Banque Misr grants EGP 2.6bn credit facility to Hyde Park for ‘Sea Shore’ project
Banque Misr has signed a credit facility agreement with Hyde Park Developments,…
Egypt’s banking sector sees $37.8bn surge in net foreign assets over one year
Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and…
Islamic banking in Egypt increases to EGP 1.14trn in 2024
The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing…
Net foreign assets in Egypt’s banking sector surge to $8.7bn in January 2025: CBE
The Central Bank of Egypt (CBE) has reported a significant rise in…
CIB, Kenya Bankers Association launch 3rd Credit Analysis Programme for university graduates
Commercial International Bank – Egypt (CIB) and Kenya Bankers Association (KBA) have…
Egyptian remittances: Cornerstone of economic stability
Remittances from Egyptians working abroad remain one of the most significant and…
Private banks in Egypt achieve record profits in 2024
Private banks operating in the Egyptian market recorded unprecedented profits in 2024,…
CBE hosts Bank of Tanzania delegation to strengthen African financial cooperation
As part of Egypt’s commitment to deepening ties with African nations, the…
CIB successfully closes EGP 7bn Sukuk issuance for “Tasaheel”
The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign…
Egypt’s banking sector expands sustainable finance initiatives
Egypt’s banking sector, under the leadership of the Central Bank of Egypt…