Browsing: EGP

First Abu Dhabi Bank Misr (FABMISR) is leading an EGP 4.2bn syndicated loan for Redcon Properties to finance its “Golden…

The volume of Islamic banking in Egypt reached EGP 1.079trn in March 2025, marking a year-on-year increase of EGP 379bn…

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks and mortgage finance companies have disbursed a total…

United Bank has reported standalone pre-tax profits of EGP 1.013bn for the first quarter (Q1) of 2025, achieving a 59%…

The Industrial Development Bank (IDB) has taken part in two significant Sukuk issuances during the first half of 2025, with…

The National Bank of Egypt (NBE) and Banque Misr announced interest rate cuts of 1% on their Egyptian pound-denominated savings…

Manal Awad, Egypt’s Minister of Local Development, met with a World Bank delegation to assess progress in the Upper Egypt…

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi Commercial Bank–Egypt (ADCB), has arranged a syndicated loan…

Suez Canal Bank reported net profits of EGP 1.3bn for the first quarter (Q1) of 2025, more than double the…

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement on Tuesday with Winlong Lu, Chairperson…