IFC provides $150m loan to CIB to support MSMEs in Egypt
The International Finance Corporation (IFC) has announced a $150m financing package for…
ADIB Egypt invests EGP 1bn in technological infrastructure, digital transformation
Abu Dhabi Islamic Bank Egypt (ADIB) has announced plans to invest approximately…
Saib Bank achieves net profit of EGP 1.28bn in September 2024, with 118% growth
Saib Bank reported a 118% increase in net profit, reaching EGP 1.28bn,…
Islamic banking in Egyptian market increases to EGP 1.080trn in September 2024
The Egyptian Islamic Finance Association (EIFA) reported that the volume of Islamic…
Inflation to stabilize until late 2024 despite upward risks: CBE
The Central Bank of Egypt (CBE) expects inflation to stabilize at its…
Banque Misr arranges EGP 2.8bn worth of syndicated funding to Landmark Development
A banking alliance, led by Banque Misr, provided syndicated financing worth EGP…
United Bank to launch private placement on EGX
Egypt’s United Bank has announced the opening of the private placement market…
ADIB-Egypt receives Global Finance Magazine’s “Best Islamic Financial Institution in Egypt” award for 7th year
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) received Global Finance Magazine’s "Best Islamic Financial…
Annual urban inflation remains stable at 26.5% in October: CBE
Egypt’s annual urban headline inflation remained broadly stable for the third consecutive…
MIDBANK offers over EGP 2bn in syndicated facility to four mega projects
MIDBANK has announced its participation in a syndicated facility to finance several…