Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…
Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE
The Central Bank of Egypt (CBE) has announced that local currency loans…
EBRD, Banque Misr provide $80m syndicated loan to Orange Egypt for 5G expansion
The European Bank for Reconstruction and Development (EBRD) and Banque Misr have…
NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate…
AfDB commits $746M to Egypt in 2025, targeting private sector, pharma, and clean energy
The African Development Bank (AfDB) will provide Egypt with $746m in funding…
Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project
A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…
IDB participates in two Sukuk issuances worth EGP 500m
The Industrial Development Bank (IDB) has taken part in two significant Sukuk…
United Bank reports over EGP 1bn in profits for Q1 2025
United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…
CIB partners with Lantern Ventures to boost SME growth
The Commercial International Bank (CIB) has entered into a strategic partnership with…
CBE cuts rates by 1% as inflation pressures ease, growth rebounds
The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…