{"id":553455,"date":"2021-12-05T03:52:30","date_gmt":"2021-12-05T03:52:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/"},"modified":"2021-12-05T03:52:30","modified_gmt":"2021-12-05T03:52:30","slug":"earnings-watch-qalaa-juhayna-bdc-report-3q2021-results","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/","title":{"rendered":"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results"},"content":{"rendered":"<p><strong>Qalaa Holdings\u2019 net losses narrowed slightly to EGP 440.7 mn in 3Q2021<\/strong>, down 0.6% y-o-y, according to the company\u2019s <a href=\"https:\/\/ent.news\/2021\/12\/QH-NR-3Q21-Earnings-Press-Release-EA-FINAL.docx.pdf\">earnings release (pdf)<\/a>. Revenues soared 46% y-o-y to EGP 12.8 bn during the quarter, which the company says was buoyed by \u201ca global rally in commodity prices and improved refining margins\u201d at the Egyptian Refining Company (ERC).<\/p>\n<p><strong>Qalaa is \u201cin the right spot\u201d to capitalize on several global and domestic trends going forward<\/strong>, said Qalaa Chairman and founder Ahmed Heikal, who expects supply chain bottlenecks and energy shortages in China to give \u201cpricing power to global producers in almost all sectors.\u201d Heikal also sees Qalaa capitalizing on a pick-up in global inflation, which will favor companies that rely on local components and resources, while rising pressure on Egypt\u2019s trade deficit will continue to support local manufacturing. The global push towards climate-friendly energy, coupled with the rise in hydrocarbon prices, will also \u201cencourage the shift to renewables,\u201d which Heikal notes is \u201ca key focus\u201d for Taqa Arabia in the coming period.<\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>Juhayna\u2019s net income rose 28% y-o-y to EGP 490 mn in 9M2021<\/strong>, according to the latest <a href=\"https:\/\/ent.news\/2021\/12\/Juhayna-Earnngs-3Q2021.pdf\">f<\/a><a href=\"https:\/\/ent.news\/2021\/12\/Juhayna-Earnngs-3Q2021.pdf\">inancial statement (pdf)<\/a> released by the dairy giant. Revenues for the period increased 16% to EGP 6.5 bn.<\/p>\n<p><strong>Banque du Caire\u2019s net income increased <\/strong><strong>8%<\/strong><strong> y-o-y to EGP 2.7 bn in 3Q2021<\/strong>, according to a statement picked up by <a href=\"https:\/\/bit.ly\/31j4KtY\">Hapi Journal<\/a>. The state-owned bank\u2019s revenues rose 3% during the quarter to EGP 7.7 bn.<\/p>\n<p><em><strong>CORRECTION- <\/strong>A previous version of this piece had 9M2021 confused for 3Q2021 in the Juhayna story.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qalaa Holdings\u2019 net losses narrowed slightly to EGP 440.7 mn in 3Q2021, down 0.6% y-o-y, according to the company\u2019s earnings release (pdf). Revenues soared 46% y-o-y to EGP 12.8 bn during the quarter, which the company says was buoyed by \u201ca global rally in commodity prices and improved refining margins\u201d at the Egyptian Refining Company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7208],"tags":[204,726,302,409,72,1027,613],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553455","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-banking","tag-banque-du-caire","tag-earnings","tag-earnings-watch","tag-enterpriseam","tag-juhayna","tag-qalaa-holdings","wpautop","entry"],"acf":{"mongo_id":"794582c3-9633-4b87-8f9f-14898133ef49","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553441],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results\" \/>\n<meta property=\"og:description\" content=\"Qalaa Holdings\u2019 net losses narrowed slightly to EGP 440.7 mn in 3Q2021, down 0.6% y-o-y, according to the company\u2019s earnings release (pdf). Revenues soared 46% y-o-y to EGP 12.8 bn during the quarter, which the company says was buoyed by \u201ca global rally in commodity prices and improved refining margins\u201d at the Egyptian Refining Company [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-05T03:52:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results\",\"datePublished\":\"2021-12-05T03:52:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\"},\"wordCount\":257,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"Banque du Caire\",\"earnings\",\"earnings watch\",\"EnterpriseAM\",\"Juhayna\",\"Qalaa Holdings\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\",\"name\":\"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-12-05T03:52:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/","og_locale":"en_US","og_type":"article","og_title":"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results","og_description":"Qalaa Holdings\u2019 net losses narrowed slightly to EGP 440.7 mn in 3Q2021, down 0.6% y-o-y, according to the company\u2019s earnings release (pdf). Revenues soared 46% y-o-y to EGP 12.8 bn during the quarter, which the company says was buoyed by \u201ca global rally in commodity prices and improved refining margins\u201d