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Al Baraka Bank Egypt’s consolidated profit grows 32.9% YoY in 9 months

Al Baraka Bank Egypt (SAUD) recorded a consolidated net profit attributable to the bank of EGP 2.951 billion in the first nine months of 2025, rising by 32.96% from EGP 2.219 billion in the year-ago period, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on November 11th.

Updated 11/11/2025 10:10:00 AM
UAE’s Amlak Finance exits Egypt with EGP 400M sale to Al Baraka Bank

UAE-based Amlak Finance fully exited its operations in Egypt after selling its subsidiary Amlak Finance Egypt to Al Baraka Bank Egypt for EGP 400 million.

Updated 10/26/2025 7:55:00 AM
Al Baraka Bank Egypt, MSMEDA sign EGP 200M financing agreement

Al Baraka Bank Egypt signed a three-year financing agreement with the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) at a value of EGP 200 million

Updated 10/14/2025 2:32:00 AM
Al Baraka Bank Egypt to acquire up to 90% of Al Tawfeek Leasing’s shares

Al Baraka Bank Egypt intends to acquire a majority stake in Al Tawfeek Leasing Company through a mandatory tender offer (MTO), the Financial Regulatory Authority (FRA) announced.

Updated 10/6/2025 7:43:00 AM
Al Baraka Bank Egypt, SUTech sign MoU to empower students with EGP 20M scholarships

Al Baraka Bank Egypt and Elsewedy University of Technology (SUTech) – Polytechnic of Egypt have signed a memorandum of understanding (MoU) to provide partial scholarships worth EGP 20 million to university students

Updated 9/24/2025 11:45:00 AM
Al Baraka Bank Egypt’s consolidated profits surge 95.6% YoY in H1 2025

The consolidated net profits attributable to the equity holders of Al Baraka Bank Egypt hiked by 95.62% year-on-year (YoY) to EGP 1.951 billion in the first half (H1) of 2025 from EGP 997.296 million

Updated 8/12/2025 11:01:00 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
Al Baraka Bank Egypt seals $100M deals with ICIEC

Al Baraka Bank Egypt has signed two agreements worth a combined $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

Updated 7/21/2025 2:51:00 PM
Al Baraka Bank Egypt launches joint trade program with South Africa branch

Al Baraka Bank Egypt has launched a foreign trade cooperation program with Al Baraka Bank South Africa to support trade activities through the group’s digital trade platform.

Updated 5/25/2025 11:14:00 AM
Al Baraka Bank Egypt sees 72.4% YoY consolidated profit surge in Q1 2025

Al Baraka Bank Egypt recorded a 72.36% year-on-year (YoY) jump in its consolidated net profits attributable to the bank for the first quarter (Q1) of 2025, logging EGP 953.712 million, versus EGP 553.295 million.

Updated 5/12/2025 9:36:00 AM
Al Baraka Bank Egypt teams up with Delta University to back financial inclusion

Al Baraka Bank Egypt has signed a memorandum of understanding (MoU) with Delta University for Science and Technology in Dakahlia Governorate to support financial inclusion efforts and empower youth.

Updated 4/29/2025 2:02:00 AM
alBaraka Bank to pay EGP 0.850/share dividends for 2024

alBaraka Bank Egypt has approved paying cash dividends of EGP 0.850 per share to shareholders for 2024 as of April 16th.

Updated 3/26/2025 10:04:00 AM
Al Baraka Capital to launch 3 funds in H2 2025

Al Baraka Capital, a subsidiary of Al Baraka Bank Egypt, plans to launch three new funds during the second half (H2) of 2025

Updated 3/2/2025 11:26:00 AM
Al Baraka Bank Egypt records EGP 3B consolidated profits in 2024

Al Baraka Bank Egypt logged consolidated net profits attributable to the equity holders valued at EGP 3 billion in 2024, an annual leap from EGP 2.217 billion.

Updated 2/17/2025 11:03:00 AM
Al Baraka Group hosts 1st AGCM 

Al Baraka Group held its first Annual Group Compliance Meeting (AGCM) at its headquarters in Bahrain, with the participation of all its subsidiaries, on December 2nd and 3rd.

Updated 12/10/2024 2:10:00 PM
Al Baraka Bank Egypt sponsors Arab Sustainable Development Week as platinum partner

Al Baraka Bank Egypt participated as a Platinum Sponsor in the fifth edition of the Arab Sustainable Development Week.

Updated 12/4/2024 4:26:00 PM
Al Baraka Bank Egypt launches new mobile app as part of digital expansion plan

Al Baraka Bank Egypt has introduced its new mobile banking application as part of its 2023–2025 strategic plan.

Updated 11/25/2024 9:30:00 PM
Al Baraka Bank Egypt’s consolidated profit grows 38.34% YoY in 9 months

Al Baraka Bank Egypt (SAUD) recorded a consolidated net profit attributable to the bank of EGP 2.219 billion in the first nine months of 2024, rising by 38.34% from EGP 1.604 billion in the year-ago period.

Updated 11/12/2024 9:17:00 AM
Al Baraka Bank Egypt wins Best Sharia Investment Banking Services 2024

Al Baraka Bank Egypt has been awarded "Best Sharia Investment Banking Services Egypt 2024" from the Global Business & Finance Magazine.

Updated 10/29/2024 2:33:00 PM
Al Baraka Bank Egypt’s consolidated profits rise 30.5% YoY in H1

Al Baraka Bank Egypt (SAUD) reported a 30.57% year-on-year (YoY) increase in consolidated profits excluding minority interest during the first half (H1) of 2024, recording EGP 1.331 billion, compared to EGP 1.019 million, according to financial statements filed to the Egyptian Exchange (EGX) on August 13th.

Updated 8/13/2024 10:37:00 AM