Egypt signs $135m financing deal for Damietta bioethanol project
Egypt has signed a long-term financing agreement worth $135 million to develop a bioethanol production project in…
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Housing and Development Bank
Egypt’s NTRA upgrades mobile device registration system
Egypt’s National Telecom Regulatory Authority (NTRA) has expanded the available payment methods for its Telephony…
CIB leads banking sector gains in EGX Sunday trading
In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
Egypt-UAE currency swap to lure foreign cash, reduce borrowing spree: HDB chair
Egypt’s recent $1.4 billion currency swap agreement with the UAE will help the North African country secure hard…
Egypt’s Housing and Development Bank eyes 25% growth in 2023 – chairman
Egypt’s Housing Development Bank (HDB) has successfully implemented a very ambitious strategy throughout the past…
Egypt’s Housing and Development Bank H1 net profit at EGP1 bln
Egypt’s state-run Housing and Development Bank (HD Bank) reported on Monday a 5.6 percent year-on-year decline in…
Egypt’s Housing and Development Bank H1 net profit at EGP 1 billion
Egypt’s state-run Housing and Development Bank (HD Bank) reported on Sunday a net profit after tax of 1.450 billion…
Ora Developers Egypt signs EGP 2.54 billion loan agreement
Ora Developers Egypt, part of Naguib Sawiris-led Ora Developers Group, signed a loan agreement with four banks for…
Banque Misr lead arranger for EGP 2.5 bln Sawiris-led ZED West project
Egypt's second-largest state bank, Banque Misr is lead arranger for a 2.54 billion Egyptian pound ($162.3 million)…
Egypt’s Housing Bank posts a slight increase in profits during Q1
Housing and Development Bank (HDB) reported a slight increase year-on-year (YoY) in its net during the first…