Hisham Ezz Al-Arab returns to CIB as experienced board member
Ezz Al-Arab got approval of Central Bank of Egypt to assume new…
Egypt’s PM transfers burden of cost of 5 low-return initiatives to 3 ministries instead of CBE
The initiatives include real estate financing for low- and middle-income people, support…
Banque du Caire establishes Cairo Exchange with authorized capital of EGP 250m
It comes within bank's role to provide diversified financial services, increase foreign…
MSMEDA allocates EGP 1.2bn to convert 150,000 cars to operate on natural gas
EGP 542m pumped to convert over 77,000 cars over the past eight…
HDB achieves 22.2% growth in net profits to EGP 1.753bn in 9M 2022
Results confirm bank’s success in implementing development strategy to achieve growth in…
Suez Canal Bank net profits jump to EGP 735m in September 2022 with 95% growth
16% growth in total assets to reach EGP 67bn
NBE pumps $424m to fund 96 companies in service, industrial, and tourism sectors
Loans directed to several areas, including machinery, with aim of reducing carbon…
Outstanding balance of T-bills, bonds registers EGP 4.275trn in September 2022: Finance Ministry
Banks operating in Egyptian market are largest investors in bonds, T-bills
HDB launches Housing & Development Properties company for real estate marketing
HDB has over 20 affiliated companies that provide integrated real estate, financing…
CIB holds panel discussion on climate change, its impact on financial, economic policies
Banks, international institutions show interest in financial sustainability