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Al Ahli Bank of Kuwait – Egypt sponsors the 15th edition of the Kuwaiti Business week in Egypt to Foster Bilateral Cooperation

In continuation of the ongoing efforts to strengthen Egyptian-Kuwaiti relations, Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) recently sponsored the 15th edition of Kuwaiti Business Week in Egypt.  The event was held under the auspices of His Excellency Dr. Mostafa Madbouly, Egyptian Prime Minister and the Kuwaiti Embassy in Cairo, and was organized by Jabriya Exhibition Group, with the attendance of several ministers and diplomats from both countries.

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Al Ahli Bank of Kuwait- Egypt records EGP 5.4 billion Net Profit for the nine – month period ended 30 September 2024

Al Ahli Bank of Kuwait - Egypt reported exceptional growth across all key financial indicators for the nine-month period ended 30 September 2024, recording a notable increase in Net Profit by 131%, reaching EGP 5.4 billion compared to EGP 2.3 billion in the same period last year. Net Interest Income grew by 63% reaching EGP 4.7 billion compared to EGP 2.9 billion in the nine months ending September 2023, and Net Fees & Commissions Income increased by 44% to reach EGP 1.2 billion compared to EGP 838 million during the same period last year.

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