Tags Result

Banque Misr-led consortium provides EGP 8.9B in Islamic financing for Al Marasem

Banque Misr has led a consortium of ten banks in extending a total of EGP 8.9 billion in joint Islamic financing to Al Marasem International for Urban Development to support the Fifth Square project in New Cairo.

Updated 12/18/2025 11:55:00 AM
Fawry to offer customers Apple Pay services

Fawry for Banking Technology and Electronic Payment collaborated with Banque Misr to provide its customers with Apple Pay services and help them avoid handing their payment card to someone else

Updated 10/30/2025 8:18:00 AM
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 Misr cuts interest rates on savings certificates

The Assets and Liabilities Committee (ALCO) of Banque Misr decided to reduce the interest rates on its certificates of deposit (CDs) in both Egyptian pounds and US dollars

Updated 9/1/2025 6:24:00 AM
Banque Misr-led consortium inks EGP 6.2B syndicated loan with Mountain View

A banking consortium led by Banque Misr has signed a long-term syndicated loan agreement worth EGP 6.2 billion with Mountain View.

Updated 8/4/2025 8:04:00 AM
EBRD, Banque Misr sign $100M sustainability-linked financing agreement

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have signed a $100 million sustainability-linked financing agreement, marking the first of its kind between the two institutions.

Updated 7/10/2025 3:00:00 AM
USD/EGP exchange rates continue rising at Egyptian banks

The exchange rate of the US dollar to Egyptian pound edged up to EGP 50.5 for buying and EGP 50.6 for selling at the National Bank of Egypt (NBE), Banque Misr, and the Commercial International Bank Egypt (CIB).

Updated 6/18/2025 3:45:00 AM
EBRD, Banque Misr grant $80M syndicated loan to Orange Egypt

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have provided a syndicated loan of nearly $80 million to Orange Egypt

Updated 5/29/2025 1:32:00 AM
Banque Misr suspends USD-denominated Al-Qema CDs, cuts return on EGP certificates

The Assets and Liabilities Committee (ALCO) at Banque Misr has decided to suspend the issuance of dollar-denominated Al-Qema savings certificates (CDs) with prepaid interest in Egyptian pounds.

Updated 5/26/2025 1:20:00 AM
Banque Misr suspends Talat Harb CDs starting April 27th

Banque Misr will suspend the issuance of its one-year Talat Harb fixed-return certificates, which carry an annual interest rate of 27%, starting Sunday, April 27th.

Updated 4/23/2025 2:52:00 AM
Palm Hills’ unit to secure EGP 1.3B facility from Banque Misr

Palm Hills Development Company will guarantee Middle East for Real Estate and Tourism Investment for a long-term syndicated loan facility with EGP 1.300 billion

Updated 4/9/2025 11:45:00 AM
Egyptian-Saudi-Kuwaiti alliance to build EGP 3B hotel in Giza

Banque Misr, Egypt’s second-largest state-owned bank, is set to partner with Saudi and Kuwaiti investors to construct a five-star hotel in Giza.

Updated 4/6/2025 11:16:00 AM
MSMEDA, Banque Misr pen EGP 200M deal to back small businesses

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed an EGP 200 million contract with Banque Misr to back small enterprises and provide working capital.

Updated 3/23/2025 7:31:00 AM
Banque Misr, NBE cut rates on USD 3-year CDs

Banque Misr and the National Bank of Egypt (NBE) cut interest rates on their three-year term certificates of deposit (CDs) in US dollars by 0.5%, effective March 17th.

Updated 3/19/2025 9:01:00 AM
Banque Misr inks EGP 2.6B credit facility with Hyde Park

Banque Misr signed a medium-term credit facility deal worth EGP 2.6 billion with Hyde Park Developments.

Updated 3/6/2025 11:30:00 AM
Fawry launches e-wallet deposit, withdrawal service via partnership with Banque Misr, EBC

Fawry partnered with Banque Misr and Egyptian Banks Company for Technology Advancement (EBC) to launch a new cash in and out interoperable for e-wallets via Meeza Digital Scheme

Updated 2/18/2025 12:23:00 PM
Mastercard, Money Fellows, Banque Misr partner to launch prepaid card in Egypt

Mastercard has partnered with Money Fellows and Banque Misr to launch prepaid card to drive financial inclusion in Egypt.

Updated 1/27/2025 2:01:00 AM
MSMEDA, Banque Misr sign EGP 300M financing deal

Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and Banque Misr inked a financing agreement worth EGP 300 million

Updated 1/21/2025 2:42:00 PM
Banque Misr to establish EGP 4B real estate development firm

Banque Misr, Egypt's second-largest state-owned bank, plans to establish a real estate development and asset management company with a capital of EGP 4 billion.

Updated 12/30/2024 11:46:00 AM
El Zahy Group secures EGP 4.2B syndicated loan from 3 banks for development projects

El Zahy Group, a local player in the construction sector, has signed a syndicated loan agreement worth EGP 4.2 billion with the National Bank of Egypt (NBE), Banque Misr, and QNB Egypt.

Updated 12/24/2024 8:18:00 AM