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The deal is a collective contribution from Societe Arabe Internationale De Banque (SAIB), Export Development Bank of Egypt (EDBE), Suez Canal Bank, Ahli United Bank, Emirates National Bank of Dubai, Industrial Development Bank, Arab Investment Bank (AIB), Egyptian Arab Land Bank, Union National Bank, the United Bank of Egypt and Al Baraka Bank of Egypt.
Suez Cement, the Export Development Bank of Egypt, and Abu Qir Fertilizers Co.
Egypt's Central Bank is currently inundated with applications for Islamic banking licences, with Alex Bank Intesa Sanpaolo, Ahli United Bank, Industrial Development and Workers Bank of Egypt, Export Development Bank of Egypt and Barclays Bank Egypt all waiting in line to launch Islamic operations, according to a report on Arabic news site Amwal al Ghad.
He was then chief executive of the state Export Development Bank of Egypt and executive secretary of the United Nations Economic and Social Commission for Western Asia (ESCWA).
Summary: Global Investment house --Kuwait - Export Development Bank of Egypt (EDBE) Initial Coverage -- Kuwait .
Major Egyptian institutions on the short list are Shawki and Company (accountants), Bank Misr, Bank of Alexandria, Banque du Caire, Commerce International Bank and the Export Development Bank of Egypt.
A month later, the international agency lowered theFCR for Banque du Caire, Export development bank of Egypt, Arab International Bank , Arab African Bank and the National Bank of Egypt following Egypt sovereign ratings action.
Export Development Bank of Egypt (EDBE) has said that its net profit for the first half dropped by 24 percent from a year earlier to EGP109.