Al Watani Bank Of Egypt
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Al Watani Bank Of Egypt
The National Bank of Kuwait - Egypt is an Egyptian bank, and a subsidiary of the National Bank of Kuwait. The Al Watany Bank of Egypt was founded in May 1980 by several Egyptian businessmen as a joint Stock Company under the provisions of Law 43/1974 with two branches in Cairo. It grew in a promising economy and gradually established a reputation as the leading bank for small and medium-size businesses within the Egyptian market. In August 2007, the National Bank of Kuwait (NBK) acquired a 51% stake in Al Watany for US $516 million. The offer was extended to other shareholders and by October 2007, the National Bank of Kuwait had acquired a total of 93.77% stake in the bank for a cost of over US $900 million by October 2007. The purchase marked the entry of the National Bank of Kuwait into the Egyptian market for the first time and represented a significant s ...
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Cairo
Cairo ( ; ar, القاهرة, al-Qāhirah, ) is the Capital city, capital of Egypt and its largest city, home to 10 million people. It is also part of the List of urban agglomerations in Africa, largest urban agglomeration in Africa, List of largest cities in the Arab world, the Arab world and List of largest metropolitan areas of the Middle East, the Middle East: The Greater Cairo metropolitan area, with a population of 21.9 million, is the Megacity, 12th-largest in the world by population. Cairo is associated with ancient Egypt, as the Giza pyramid complex and the ancient cities of Memphis, Egypt, Memphis and Heliopolis (ancient Egypt), Heliopolis are located in its geographical area. Located near the Nile Delta, the city first developed as Fustat, a settlement founded after the Muslim conquest of Egypt in 640 next to an existing ancient Roman empire, Roman fortress, Babylon Fortress, Babylon. Under the Fatimid Caliphate, Fatimid dynasty a new city, ''al-Qāhirah'', was foun ...
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Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in ...
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Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financia ...
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National Bank Of Kuwait
The National Bank of Kuwait (NBK) was founded in 1952. It is the largest financial institution in Kuwait Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the nort .... With branches and subsidiaries in China, Geneva, London, Paris, New York and Singapore. And a regional presence across the Middle East in Lebanon, Jordan, Egypt, Bahrain, Saudi Arabia, Iraq, Turkey, and the UAE. The group reported a net profit after non-controlling interests of KD 370.7 million compared to KD 322.4 million for 2017, an increase of 15%. Operating profit amounted to KD 606.9 million as compared to KD 557.2 million in 2017, an increase of 8.9%. Net interest income and net income from Islamic financing at KD 690.5 million reflects a 9.8% increase on 2017 (KD 629 million). Net fees and commissions at KD 150.2 mill ...
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The America's Intelligence Wire
The America's Intelligence Wire is a daily general newswire service. The news service is owned and published by Financial Times, Ltd, which also operates companion newswire Europe Intelligence Wire. See also * Business and Company Resource Center, Gale Cengage Learning Gale is a global provider of research and digital learning resources. The company is based in Farmington Hills, Michigan, west of Detroit. It has been a division of Cengage since 2007. The company, formerly known as Gale Research and the Gale G ..., 2009 References News agencies based in the United States {{Journalism-stub ...
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Alexandria
Alexandria ( or ; ar, ٱلْإِسْكَنْدَرِيَّةُ ; grc-gre, Αλεξάνδρεια, Alexándria) is the second largest city in Egypt, and the largest city on the Mediterranean coast. Founded in by Alexander the Great, Alexandria grew rapidly and became a major centre of Hellenic civilisation, eventually replacing Memphis, in present-day Greater Cairo, as Egypt's capital. During the Hellenistic period, it was home to the Lighthouse of Alexandria, which ranked among the Seven Wonders of the Ancient World, as well as the storied Library of Alexandria. Today, the library is reincarnated in the disc-shaped, ultramodern Bibliotheca Alexandrina. Its 15th-century seafront Qaitbay Citadel is now a museum. Called the "Bride of the Mediterranean" by locals, Alexandria is a popular tourist destination and an important industrial centre due to its natural gas and oil pipelines from Suez. The city extends about along the northern coast of Egypt, and is the largest city ...
