Finance minister unveils EGP 5bn cash payout for 2,000 exporters on 7 August
Ahmed Kouchouk, Minister of Finance, announced that around 2,000 exporting companies will…
NBE, Banque Misr report EGP 6bn capital gains from joint land sales, eye further EGP 1bn from upcoming auctions
Ahmed El-Saeed, Executive Head of Investments and Trust Funds at the National…
Industrial Development Bank posts EGP 1.7bn in pre-provision profits for 2024
The Ordinary and Extraordinary General Assemblies of the Industrial Development Bank (IDB)…
Half of exporters’ dues for pre-June 2024 shipments to be paid in cash starting 7 August: Finance Minister
Ahmed Kouchouk, Minister of Finance, announced that 50% of the outstanding dues…
Egypt’s Finance Ministry Honours Talaat Moustafa Group for Tax System Support
Egypt's Ministry of Finance has honoured Talaat Moustafa Group, the National Bank…
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…
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…
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…
Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025
Banque Misr announced it arranged, led, and marketed six syndicated loan deals…