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…
Banque Misr partners with MSMEDA in EGP 200m agreement to bolster small enterprises, expand working capital
Ahmed Eissa, Executive Vice President of Banque Misr, has signed a landmark…
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,…