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