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Banking alliance grants EGP 5.2B financing for Inertia Egypt's Jefaira project

A banking alliance has successfully concluded a long-term syndicated Islamic financing agreement amounting to EGP 5.2 billion for Inertia Egypt.

Updated 10/21/2025 7:58:00 AM
Banque du Caire, Taly sign agreement to strengthen Egypt’s digital payments landscape

Banque du Caire signed a new strategic partnership agreement with Taly to strengthen Egypt’s digital payments ecosystem, according to a press release.

Updated 10/1/2025 3:31:00 AM
MSMEDA, Banque du Caire sign EGP 500M contracts to finance microenterprises

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed two contracts worth a total of EGP 500 million with Banque du Caire to finance microenterprises across Egypt, as per a statement.

Updated 8/13/2025 9:54:00 AM
Banque du Caire reports 45% YoY profit growth in Q1 2025

Banque du Caire recorded a 45% year-on-year (YoY) increase in net profits after tax for the first quarter (Q1) of 2025, reaching EGP 3.4 billion, up from EGP 2.4 billion in the same period last year.

Updated 5/28/2025 7:53:00 AM
Madbouly denies Banque du Caire sale rumors

Prime Minister Mostafa Madbouly denied reports claiming the sale of Banque du Caire at a value of $1 billion.

Updated 3/20/2025 8:39:00 AM
Banque du Caire, TerraPay to allow seamless remittance digital payouts in Egypt

Banque du Caire has teamed up with TerraPay, a global leader in cross-border payment solutions, to enable digital payouts to all bank accounts and mobile wallets across Egypt

Updated 3/5/2025 10:03:00 AM
Banking consortium arranges $75M loan for Cheiron Egypt

A banking consortium, led by Banque du Caire and comprising Al Baraka Bank Egypt and SAIBANK, has arranged a $75 million syndicated loan to Cheiron Egypt, an arm of the global oil and gas corporation Cheiron.

Updated 2/6/2025 4:13:00 PM
Banque du Caire to list shares on EGX in H1 2025

Banque du Caire is set to float its shares on the Egyptian Exchange (EGX) during the second half (H2) of 2025.

Updated 12/18/2024 11:00:00 AM
Kredit gets EGP 100M financing from Banque du Caire for SME support

Kredit, a subsidiary of GB Capital Group, has obtained EGP 100 million in financing from Banque du Caire to bolster the growth of small and medium enterprises (SMEs) in Egypt

Updated 10/13/2024 11:12:00 AM
Hussein Abaza named as Bank du Caire’s CEO for 3 years

Hussein Abaza was appointed as the CEO of Bank du Caire for a three-year term, succeeding Tarek Fayed.

Updated 9/16/2024 11:45:00 AM
Banque du Caire, Beltone Asset Management to manage asset portfolio abroad

Banque du Caire has inked a contract with Beltone Asset Management, a subsidiary of Beltone Holding, to launch and manage an asset portfolio abroad.

Updated 9/4/2024 1:47:00 AM
Banque du Caire's profits climb 120% YoY in H1 2024

Banque du Caire posted a 120% year-on-year (YoY) increase in net profits for the first half (H1) of 2024, recording EGP 5.7 billion, compared to EGP 2.6 billion.

Updated 8/27/2024 11:29:00 AM
IBAG launches 1st phase of Western Union’s services in 20 Banque du Caire branches

IBAG, Western Union’s agent in Egypt, has launched the first phase of the company's services in 20 branches of Banque du Caire under a partnership with the bank.

Updated 8/4/2024 9:36:00 AM
Banque du Caire sees 129% YoY profit increase in Q1 2024

Banque du Caire posted a 129% year-on-year (YoY) increase in net profits for the first quarter (Q1) of 2024, recording EGP 2.4 billion, compared to EGP 1 billion.

Updated 6/3/2024 11:28:00 AM
Banque du Caire’s credit limit for international cards back to normal level

Foreign currency inflows have restored the credit limit of Banque du Caire’s international bank cards to its usual level, the bank’s Chairman Tarek Fayed said.

Updated 5/13/2024 7:56:00 AM
Banque du Caire pens $100M deal with IFC to support MSMEs, trade

Banque du Caire and the International Finance Corporation (IFC) have signed a $100 million deal aimed at supporting micro, small-, and medium-sized enterprises (MSMEs), particularly those helmed by women entrepreneurs.

Updated 5/12/2024 2:07:00 AM
Banque du Caire, MetLife activate 5-year agreement to foster insurance services

Banque du Caire has activated its five-year cooperation agreement signed last year with the life insurance firm MetLife.

Updated 5/9/2024 11:04:00 AM
Banque Du Caire launches green loan programs for EVs, solar panels

Banque Du Caire has launched new loan programs to finance the purchase of electric vehicles (EVs) and solar panel installations.

Updated 4/1/2024 10:06:00 AM
IFC backs MSMEs in Egypt via $100M loan to Banque du Caire

The International Finance Corporation (IFC) is providing Banque du Caire with a $100 million loan, according to a disclosure by the IFC.

Updated 3/31/2024 12:13:00 PM
Banque du Caire’s profits soar 112% YoY in 2023

Banque du Caire posted a 112% year-on-year (YoY) increase in net profits after tax in 2023, recording EGP 6.7 billion, compared to EGP 3.1 billion.

Updated 3/24/2024 1:05:00 AM