Banking & Finance
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
Driven by an increase in total operating income
As of end-June, sector loans totaled 6.3 trillion lira
The firm's total capital raised to date amounts to $275 mn
Regulations to manage risks related to money laundering
Revenue for Q2 at a record peak of AED 576 mn
It increased by 3% to 1.683 trillion riyals
Assets rose 2.9% to 3.442 trillion dirhams
