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09 August 2016 HSBC plc says net profit before tax in Egypt reached $235 million in the first half of the 2016.The bank in Egypt posted a net profit before tax of $203 million in the first half of 2015.The retail banking and wealth management division's profits of HSBC Egypt recorded $34 million during the first half of 2016 versus $26 million in the same period in 2015, the banking group said inAmwal Alghad - 09-Aug-2016
HSBC Holdings has approved to give a support for its Egyptian unit's capital through retained earnings, CEO and deputy chairman of HSBC Egypt Jacques-Emmanuel Blanchet announced.Amwal Alghad - 17-Dec-2015
HSBC Egypt's credit portfolio has recorded EGP 21.7 billion (USD 2.8 billion) at the end of first quarter, Amr EL Bahey - Head of Large Corporates- said.Amwal Alghad - 01-Jun-2015
The sources stated that El Sayed had resigned without mentioning reasons behind her decision, ruling out receiving offers from other banks working in the Egyptian market.Amwal Alghad - 20-Apr-2015
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.