Faisal Islamic Bank of Egypt (FAIT) has published its unaudited independent financial results for the fiscal year ending on September 30, 2025, showing a sharp 70.2% decrease in its net profit, to 2.47 billion Egyptian pounds (EGP), or approximately 79.8 million dollars, compared to 8.32 billion EGP (268.3 million dollars) a year earlier, according to…...
Trending
- Kenya: Adoption of a law on crypto-assets to regulate the sector and attract investments
- Tunisia: 172% increase in cumulative revenues of Tuninvest SICAR by the end of September 2025
- CEMAC: Rush of commercial banks on 1.2 billion USD from BEAC
- Egypt: Faisal Islamic Bank’s profits plunge by 70% at end of September 2025
- Sanlam Morocco positions itself in the wealth management market
- South Sudan launches its first electronic interbank payment system
- Morocco: ACAPS launches digital monitoring of the insurance market
- Togo: new minister Patoki takes office and announces his first challenge