Egypt Healthcare Authority held talks on Wednesday with Abu Dhabi Islamic Bank (ADIB) – Egypt to explore a strategic partnership in healthcare investment and digital transformation, the authority said in an official statement.
The meeting, chaired (...)
Beltone Mortgage has completed its first securitised bond issuance worth EGP 1.32bn, under the umbrella of Beltone Securitization's second programme. The transaction attracted strong investor appetite, achieving 2.3 times oversubscription, which (...)
Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) announced strong financial results for the first half of 2025, with consolidated financial statements showing pre-tax profits of EGP 8.428bn in June, compared to EGP 6.220bn in the same period of 2024. Net (...)
Mohamed Mahlab, President and CEO of Rowad Modern Engineering — a subsidiary of Elsewedy Electric Group — announced that the company achieved substantial growth in the volume of projects executed in the Egyptian market during the second quarter (Q2) (...)
Modon Holding PSC announced robust results for the first half of 2025, reporting a net profit of AED 2.1bn—an increase of more than fourfold compared to AED 502m in H1 2024 (excluding the AED 9bn one-off gain from last year's merger and other (...)
Karem Badawi, Egypt's Minister of Petroleum and Mineral Resources, met with Suhail Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure, in Abu Dhabi to discuss expanding cooperation in the energy sector. The meeting is part of Egypt's (...)
Lime Consumer Finance, Egypt's largest dedicated platform for education financing and a wholly owned subsidiary of First Abu Dhabi Bank Group in the UAE, has officially launched into Egypt's fintech ecosystem. With education as its strategic entry (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), took part in the Annual Meeting of the Permanent Bureau of the Council of Arab Central Banks and Monetary Authorities' Governors, held on Sunday, 13 July 2025, in Abu Dhabi. The meeting is (...)
In a move that reaffirms its leadership in sustainable Islamic banking, Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has released its second annual Sustainability Report for 2024, aligning with the Global Reporting Initiative (GRI) (...)
The Egyptian pound (EGP) declined against the US dollar (USD) in midday trading on Wednesday, June 18, 2025. By 11:45 pm Cairo time (9:00 am GMT), the exchange rate of the Egyptian currency recorded the following exchange rates:
Bank Buy (...)
The Egyptian pound (EGP) almost steady against the US dollar (USD) during early trading on Wednesday, June 18, 2025.
Bank Buy Sell
National Bank of Egypt (NBE) 50.10 50.20
Banque Misr 50.10 50.20
Commercial International Bank (CIB) 50.10 (...)
The Egyptian pound (EGP) strengthened further against the US dollar (USD) in midday trading on Sunday, 29 June 2025. By 12:54 pm Cairo time (12:30 am GMT), the exchange rate at the key banks were as follows:
Bank Buy Sell
National Bank of Egypt (...)
The Egyptian pound (EGP) remained stable against the US dollar (USD) in early trading on Sunday, June 29, 2025, across most banks.
Bank Buy Sell
National Bank of Egypt (NBE) 49.85 49.95
Banque Misr 49.85 49.95
Arab African International Bank (...)
The Egyptian pound (EGP) held steady against the US dollar (USD) in early trading on Monday, June 30, 2025, across most banks.
Bank Buy Sell
National Bank of Egypt (NBE) 49.64 49.74
Banque Misr 49.64 49.74
Arab African International Bank (...)
The Egyptian pound (EGP) posted gains against the US dollar (USD) in midday trading on Monday, 30 June 2025. By 1:32 pm Cairo time (10:32 am GMT), the exchange rate at key banks were as follows:
Bank Buy Sell
National Bank of Egypt (NBE) 49.56 (...)
The Egyptian pound (EGP) almost steady against the US dollar (USD) during early trading on Wednesday, June 25, 2025.
Bank Buy Sell
National Bank of Egypt (NBE) 50.00 50.10
Banque Misr 50.00 50.10
Commercial International Bank (CIB) 50.00 (...)
The Egyptian pound (EGP) extended its gains against the US dollar (USD) in midday trading on Wednesday, June 25, 2025. By 12:30 pm Cairo time (9:30 am GMT), the exchange rate stood at:
Bank Buy Sell
National Bank of Egypt (NBE) 49.86 (...)
The Egyptian pound (EGP) remained stable against the US dollar (USD) in early trading on Tuesday, June 24, 2025, across most banks.
Bank Buy Sell
National Bank of Egypt (NBE) 50.63 50.73
Banque Misr 50.63 50.73
Arab African International Bank (...)
The Egyptian pound (EGP) edged lower against the US dollar (USD) in early trading on Monday, June 23, 2025.
Bank Buy Sell
National Bank of Egypt (NBE) 50.75 50.85
Banque Misr 50.75 50.85
Arab African International Bank 50.75 50.85
Commercial (...)
The Egyptian pound (EGP) declined against the US dollar (USD) in early trading on Thursday, June 19, 2025, across most banks.
Bank Buy Sell
National Bank of Egypt (NBE) 50.50 50.60
Banque Misr 50.50 50.60
Arab African International Bank 50.50 (...)
The Egyptian pound (EGP) edged up slightly against the US dollar (USD) in early trading on Tuesday, June 17, 2025.
Bank Buy Sell
National Bank of Egypt (NBE) 50.21 50.31
Banque Misr 50.21 50.31
Arab African International Bank 50.21 (...)
The Egyptian pound (EGP) strengthened further against the US dollar (USD) in midday trading on Sunday, June 15, 2025. By 12:00 pm Cairo time (9:00 am GMT), building on gains from earlier in the day, the exchange rate of the Egyptian currency (...)
The Egyptian pound (EGP) edged lower against the US dollar (USD) in early trading on Thursday, June 12, 2025, across most local banks.
Bank Buy Sell
National Bank of Egypt (NBE) 49.46 49.56
Banque Misr 49.46 49.56
Arab African International (...)
The Egyptian pound (EGP) opened unchanged against the US dollar (USD) in early trading on Monday, June 16, 2025.
Bank Buy Sell
National Bank of Egypt (NBE) 50.56 50.66
Banque Misr 50.56 50.66
Arab African International Bank 50.56 (...)
The Egyptian pound (EGP) recorded a sharp decline against the US dollar (USD) at 1:00 pm Cairo time (9:53 am GMT) on Sunday, June 15, 2025. The currency fell by approximately LE0.90 compared to Thursday's closing rate.
Bank Buy Sell
National Bank (...)