at the Egyptian Refining Company [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-12-05T03:52:30+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results","datePublished":"2021-12-05T03:52:30+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/"},"wordCount":257,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["banking","Banque du Caire","earnings","earnings watch","EnterpriseAM","Juhayna","Qalaa Holdings"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/","name":"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-12-05T03:52:30+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/earnings-watch-qalaa-juhayna-bdc-report-3q2021-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":557239,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/qalaa-losses-ease-in-2q2021-on-stronger-revenues\/","url_meta":{"origin":553455,"position":0},"title":"Qalaa losses ease in 2Q2021 on stronger revenues","author":"enterpriseam admin","date":"12 September 2021","format":false,"excerpt":"Qalaa Holdings\u2019 losses eased to EGP 401.5 mn in 2Q2021 from EGP 712.1 mn in the same period last year, according to the company\u2019s earnings release (pdf). Revenues were up 37% y-o-y to hit EGP 10.2 bn in the April-June period, extending pandemic-era growth that saw the company\u2019s top line\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/146.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546194,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/qalaa-losses-narrow-in-2021\/","url_meta":{"origin":553455,"position":1},"title":"Qalaa losses narrow in 2021","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"Rising revenues helped Qalaa Holdings to narrow its losses to EGP 2.3 bn in 2021 from EGP 2.6 bn the year before, according to the company\u2019s full year earnings release (pdf). Revenues rose 27% y-o-y to EGP 45.8 bn during the 12-month period on higher commodity prices and improved refining\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572663,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/05\/qalaa-holdings-reports-1q2020-results\/","url_meta":{"origin":553455,"position":2},"title":"Qalaa Holdings reports 1Q2020 results","author":"enterpriseam admin","date":"5 July 2020","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings\u2019 revenues soared 191% y-o-y in 1Q2020 to EGP 10.4 bn, the company said in its quarterly earnings release (pdf). The revenue growth came as Qalaa\u2019s flagship greenfield Egyptian Refining Company \u2014 which began operating at 100% capacity in 2019 \u2014 began booking sales revenue as an\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591942,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/qalaa-holdings-revenues-rose-21-y-o-y-in-3q2019\/","url_meta":{"origin":553455,"position":3},"title":"Qalaa Holdings revenues rose 21% y-o-y in 3Q2019","author":"enterpriseam admin","date":"22 December 2019","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings revenues rose 21% y-o-y in 3Q2019 to EGP 3.9 bn on the back of a broad-based expansion in volumes at TAQA Arabia, the company\u2019s energy platform, Qalaa said in its earnings release (pdf). TAQA booked a y-o-y growth of 30% in 3Q219. Qalaa Holdings booked a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595499,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/earnings-watch-qalaa-holdings-revenues-rise-8-y-o-y-in-2q2019\/","url_meta":{"origin":553455,"position":4},"title":"Earnings watch: Qalaa Holdings revenues rise 8% y-o-y in 2Q2019","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings\u2019 revenues rose 8% y-o-y in 2Q2019 to EGP 3.5 bn \u201cdriven by solid top line performance at TAQA Arabia,\u201d the company\u2019s energy platform, Qalaa said in its earnings release (pdf). TAQA\u2019s revenues grew 33% y-o-y during the quarter. ERC set to come online in 4Q2019: The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571249,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/05\/earnings-watch-cib-qalaa-holdings-report-1q2020-earnings\/","url_meta":{"origin":553455,"position":5},"title":"Earnings watch: CIB, Qalaa Holdings report 1Q2020 earnings","author":"enterpriseam admin","date":"5 May 2020","format":false,"excerpt":"EARNINGS WATCH- CIB profits fall 9% in 1Q2020: CIB\u2019s net profits fell 9% y-o-y to EGP 2.4 bn during the first quarter of 2020 as the country\u2019s largest private-sector bank took larger provisions in the first quarter \u201cto ensure the Bank\u2019s continued solid financial position remains intact amidst current uncertainties,\u201d\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553455"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553455\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553441"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553455"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553455"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}