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29 September 2025 02:32 PM Madinet Masr fuels expansion plans via $5m investments
Cairo – Mubasher: Madinet Masr Housing and Development announced plans to establish real estate development projects outside Egypt, according to a bourse disclosure. The group’s board approved injecting investments of nearly $5 million to boost …
Companies Investments
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28 September 2025 05:35 PM CIB’s shareholders approve EGP 3bn capital increase
Cairo - Mubasher: The shareholders of Commercial International Bank Egypt (CIB) have approved increasing the bank’s issued and paid-in capital to EGP 33.77 billion from EGP 30.70 billion. The EGP 3.07 billion hike will be executed through the …
Banking and Finance
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24 April 2025 09:14 AM EBank to raise capital by EGP 3.7bn
Cairo – Mubasher: The board of Export Development Bank of Egypt (EBank) passed a capital hike to EGP 13.60 billion from EGP 9.89 billion, according to a bourse disclosure. The lender will increase its issued and paid-up capital by EGP 3.70 billion …
Banking and Finance
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13 April 2025 08:23 AM QNB’s consolidated profits jump to EGP 7.1bn in Q1-25
Cairo  - Mubasher:  Qatar National Bank Al Ahli (QNB) logged consolidated net profits valued at EGP 7.18 billion in the first quarter (Q1) of 2025, an annual rise from EGP 7.07 billion. Earnings per share (EPS) amounted to EGP 2.90 as of 31 March …
Banking and Finance
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25 March 2025 04:26 PM Crédit Agricole Egypt’s general assembly passes dividends for 2024
Cairo – Mubasher: The shareholders of Crédit Agricole Egypt approved cash dividends of EGP 3.20 per share for 2024, according to a bourse filing. The dividend amount was approved during the ordinary general meeting (OGM) that was held on 25 March …
Cash Dividends
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24 March 2025 07:14 PM Al Tadamun Microfinance to renew EGP 195m credit facility with QNB Bank
Cairo – Mubasher: Qatar National Bank Al Ahli (QNB) and Al Tadamun Microfinance Foundation reached an agreement to renew a credit facility worth EGP 195 million, according to a press release. This financing aims to expand the funding of …
Banking and Finance
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17 February 2025 04:53 PM Al Baraka Bank-Egypt sees higher profits in 2024; dividends unveiled
Cairo – Mubasher: Al Baraka Bank-Egypt posted consolidated net profits valued at EGP 3 billion in 2024, compared to EGP 2.21 billion. Net income from funds climbed to EGP 5.99 billion last year from EGP 4.37 billion in 2023, according to the …
Banking and Finance
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17 February 2025 11:46 AM NBK-Egypt logs EGP 7.3bn net profits in 2024
Cairo – Mubasher: National Bank of Kuwait - Egypt (NBK-Egypt) logged net profits worth EGP 7.30 billion (KWD 51.90 million ) in  2024, an annual leap of 81% from EGP 4.02 billion (KWD 41.40 million). Net operating income stood at EGP 13.50 billion …
Financial Results
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10 February 2025 10:59 AM ADIB Egypt’s consolidated profits exceed EGP 9bn in 2024; capital raise approved
Cairo – Mubasher: Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) posted higher consolidated net profits at EGP 9.01 billion at the end of December 2024, compared to EGP 4.67 billion in 2023, according to the financial results. Basic earnings per …
Corporate Actions
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5 February 2025 07:48 PM Crédit Agricole Egypt’s consolidated profits leap 55.5% in 2024; deposits exceed EGP 95.4bn
Cairo – Mubasher: Crédit Agricole Egypt witnessed 55.43% year-on-year (YoY) higher consolidated net profits at EGP 8.03 billion in 2024, compared to EGP 5.16 billion. The EGX-listed lender reported interest income amounting to EGP 17.94 at the end …
Banking and Finance
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13 January 2025 08:08 AM MAFI’s new industrial complex targets global markets; major banking alliance leads financing
Cairo - Mubasher: MAFI Agricultural Produce Industries secured long-term joint financing of $108 million from an alliance led by Banque Misr, Suez Canal Bank and Al Baraka Bank-Egypt. MAFI also obtained $72 million through equity investments from …
Banking and Finance
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2 January 2025 04:28 PM EFG Hermes concludes advisory on CIRA university’s EGP 500m bond issue; listed banks included
Cairo – Mubasher: The investment banking division of EFG Hermes, an EFG Holding company, has completed advisory on a future cash flow securitisation issue for Badr University in Assiut (BUA), one of Cairo For Investment And Real Estate …
Bonds
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31 December 2024 04:17 PM EFG Hermes closes advisory on Premium Card’s EGP400m issue
