Banking & Finance
Total interest income grew by 19.5% QoQ in Q2
Driven by a steady economic recovery in retail, leisure sectors
Online payments surged 85%
Exceeding the 127 million dirhams invested
Funding will be used to support innovation in payment and shopping
Trade exchange between two countries surged by $1.2 bn in Q1
Emaar will receive the total value of the selling price in cash
The borrower may face a travel ban in the execution case
It surpassed the pandemic with no adverse effects on its financial balance sheets
10 bidders have been qualified to proceed to the next stage
The beneficiaries should be members of accredited SME funds or programmes
IMF scheduled an Aug. 29 meeting to discuss country's loan
The move comes in response to customers’ suggestions and requirements
Group operating revenues grew by 28% Y-o-Y to EGP2.1 billion
Supported by strong product demand
Reflecting strength of financial solvency, high liquidity
Busines addressing non-cash expenses, optimisation measures
Fund to be used to strengthen Bayzat's technical development team
"Deal in line with Egypt's plan to encourage FDI"
This is the second increase in discount rates in several weeks
H1 total revenue increased 121% to AED 21.93 bn
Focusing on investing in several key sectors
