Bank’s net profits before tax reached USD 72.21 million at end of financial year 2012 with an increase of USD16.22 million and with a growth of 28.9% compared to USD55.99 million at the end 2011, whereas its net profits after tax reached USD 51.48 million compared to USD39.92 million at the end 2011 and with an increase of USD11.57 million and with a growth of 28.7%. The Bank’s Board of Directors recommended the Ordinary General Assembly to distribute cash dividends to shareholders at 15% of the Bank’s capital.It is decided to hold the meeting on Wednesday 24/4/2013. The Bank reinforced its position in Jordan banking sector where the Bank has advanced its capital base by upgrading its capital to USD/share 176.30 million during 2012 and distributing bonus shares to shareholders at 25%. Shareholders’ equity at end 2012 reached about USD322.28 million compared to about USD291.82 million at end 2011 with a growth of 10.5 %. More»