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…
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…
Al Ahly Pharos closes landmark EGP 2.8bn Musharaka Sukuk for Bab Masr Development
Al Ahly Pharos Investment Banking, the investment banking arm of the National…
22 banks offer EGP 79.2bn in mortgage financing, supporting 599,512 low-income clients as of February 2025
The Social Housing and Mortgage Finance Fund (SHMFF) revealed that 22 banks…
EGP 9.3bn allocated to 44,400 farmers under National Veal Project: Agriculture Minister
The National Veal Project, led by Minister of Agriculture and Land Reclamation…
Al Ahly Capital boosts stake in Easy Lease to 97.55% in strategic acquisition
Al Ahly Capital Holding, the investment arm of the National Bank of…
Al-Ahly Mortgage Finance aims to grow portfolio to EGP 4bn by 2024-end
Hatem Amer, Managing Director of Al-Ahly Mortgage Finance, a subsidiary of the…
Banks in Egypt report EGP 426.911bn in net profits for 9M 2024
The Central Bank of Egypt (CBE) has announced that banks operating in…
Egyptian banking alliance grants EGP 4.235bn to Al-Zahi Group for development projects
Three leading Egyptian banks—the National Bank of Egypt (NBE), Banque Misr, and…
Three banks arrange EGP 5bn syndicated loan for NERIC
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry…