Browsing: Banking

Banque du Caire has signed a medium-term financing agreement worth EGP 750m with Hyde Park Developments to support the construction…

As part of Egypt’s commitment to strengthening ties and fostering collaboration with African nations, the Central Bank of Egypt (CBE)…

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), led Egypt’s delegation at the first 2025 meeting of the…

Global Finance has awarded Hisham Ezz Al-Arab, Chairperson and CEO of Egypt’s Commercial International Bank (CIB), its Lifetime Achievement Award.…

The Social Housing and Mortgage Finance Fund (SHMFF) revealed that 22 banks participating in the low-income mortgage finance initiative have…

Remittances from Egyptians working abroad remain one of the most significant and enduring sources of foreign exchange for Egypt. They…

Banque Misr has signed a credit facility agreement with Hyde Park Developments, providing EGP 2.6bn in financing to support the…

The Central Bank of Egypt (CBE) has reported a significant rise in net foreign assets (NFA) within the banking sector,…

Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and commercial banks, has experienced a dramatic recovery in…

The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing approximately 5% of the total banking market, according…