Sunday 1 May 2016
 
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Egypt unit

EU bank to invest $100m in Savola Egypt unit

Saudi Arabia's largest food products company, Savola Group, said on Tuesday the European Bank for Reconstruction and Development (EBRD) will invest $100 million in one of its indirect subsidiaries in Egypt. The investment in U

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NBK sees Egypt unit H1 profit up 8pc

Kuwait-based NBK Group said it Egyptian subsidiary, Al Watany Bank of Egypt (AWB) has registered EGP 230.6 million ($40.5 million) net profit for the first half, up eight per cent compared to the same period last year. AWB had posted a net

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