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Giza
Giza (; sometimes spelled ''Gizah'' arz, الجيزة ' ) is the second-largest city in Egypt after Cairo and fourth-largest city in Africa after Kinshasa, Lagos and Cairo. It is the capital of Giza Governorate with a total population of 9.2 million as of 2021. It is located on the west bank of the Nile, southwest of central Cairo, and is a part of the Greater Cairo metropolis. Giza lies less than north of Memphis (''Men-nefer''), which was the capital city of the first unified Egyptian state from the days of the first pharaoh, Narmer. Giza is most famous as the location of the Giza Plateau, the site of some of the most impressive ancient monuments in the world, including a complex of ancient Egyptian royal mortuary and sacred structures, including the Great Sphinx, the Great Pyramid of Giza, and a number of other large pyramids and temples. Giza has always been a focal point in Egypt's history due to its location close to Memphis, the ancient pharaonic capital of the O ...
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Mansoura
Mansoura (' , rural: ) is a city in Egypt, with a population of 960,423. It is the capital of the Dakahlia Governorate. Etymology ''Mansoura'' in Arabic means "victorious". The city is named after the El Mansoura Battle against Louis IX of France during the Seventh Crusade. History Mansoura was established in 1219 by al-Kamil of the Ayyubid dynasty upon a Phatmetic branch of the Nile on a place of several older villages like Al-Bishtamir () and Kafr al-Badamas (, from , "river,canal"). After the Egyptians defeated the Crusaders during the Seventh Crusade, it was named ''Mansoura'' (aka. "The Victorious"). In the Seventh Crusade, the Capetians were defeated and put to flight; between fifteen and thirty thousand of their men fell on the battlefield. Louis IX of France was captured in the main Battle of Fariskur, and confined in the house of Ibrahim Ibn Lokman, secretary of the sultan, and under the guard of the eunuch Sobih. The king's brother was imprisoned in the same ...
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Sohag
Sohag ( , ), also spelled as ''Sawhāj'', ''Suhag'' and ''Suhaj'', is a city on the west bank of the Nile in Egypt. It has been the capital of Sohag Governorate since 1960, before which the capital was Girga and the name of the governorate was Girga Governorate. It also included Esna Governorate (nowadays Qena Governorate). History The modern city developed from the village of ''Suhay'' () (or ''Sumay''), the name of which eventually transformed into Suhaj, and is located on the site of several ancient settlements, the largest of which is ''Bompae'' (; or ). The others include ''Tmupaie'' (, ), ''Bay'' (, possibly an Arabisation of the aforementioned "Paha") and ''Sawaqi'' (). Geography Sohag lies on a fertile agricultural plain on the western bank of the Nile, approximately southwest of Akhmim. The city includes two islands; Karaman-ez-Zahur Island is larger and uninhabited, and ez-Zahur Island (جزيرة الزهور, Ǧazīrat az-Zuhur, "Flower Island") has some ho ...
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List Of Banks
Lists of banks are contained in the following articles: By continent * List of banks in Africa – Each country in Africa has a list of banks operating in that country * List of banks in Asia – Asia has a list of banks operating in that country * List of banks in the Americas – Each country in the Americas has a list of banks with operations in that country * List of banks in Europe – Each country in Europe has a list of banks operating in that country * List of banks in Oceania – Each country in Oceania has a list of banks operating in that country By super continent or intercontinental region * List of banks in the Arab world – Each Arab country has a list of banks operating in that country * List of largest banks in Southeast Asia – Each country in Southeast Asia has a list of banks with operations in that country Other lists * List of international banking institutions – List of international and multilateral financial institutions * List of syst ...
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List Of Banks In Egypt
List of banks in Egypt shows a list format description of the banks currently, or at some recent time, existing within Egypt Banks Registered with the Central Bank of Egypt # National Bank of Egypt # Banque Misr # Banque du Caire # The United Bank of Egypt # Housing and Development Bank # Suez Canal Bank # Agricultural Bank of Egypt # Egyptian Arab Land Bank # Industrial Development Bank of Egypt # Export Development Bank of Egypt # Commercial International Bank (CIB) # Arab African International Bank # Arab International Bank # Arab Investment Bank (AIBK) # Emirates NBD # Abu Dhabi Islamic Bank (ADIB) # Abu Dhabi Commercial Bank - Egypt # First Abu Dhabi Bank (FAB) # Mashreq Bank # Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) # National Bank of Kuwait - Egypt (NBK-Egypt) # Qatar National Bank Al Ahli (QNB Alahli) # Bank of Alexandria # Société Arabe Internationale de Banque (SAIB) # Credit Agricole Egypt # Ahli United Bank # Faisal Islamic Bank of Egypt # Al Bar ...
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