Monday 24 Feb

Bank

Housing and Development Bank profits surge to EGP12.45 billion
2025/02/23

Housing and Development Bank profits surge to EGP12.45 billion

Housing and Development Bank's consolidated financial results revealed a 90% year-on-year profit increase last year.

CIB Egypt's 2024 profits surge by 86.24%
2025/02/20

CIB Egypt's 2024 profits surge by 86.24%

Commercial International Bank (Egypt) has announced a significant surge in profits for 2024. The bank's consolidated financial statements revealed an impressive 86.24% year-on-year increase.

Al Baraka Bank Egypt's 2024 profits exceed 3 billion pounds
2025/02/18

Al Baraka Bank Egypt's 2024 profits exceed 3 billion pounds

Al Baraka Bank Egypt's consolidated financial statements showed a 36% year-on-year increase in profits for 2024. The bank reported a net profit of 3.005 billion...

Suez Canal Bank sees 148% profit jump to EGP5.7 billion
2025/02/15

Suez Canal Bank sees 148% profit jump to EGP5.7 billion

Suez Canal Bank's financial statements revealed a 148% year-on-year increase in profits for 2024. The bank reported profits of 5.68 billion pounds, compared to 2.29...

Dollar price stabilizes against Egyptian pound
2025/02/08

Dollar price stabilizes against Egyptian pound

The US dollar price remained relatively stable against the Egyptian pound on Saturday, February 8, 2025, a bank holiday. This information is based on the...

World Bank reviews Egypt's plan to boost investment, trade
2025/01/29

World Bank reviews Egypt's plan to boost investment, trade

Dr. Rania Al-Mashat, Minister of Planning and Economic Development, met with a World Bank Group delegation, headed by Miski Burhani, Regional Director for Sustainable Development...

Talaat Moustafa Group: A leading recommendation for stock purchase in 2025
2025/01/27

Talaat Moustafa Group: A leading recommendation for stock purchase in 2025

According to a report by CI Capital Investment Bank analyzing the 2024 economic outlook for Egypt and the region, several companies are projected to deliver...

Goldman Sachs: Global investors tracking Egypt's economy
2025/01/22

Goldman Sachs: Global investors tracking Egypt's economy

On behalf of President Abdel Fattah El-Sisi, Prime Minister Dr. Moustafa Madbouly participated in the World Economic Forum “Davos 2025” in Switzerland. On Wednesday morning,...