Featured Egypt’s Social Housing Fund, CIB sign protocol to boost mortgage financing to EGP 12b Yomna Yasser Dec 4, 2025 0 Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with Commercial…
Featured Egypt’s SCZONE secures EGP 30b long-term CIB loan to boost port, infrastructure projects Yomna Yasser Oct 27, 2025 0 Egypt’s Suez Canal Economic Zone (SCZONE) said on Monday it secured a long-term bank financing facility worth 30…
Egypt News Egyptian pound strengthens against US dollar in early trade Yomna Yasser Sep 9, 2025 0 The Egyptian pound (EGP) firmed against the US dollar (USD) as of 11:02 a.m. Cairo time (08:02 GMT) in early trade…
Banks Egypt’s Food Industries Chamber, CIB launch sustainable SME financing Nada Ali Aug 4, 2025 0 Egypt’s Chamber of Food Industries, in partnership with the Commercial International Bank Egypt (CIB), announced on…
Banks Egypt’s Food Export Council, CIB ink deal to boost export growth Nada Ali Jun 16, 2025 0 Egypt’s Food Export Council (FEC) has signed a strategic partnership with Commercial International Bank (CIB) that…
Featured EGP opens slightly down in Wednesday early trade M.S. Salama May 21, 2025 0 The Egyptian pound (EGP) nudges down against the US dollar (USD) during early trading on Wednesday, May 21, 2025.
Featured EGP stable vs USD in early Tuesday trade M.S. Salama May 20, 2025 0 The Egyptian pound (EGP) almost stable against the US dollar (USD) during early trading on Tuesday, May 20, 2025.
Featured EGP ticks down vs USD in early Monday trade M.S. Salama May 19, 2025 0 The Egyptian pound (EGP) fluctuates against the US dollar (USD) during early trading on Monday, May 19, 2025.
Featured EGP fluctuates against USD in early Sunday trade M.S. Salama May 18, 2025 0 The Egyptian pound (EGP) fluctuated against the US dollar (USD) during early trading on Sunday, May 18, 2025.
Featured EGP mostly stable vs US dollar in Monday early trade M.S. Salama May 12, 2025 0 The Egyptian pound (EGP) is mostly stable against the US dollar (USD) during early trading on Monday, May 12, …
Initiatives MSMEDA, CIB sign MoU to support small enterprises in Egypt Aya Anwar Jan 21, 2025 0 Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has signed on Monday a memorandum of…
Featured EGP mostly stable vs USD in early Wednesday trade M.S. Salama Jan 8, 2025 0 The Egyptian pound (EGP) was mostly stable against the US dollar (USD) in early trading on Wednesday, January 08,…
The Watch EGP weakens vs USD on Sunday Aya Anwar Dec 15, 2024 0 The Egyptian pound (EGP) weakened slightly against the US dollar (USD) on Sunday, with exchange rates varying…
Featured Fitch upgrades Egypt’s banks rating Aya Anwar Nov 20, 2024 0 Fitch upgraded the credit ratings of four major Egyptian banks—National Bank of Egypt (NBE), Banque Misr (BM),…
Featured EGP sees slight rise vs. USD on Thursday opening Aya Anwar Oct 17, 2024 0 The Egyptian pound (EGP) saw a slight rise against the US dollar (USD) when trading began on Thusday, October 17,…
forex news EGP gains slight ground against USD on Monday Nada Ali Aug 5, 2024 0 The Egyptian Pound (EGP) experienced a slight appreciation against the US Dollar (USD) at the opening of trading on…
forex news EGP nudges up against USD in early Tuesday trade Nada Ali Jul 23, 2024 0 The Egyptian Pound (EGP) increased against the US Dollar (USD) at the start of trading on Tuesday, July 23, 2024.
Banks EGP down against USD in early Thursday trade Nada Ali Jun 27, 2024 0 The Egyptian Pound (EGP) depreciated against the US Dollar (USD) as trading began on Thursday, June 27, 2024.
