04/08/2012

Egypt's EFG-Hermes 2011 profit tumbles 63 percent ‎

"We are particularly pleased with the performance of the Commercial Banking Platform in the first full year since Crédit Libanais became part of the EFG Hermes family,"noted EFG Hermes Chief Executive Officer Yasser El Mallawany.

02/05/2012

NBAD opens new branch in Egypt

The new Shoubra Branch in Northern Cairo is strategically located in one of the largest districts of the Greater Cairo area.

12/14/2011

European lenders narrow loans to MENA firms

The decline in liquidity and a shortage of U.S. dollars at some European banks may create “tensions” for some Middle East companies as they seek to refinance debt over the next 12 to 36 months