Banque Misr

Suez Canal Zone signs LE10 billion financing contract with banking consortium
Business

Suez Canal Zone signs LE10 billion financing contract with banking consortium

The head of the Suez Canal Economic Zone (SCZone), Yahya Zaki signed a financing contract for its projects with a…
NBE reduces interest rate on 3-year Platinum Certificates
Business

NBE reduces interest rate on 3-year Platinum Certificates

The National Bank of Egypt reduced the interest rate or return on its three-year Platinum Certificates, the return of which…
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
Economy

Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister

The European Bank for Reconstruction and Development (EBRD) has approved support for the Egyptian economy with a US$100 million loan…
Banque Misr announces first coronavirus casualty
Egypt

Banque Misr announces first coronavirus casualty

Banque Misr announced in a Saturday statement its first employee casualty to the coronavirus as 60-year-old Mohamed Hassan, the assistant…
US dollar price continues to drop against Egyptian pound
Economy

US dollar price continues to drop against Egyptian pound

The US dollar fell by two piasters on Sunday, having thus decreased 130 piasters since the beginning of 2019, MENA…
US dollar falls to LE17.80
Business

US dollar falls to LE17.80

US dollar prices witnessed a decline on Wednesday morning, recording an average of LE17.80 after hovering around 17.90 on Monday…
NBE, Banque Misr halt issuance of 17% savings certificates
Business

NBE, Banque Misr halt issuance of 17% savings certificates

Banque Misr and the National Bank of Egypt (NBE) stated they will be halting the issuance of savings certificates with fixed…
Four banks to issue Sisi’s ‘Safety Certificate’ next week
Business

Four banks to issue Sisi’s ‘Safety Certificate’ next week

The National Bank of Egypt, Banque Misr, Banque du Caire, and the Agricultural Bank of Egypt will offer the Safety…
Banque Misr, ExxonMobil launch e-payment service for petroleum services
Business

Banque Misr, ExxonMobil launch e-payment service for petroleum services

Banque Misr, in collaboration with Visa and ExxonMobil Egypt, initiated on Thursday a strategic partnership to expand electronic payment for…
Gunmen steal LE1 million from downtown Cairo money exchange co.
Egypt

Gunmen steal LE1 million from downtown Cairo money exchange co.

The Egyptian Exchange Co., a subsidiary of Banque Misr, was robbed on Wednesday in the Abdin district of downtown Cairo,…
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