Browsing: EGP

The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has issued two pivotal decisions, No. 17 and 18…

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

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

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

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

The Housing and Development Bank (HDB) has reported a substantial increase in pre-tax and provisioned profits, reaching EGP 16.855bn in…

The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan…

Saib bank concluded 2024 with an exceptional 81% surge in net profits, reaching EGP 1.74bn compared to EGP 963m in…

Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income of EGP 12.8bn, reflecting a 78% increase from…

First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, has announced its financial results for…