The General Assembly of the Industrial Development Bank (IDB) has approved an increase in the bank’s issued and paid-up capital from EGP 500m to EGP...

Abu Dhabi Commercial Bank (ADCB) recently finalized a financing agreement with Al Dawlia Developments, extending a credit facility of EGP 1.45bn over...

Customer deposits in banks jump to EGP 10.617trn, credit facilities rise to EGP 5.783trn

Foreign Minister Sameh Shoukry Tuesday emphasized Egypt’s keenness on the active involvement in efforts of mediation and settling disputes along...

The World Bank has approved a $700m Development Policy Financing (DPF) package for Egypt, aimed at fostering sustainable growth, increasing private...

NNPC-TotalEnergies JV has announced a $550 million final investment decision for the Ubeta Field Development Project, meant to improve the oil and gas...

The World Bank has announced US$700 million in Development Policy Financing (DPF) for the Government of Egypt to support the country to shift toward...

Eurobank has revealed its intention to gain full control of Hellenic Bank’s share capital and voting rights, while also sharing details about the...

The Commercial International Bank announced Monday that it has eased international spending limits on all credit cards inside and outside Egypt...