Featured Egyptian pound vs dollar at midday trade on Tuesday Yomna Yasser May 14, 2024 0 The Egyptian pound (EGP) witnessed slight fluctuations against the US Dollar (USD) during the midday trading on…
Banks US dollar falls below EGP 49 on Tuesday Nada Ali Mar 12, 2024 0 The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, as reported by…
Egypt News Egypt never defaulted on debts – Ezz Alarab Nada Ali Mar 6, 2024 0 Egypt has never defaulted on its debts and is committed to correcting its course by utilizing foreign resources,…
Banks CIB profit hits EGP 41.6 bln in FY ’23 Nada Ali Feb 12, 2024 0 The Commercial International Bank-Egypt (CIB) recorded net pre-tax profits of 41.6 billion Egyptian pounds at the…
The Watch Sunday’s transactions saw stable dollar exchange rate vs Egypt pound Aya Anwar Dec 31, 2023 0 The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
Banks AfDB allocates $148mln to CIB Egypt for SMEs, trade enhancement Nada Ali Dec 3, 2023 0 The African Development Bank (AfDB) has granted a financial package to Commercial International Bank (CIB – Egypt)…
Arab Gulf markets take advantage from high oil prices Aya Anwar Nov 20, 2023 0 Gulf's stock market closed high on Sunday which resulted from Friday's rise in oil prices, with the Saudi index…
Money Egypt’s CIB bank 9-month pretax profit hits EGP 30.7 bln Amwal Al Ghad English Nov 5, 2023 0 Commercial International Bank (CIB), one of Egypt’s largest private banks, posted profit before tax of 30.681…
Banks Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources Nada Ali Sep 18, 2023 0 The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
Banks CIB provides EGP 1.5bn loan for YANMU East Logistics Park project Nada Ali Sep 7, 2023 0 YANMU Logistics Park, a joint venture between HAU Logistics and Agility, has secured a ten-year loan of 1.5 billion…
Banks CIB Egypt bank earns EGP 8bln in Q2 Nada Ali Jul 24, 2023 0 The Commercial International Bank (CIB-Egypt) disclosed on Saturday its profits to reach 7.98 billion Egyptian…
Banks CIB gets World Bank’s IFC loans worth $250 mln Yassmine Elbehnaihy Jul 9, 2023 0 The Commercial International Bank (CIB) has secured loans from the World Bank’s International Finance Corporation…
Money Egypt’s CIB: consolidated pretax profit rises to EGP 8.9 billion in Q1 Amwal Al Ghad English May 15, 2023 0 Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…
Money Egypt’s CIB bank offers 3-year certificates of deposit at 22% mohamed Hamdy Apr 3, 2023 0 Commercial International Bank (CIB), one of Egypt’s largest private banks, is offering three-year certificates of…
Egypt News Egyptian Pound exchange rates stable on Wednesday Norhan Adel Mar 29, 2023 0 The Egyptian pound has recorded 30.85 against U.S. dollar on Wednesday, with exchange rates slightly changing in…
Egypt News Egypt’s pound maintains position against dollar Norhan Adel Mar 26, 2023 0 Egypt’s pound currency has recorded 30.85 Egyptian pounds against the one U.S. dollar during trading on Sunday,…
Egypt News Egypt’s pound stable against dollar Norhan Adel Mar 23, 2023 0 Egypt’s pound currency has recorded EGP 30.85 against the U.S. dollar during trading on Thursday.
Money BREAKING: Hisham Ezz Al-Arab officially named CIB Egypt bank non-executive chairman Yomna Yasser Mar 20, 2023 0 The general assembly of the Commercial International Bank (CIB Egypt) on Monday officially named Egyptian veteran…
Money Egypt’s pound weakens to EGP 30.83 to dollar at midday Amwal Al Ghad English Mar 7, 2023 0 Egypt’s pound currency fell to EGP 30.78 for buying and EGP 30.83 for selling at some banks during midday trade on…
Money Egypt’s pound weakens to EGP 100 to Kuwaiti dollar at opening Mostafa Mahmoud Mar 6, 2023 0 Egypt’s pound currency fell to surpass EGP 100 against the Kuwaiti dinar for selling at some banks during early…
Money The Banker: Egypt remains key African investment hub despite economic hassles Yomna Yasser Feb 27, 2023 0 Egypt continues to stand out as one of Africa’s key investment hotspots, despite the country’s mounting economic…
Tech/AI Egypt’s fintech MNT-Halan attracts $400mln in past 12 months Nada Ali Feb 1, 2023 0 Egypt’s leading and fastest growing fintech ecosystem MNT-Halan has raised up to $400 million in equity and debt…