Cairo – Mubasher: EFG Hermes, an EFG Holding Company and MENA’s leading investment bank, has concluded advisory on the EGP 400 million securitised bond issue for Premium International for Credit Services, known as Premium Card. The transaction …
Bonds
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2 December 2024 00:55 PM Suez Canal Bank exits 4 subsidiaries for EGP 142m
Cairo – Mubasher: Suez Canal Bank sold its shares in four subsidiaries at a combined value of EGP 142 million, according to a bourse filing. The lender sold a total of 39.66% of Al Shorouk Industrial Fibers Company’s (Al Sharif Market) shares.  It …
Banking and Finance
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2 December 2024 09:36 AM Banque du Caire posts higher profits in 9M-24; total assets cross EGP 477.8bn
Cairo – Mubasher: The standalone net profits of Banque du Caire jumped to EGP 8.63 billion in the first nine months (9M) of 2024 from EGP 4.54 billion in 9M-23, according to the financial results. The EGX-listed lender recorded net interest income …
Banking and Finance
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1 December 2024 11:28 AM NBK-Egypt’s net profits surge 101% in 9M-24
Cairo – Mubasher: National Bank of Kuwait - Egypt (NBK-Egypt) generated net profits of EGP 5.20 billion in the first nine months (9M) of 2024, an annual leap of 101% from EGP 2.60 billion. Net operating income stood at EGP 9.70 billion as of 30 …
Banking and Finance
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26 November 2024 02:40 PM Al Baraka Bank-Egypt launches mobile banking app to enhance services
Cairo – Mubasher: Al Baraka Bank-Egypt has launched its new mobile banking application as part of its 2023–2025 strategy, according to a press release. The lender provided a comprehensive upgrade to its Internet banking service, focusing on both …
Banking and Finance
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25 November 2024 03:27 PM IFC grants CIB $150m loan to drive financial inclusion in Egypt
Cairo – Mubasher: Commercial International Bank-Egypt (CIB) and International Finance Corporation (IFC) extended a partnership to strengthen the bank's capital position through a $150 million loan. IFC will help CIB to support micro, small, and …
Banking and Finance
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19 November 2024 10:59 AM ADIB Egypt to invest EGP 1bn to drive digital transformation
Cairo – Mubasher: Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) plans to invest approximately EGP 1 billion in the digital sector during the upcoming period, according to a bourse filing. The announcement aligns with the EGX-listed lender’s …
Banking and Finance
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18 November 2024 11:29 AM HD Bank generates 98% higher consolidated profits in 9M-24
Cairo – Mubasher: Housing and Development Bank (HD Bank) logged consolidated net profits valued at EGP 9.40 billion in the first nine months (9M) of 2024, higher by 98.10% than EGP 4.74 billion in 9M-23. Net interest income reached EGP 13.26 …
Banking and Finance
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17 November 2024 10:50 AM EBank logs EGP 3.9bn consolidated profits in 9M-24; assets cross EGP 172bn
Cairo – Mubasher: Export Development Bank of Egypt (EBank) achieved EGP 3.95 billion in consolidated net profit during the first nine months (9M) of 2024, higher than EGP 2.29 billion in 9M-23. The EGX-listed lender posted net income from funds …
Financial Results
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13 November 2024 11:17 AM Al Baraka Bank-Egypt registers EGP 2.2bn consolidated profits in 9M-24
Cairo – Mubasher: Al Baraka Bank-Egypt generated EGP 2.21 billion in consolidated net profit during the first nine months (9M) of 2024, higher than EGP 1.60 billion in 9M-23, according to the financial results. The lender posted net income from …
Financial Results
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11 November 2024 10:27 AM ADIB Egypt’s consolidated profits surpass EGP 6.8bn in 9M-24
Cairo – Mubasher: Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) registered EGP 6.80 billion in consolidated net profit during the first nine months (9M) of 2024, versus EGP 3.55 billion in 9M-23. Net income from funds amounted to EGP 11.03 billion …
Banking and Finance
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10 November 2024 09:26 AM EG Bank generates 81% higher consolidated profits in 9M-24
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) logged consolidated net profits valued at EGP 1.91 billion in the first nine months (9M) of 2024, higher by 81% than EGP 1.06 billion in 9M-23. Net interest income amounted to EGP 16.01 billion in …
Financial Results
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7 November 2024 00:22 PM Crédit Agricole Egypt’s consolidated profits surpass EGP 6bn in 9M-24
Cairo – Mubasher: Crédit Agricole Egypt logged consolidated net profits valued at EGP 6.08 billion in the first nine months (9M) of 2024, higher than EGP 3.81 billion in 9M-23. Net interest income amounted to EGP 8.21 billion in 9M-24, marking an …
Financial Results