Sat, November 30, 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
India Inc thrilled over FinMin's proposal to hike FDI limit in insurance sector to 100%
[ Sat, Nov 30th 2024 ]: Bill Williamson
French finance minister says budget can still be improved
[ Sat, Nov 30th 2024 ]: Bill Williamson
Unlocking Africa's Economic Potential: Sean Micha .. Role Of Decentralized Edge And Quantum Computing
[ Sat, Nov 30th 2024 ]: Bill Williamson
TVS Holdings receives RBI approval for acquisitio .. change in management of Home Credit India Finance
[ Sat, Nov 30th 2024 ]: Bill Williamson
FM Sitharaman urges regional rural banks to onboa .. digital services like mobile banking by Dec 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
JSW MG surges in sales: Is this the disruption electric car market needs?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Real estate query: Leasehold vs Freehold Property .. at's the difference and which is more beneficial?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market
[ Sat, Nov 30th 2024 ]: Bill Williamson
Cyprus Business Now: tourism performance, government surplus, SME funding
[ Sat, Nov 30th 2024 ]: Bill Williamson
Tax Query: Long and short of residential capital gains tax
[ Sat, Nov 30th 2024 ]: Bill Williamson
Meet 9 influential Africans - Report
[ Sat, Nov 30th 2024 ]: Bill Williamson
Lombard Odier indicted in Switzerland for money laundering
[ Sat, Nov 30th 2024 ]: Bill Williamson
Help! I have a job and side hustle making Sh82,000 per month, yet I live hand-to-mouth
[ Sat, Nov 30th 2024 ]: Bill Williamson
18 Indian billionaires who built their wealth in Africa
Fri, November 29, 2024
[ Fri, Nov 29th 2024 ]: Bill Williamson
Lombard Odier indicted in Switzerland over money laundering
[ Fri, Nov 29th 2024 ]: Bill Williamson
Dos and don'ts of borrowing from lending apps: Tips for safe and smart borrowing
[ Fri, Nov 29th 2024 ]: Bill Williamson
Finance adviser calls for inclusive public financial management reform
[ Fri, Nov 29th 2024 ]: Bill Williamson
Traffic management firm secures asset finance backing to fuel growth
[ Fri, Nov 29th 2024 ]: Bill Williamson
Nisus Finance Services SME IPO: Issue opens on December 4; check key details
[ Fri, Nov 29th 2024 ]: Bill Williamson
BoE finds potential vulnerabilities in financial market plumbing
[ Fri, Nov 29th 2024 ]: Bill Williamson
Why Trump could be good for South Africa
[ Fri, Nov 29th 2024 ]: Bill Williamson
Bank of England finds some vulnerabilities in probe of central counterparties
[ Fri, Nov 29th 2024 ]: Bill Williamson
RIL gains 2% as US based arm picks 21% stake in Wavetech Helium
[ Fri, Nov 29th 2024 ]: Bill Williamson
UBA to begin full banking operations in France
[ Fri, Nov 29th 2024 ]: Bill Williamson
The films, shows, and books Wall Streeters think best illustrate their work lives
[ Fri, Nov 29th 2024 ]: Bill Williamson
IIFL Finance to raise upto Rs 500 cr via NCDs
[ Fri, Nov 29th 2024 ]: Bill Williamson
Istanbul Metropolitan Municipality to hold investor meets in UAE and Doha
[ Fri, Nov 29th 2024 ]: Bill Williamson
Players and powerhouses shaping Africa's VC landscape
[ Fri, Nov 29th 2024 ]: Bill Williamson
Otley Girlguiding unit receives grant from Skipton firm
[ Fri, Nov 29th 2024 ]: Bill Williamson
Exclusive: HSBC pulling back from China credit ca .. business after struggling to expand, sources say
[ Fri, Nov 29th 2024 ]: Bill Williamson
Reliance subsidiary acquires 21% stake in US helium gas exploration, production company
Thu, November 28, 2024
[ Thu, Nov 28th 2024 ]: Bill Williamson
Liberals' tax-holiday plan divides business owners as reality of preparing for it sinks in
[ Thu, Nov 28th 2024 ]: Bill Williamson
Reliance Inds, Fine Organics Inds, PC Jeweller India, KEI Inds, Zomato will be in focus
[ Thu, Nov 28th 2024 ]: Bill Williamson
Niaga SPOTLIGHT: IDEVAW 2024 FOCUS: Addressing Economic Violence & Life Cycle Poverty
[ Thu, Nov 28th 2024 ]: Bill Williamson
December financial alert: RBI rate call, tax deadlines, and credit card updates
[ Thu, Nov 28th 2024 ]: Bill Williamson
The great-man theory of Wall Street
[ Thu, Nov 28th 2024 ]: Bill Williamson
Major Aussie food company stocked in Woolworths and Coles collapses: 'No hope'
[ Thu, Nov 28th 2024 ]: Bill Williamson
Brazil's Haddad seeks to soothe market concerns over income tax reform
[ Thu, Nov 28th 2024 ]: Bill Williamson
5 sectors that could see an uptick in dealmaking under Trump's second presidency
[ Thu, Nov 28th 2024 ]: Bill Williamson
UK finance minister delays spending review until June, FT reports
[ Thu, Nov 28th 2024 ]: Bill Williamson
$8 Billion Deal, Luxe Apartments and A Central Pa .. : The Property Portfolio Of Jersey Mike's Founder
[ Thu, Nov 28th 2024 ]: Bill Williamson
German Fortune 500 companies have announced over .. r, but the biggest employee cull is still to come
[ Thu, Nov 28th 2024 ]: Bill Williamson
PwC and AccountsIQ: Modernising finance operations for mid-market firms
[ Thu, Nov 28th 2024 ]: Bill Williamson
British Business Bank announces Community ENABLE Funding programme
[ Thu, Nov 28th 2024 ]: Bill Williamson
How Enterprise Leaders Are Using A.I.
[ Thu, Nov 28th 2024 ]: Bill Williamson
US business cycle calls for deeper China-US economic ties
[ Thu, Nov 28th 2024 ]: Bill Williamson
Bank of America bets on long-term growth in Mexic .. due to 'nearshoring', despite Trump tariff threat
[ Thu, Nov 28th 2024 ]: Bill Williamson
Align tax-saving investments with financial goals and asset allocation

NBK-Egypt reports $104.8mln in net profit by the end of Q3 2024

Net Operating Income stood at EGP 9.7 billion, recording a substantial increase of 57% from EGP 6.2 billion recorded in the corresponding period of 2023
The article from Zawya reports that the National Bank of Kuwait (NBK) Egypt has achieved a net profit of 1.048 billion Egyptian pounds by the end of the third quarter of 2024. This represents a significant increase from the 688 million pounds reported in the same period of the previous year. The growth in net profit was attributed to a 47% rise in net interest income, which reached 3.3 billion pounds, and a 30% increase in net fees and commissions income, totaling 750 million pounds. Additionally, the bank's total assets grew by 10% to 115 billion pounds, with loans and advances to customers increasing by 11% to 53 billion pounds. The bank also saw a 12% rise in customer deposits, amounting to 97 billion pounds. These financial achievements reflect NBK Egypt's robust performance and strategic growth initiatives amidst a challenging economic environment.

Read the Full Zawya Article at [ https://www.zawya.com/en/business/banking-and-insurance/nbk-egypt-reports-1048mln-in-net-profit-by-the-end-of-q3-2024-hg1yfpdt ]