said abdo

Suez Canal Bank supports economic empowerment of small-scale fishermen

Banking said abdo -
Suez Canal Bank has partnered with Sonaa El Kheir Foundation to implement the “Marakeb Rezk” initiative in Kebrit El...

United Bank launches range of savings, investment products

Banking said abdo -
United Bank has launched a new range of savings and investment products, as well as Sharia-compliant sukuk, offering customers...

Banque du Caire raises returns on Mega Savings, Daily Current Account

Banking said abdo -
Banque du Caire has raised interest rates on several of its savings products as part of its strategy to...

IDB, Urban Development Fund sign protocol to expand homeownership financing

Banking said abdo -
The Industrial Development Bank (IDB) and the Urban Development Fund (UDF) have signed a cooperation protocol covering the sale...

Egypt’s net international reserves rise to $57.214bn in August

Banking said abdo -
Egypt’s net international reserves rose by $920 million to reach $57.214 billion in August 2026, up from $56.294 billion...

CIB completes EGP 1.383bn securitisation issuance for Egypt’s MSMEDA

Banking said abdo -
Commercial International Bank – Egypt (CIB) has successfully completed the first EGP 1.383bn securitisation issuance for Capital Securitization Company...
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Egyptian banking sector net foreign assets rise to $28.418bn in July 2026: CBE

Banking said abdo -
The Central Bank of Egypt (CBE) said the banking sector’s net foreign assets rose to $28.418bn in July 2026,...

NBE’s corporate finance, syndicated loans portfolio reaches EGP 5.5trn in June 2026

Banking said abdo -
The National Bank of Egypt’s (NBE) corporate finance and syndicated loans portfolio recorded steady growth during the current financial...

HDB conducts cyberattack simulation exercise with Unit 42

Banking said abdo -
The Housing and Development Bank (HDB) has conducted a cyberattack simulation exercise, known as a Tabletop Exercise, in cooperation...

CIB launches first Executive Master’s programme in Banking, Credit with AUC

Banking said abdo -
The Commercial International Bank – Egypt (CIB) has signed a strategic memorandum of understanding (MoU) with the American University...

SODIC secures EGP 7.5bn CIB facility to finance June North Coast project

Banking said abdo -
SODIC has signed a medium-term facility agreement worth EGP 7.5bn with Commercial International Bank – Egypt (CIB) to finance...

Banque Misr Clarifies the Place of Its UAE Department Relating to the U.S. Regulatory Motion

Banking said abdo -
With regards to the announcement by the U.S. Division of the Treasury relating to the taking of a regulatory...
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