Al Tadamun Microfinance Foundation has entered into a strengthened strategic partnership with Banque Misr, expanding its existing credit facility to EGP 200 million. The agreement targets the empowerment of women entrepreneurs and reinforces Egypt’s …
Banque Misr
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Egypt’s Minister of Planning, Dr. Rania Al-Mashat,—as well as Egypt’s Governor at the European Bank for Reconstruction and Development (EBRD)—witnessed the signing of a landmark $100 million sustainability-linked loan (SLL) …
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HighlightsNews
Finance Ministry Recognizes Huawei, TMG, NBE, and Banque Misr for Advancing Egypt’s Tax Reform Efforts — With ETA Chair in Attendance
In a high-profile event recognizing key players in Egypt’s economic reform journey, the Ministry of Finance, in collaboration with the Egyptian Tax Authority (ETA), honored several leading institutions—including Huawei Egypt, …
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HighlightsWomen’s Achievements
Banque Misr Wins WT Business Award 2024 for Best Banking Service for Women Entrepreneurs in Egypt
Banque Misr has been honored with the prestigious WT Business Award 2024 for “Best Banking Service Provider for Women Entrepreneurs” in Egypt. This accolade underscores the bank’s exceptional dedication to …
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EconomyHighlights
Egyptian Banks Launch Savings Products with Variable Yields Ahead of Expected Interest Rate Cuts
As the Egyptian Central Bank is anticipated to reduce interest rates for the first time in four years, Egyptian banks are proactively offering savings products with variable returns, linked …
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News
Minister of Communications and Banque Misr CEO Witness Signing of Protocol to Train Technological Workforce
Dr. Amr Talaat, Minister of Communications and Information Technology, and Hesham Okasha, CEO of Banque Misr, witnessed the signing of a cooperation protocol between the Information Technology Institute (ITI), …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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EconomyHighlights
Banque Misr and UNIDO Launch “TEQDAR-Go Green” Program to Support Green Businesses in Egypt
In an exciting new initiative, Banque Misr has partnered with the United Nations Industrial Development Organization (UNIDO) and Chemonics Egypt to launch the “TEQDAR-Go Green” accelerator program. This initiative …
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Economy
Tanmeyah, Banque Misr Ink EGP 500mln Credit Facility Agreement to Support Small & Micro Businesses
In line with Banque Misr’s strategy to support small and micro enterprises and contribute to sustainable economic development, the bank has signed an EGP 500 million credit facility agreement with …
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As trading began on Thursday, July 18th, the US dollar (USD) saw a marginal decline against the Egyptian pound (EGP), a noteworthy development in the financial market. The Federation of …
