{"id":603141,"date":"2019-04-16T03:54:20","date_gmt":"2019-04-16T03:54:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/"},"modified":"2019-04-16T03:54:20","modified_gmt":"2019-04-16T03:54:20","slug":"nbk-sees-egypt-and-saudi-as-growth-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/","title":{"rendered":"NBK sees Egypt and Saudi as growth markets"},"content":{"rendered":"

<\/a> Egypt and Saudi are among the markets the National Bank of Kuwait sees growth in<\/b>, Group Deputy CEO Shaikha Khaled Al Bahar told Bloomberg TV (watch, runtime: 06:56<\/a>). NBK is the latest foreign bank to see Egypt as a source of growth for its operations. HSBC<\/a> and Lebanon\u2019s Blom Bank<\/a> had previously said Egypt is part of their positive outlook for the region. Kuwait\u2019s biggest lender reported a 15.1% increase in its 1Q2019 profits earlier this week, Reuters reported<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt and Saudi are among the markets the National Bank of Kuwait sees growth in, Group Deputy CEO Shaikha Khaled Al Bahar told Bloomberg TV (watch, runtime: 06:56). NBK is the latest foreign bank to see Egypt as a source of growth for its operations. HSBC and Lebanon\u2019s Blom Bank had previously said Egypt is […]<\/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":[8572],"tags":[204,72,3227,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603141","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-banking","tag-enterpriseam","tag-national-bank-of-kuwait","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"58610d9f-24c6-4bd7-a1f0-5b77b859604e","is_powered_by":true,"section_story_id":"582c782c-1160-4b8d-86ae-c886dc2e3ac8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[603129],"teaser":"","voice_url":""},"yoast_head":"\nNBK sees Egypt and Saudi as growth markets - 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\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBK sees Egypt and Saudi as growth markets\" \/>\n<meta property=\"og:description\" content=\"Egypt and Saudi are among the markets the National Bank of Kuwait sees growth in, Group Deputy CEO Shaikha Khaled Al Bahar told Bloomberg TV (watch, runtime: 06:56). NBK is the latest foreign bank to see Egypt as a source of growth for its operations. HSBC and Lebanon\u2019s Blom Bank had previously said Egypt is […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-16T03:54:20+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBK sees Egypt and Saudi as growth markets\",\"datePublished\":\"2019-04-16T03:54:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"EnterpriseAM\",\"National Bank of Kuwait\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\",\"name\":\"NBK sees Egypt and Saudi as growth markets - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-04-16T03:54:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBK sees Egypt and Saudi as growth markets\"}]},{\"@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":"NBK sees Egypt and Saudi as growth markets - 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\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/","og_locale":"en_US","og_type":"article","og_title":"NBK sees Egypt and Saudi as growth markets","og_description":"Egypt and Saudi are among the markets the National Bank of Kuwait sees growth in, Group Deputy CEO Shaikha Khaled Al Bahar told Bloomberg TV (watch, runtime: 06:56). 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In Egypt, NBK plans to have 60 branches\u2026","rel":"","context":"In "Speed Round"","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":645532,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/nbk-egypt-earnings-for-1h2017\/","url_meta":{"origin":603141,"position":1},"title":"NBK Egypt earnings for 1H2017","author":"enterpriseam admin","date":"24 July 2017","format":false,"excerpt":"EARNINGS WATCH- The National Bank of Kuwait - Egypt reported a 78.4% year-on-year jump in net profit during 1H2017, which came in at EGP 727 mn, according to a regulatory filing to the EGX.","rel":"","context":"In "Speed Round"","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":596827,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/economic-growth-to-remain-stable-over-the-coming-two-years-nbk\/","url_meta":{"origin":603141,"position":2},"title":"Economic growth to remain stable over the coming two years -NBK","author":"enterpriseam admin","date":"9 July 2019","format":false,"excerpt":"Economic growth to remain stable over the coming two years -NBK: Egypt\u2019s economic growth is set to remain stable over the coming two years, with GDP expanding at a 5.2% clip during the current fiscal year and 5.0% in FY2020-2021, the National Bank of Kuwait (NBK) forecasts in a new\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/1388.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":653002,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/nbk-4q2016-profits-increase-but-says-business-was-impacted-by-egp-float\/","url_meta":{"origin":603141,"position":3},"title":"NBK 4Q2016 profits increase, but says business was impacted by EGP float","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"National Bank of Kuwait (NBK) was also impacted by the EGP flotation. \u201cThe move by Egypt's government in November to devalue the Egyptian currency resulted in a dip in the value of assets and liabilities held by its Egyptian subsidiary when converted to dinars, NBK said,\u201d as per Reuters. The\u2026","rel":"","context":"In "Speed Round"","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":632984,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/earnings-watch-nbk-egypt-gth\/","url_meta":{"origin":603141,"position":4},"title":"Earnings watch: NBK Egypt, GTH","author":"enterpriseam admin","date":"25 February 2018","format":false,"excerpt":"EARNINGS WATCH- The National Bank of Kuwait Egypt reported a 77.07% y-o-y jump in net profit to EGP 1.5 bn in FY2017, according to the company\u2019s earnings release (pdf).EARNINGS WATCH- Global Telecom Holding (GTH) reported a net loss attributable to shareholders of USD 133 mn in 4Q2017, down from a\u2026","rel":"","context":"In "Speed Round"","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":599231,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/nbk-capital-partners-quits-talks-to-acquire-abraajs-global-credit-fund\/","url_meta":{"origin":603141,"position":5},"title":"NBK Capital Partners quits talks to acquire Abraaj\u2019s global credit fund","author":"enterpriseam admin","date":"23 June 2019","format":false,"excerpt":"M&A WATCH- NBK Capital Partners bows out of \u201cadvanced\u201d talks to acquire Abraaj\u2019s global credit fund: National Bank of Kuwait\u2019s brokerage unit NBK Capital Partners has exited advanced-stage talks to acquire a global credit fund from defunct PE firm Abraaj,Reuters reported, citing two sources familiar with the matter. 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