<?xml version="1.0" encoding="utf-8"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>FirstBank</title><link>https://en.firstbankeg.com/</link><description>First digital institution in Egypt for financial and banking ratings </description><language>ar</language><copyright>جميع الحقوق محفوظة © 2026 FirstBank</copyright><lastBuildDate>Sat, 18 Apr 2026 01:42:49 +0200</lastBuildDate><image><url>https://en.firstbankeg.com/UserFiles/SiteImages/Logo.png</url><title>FirstBank</title><link>https://en.firstbankeg.com/</link></image><item><guid isPermaLink="true">https://en.firstbankeg.com/12747</guid><link>https://en.firstbankeg.com/12747</link><title>EGP index rose against a basket of major currencies to 36.236 points at today's trading </title><description /><pubDate>Thu, 16 Apr 2026 17:25:57 +0200</pubDate><a10:updated>2026-04-16T17:25:57+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index witnessed increase against major currencies by the end of trading on thursday 15&amp;nbsp;April, rose to 36.236&amp;nbsp;points compared to 36.106&amp;nbsp;points at the close of yesterday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise of the pound index came as a result of its rose against the US dollar,&amp;nbsp;the euro, the pound sterling,&amp;nbsp;the Chinese yuan, the Japanese yen, the UAE dirham, and the Saudi riyal at the end of today&amp;#39;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar decreased from EGP 52.05&amp;nbsp; to EGP 51.87, while the average buying price fell from EGP 51.95&amp;nbsp;to EGP 51.77&amp;nbsp;by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The euro&amp;rsquo;s average selling price decreased from EGP 61.33&amp;nbsp;to EGP&amp;nbsp;61.11, while the average buying price fell from EGP 61.21&amp;nbsp;to EGP 60.99&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The British pound&amp;rsquo;s selling price decreased from EGP 70.55&amp;nbsp;to EGP 70.28, while the average buying price fell from EGP 70.40&amp;nbsp;to EGP 70.11&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Chinese yuan&amp;rsquo;s average selling price decreased from EGP 7.63 to EGP 7.60&amp;nbsp;, while the average buying price fell from EGP 7.62&amp;nbsp; to&amp;nbsp;EGP 7.59&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Japanese yen&amp;rsquo;s average selling price decreased from EGP 32.72&amp;nbsp;to EGP 32.60&amp;nbsp;, while the average buying price fell from EGP 32.65&amp;nbsp;to EGP 32.54&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The UAE dirham&amp;rsquo;s average selling price decreased from EGP 14.17&amp;nbsp;to EGP 14.12&amp;nbsp;, while the average buying price fell from EGP 14.14&amp;nbsp;to EGP 14.09&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Saudi riyal&amp;rsquo;s average selling price decreased from EGP 13.87&amp;nbsp;to EGP 13.83&amp;nbsp;, while the average buying price fell from EGP 13.85 to EGP 13.79 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12747.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12746</guid><link>https://en.firstbankeg.com/12746</link><title> Foreign exchange rates at the end of Thursday trading </title><description /><pubDate>Thu, 16 Apr 2026 15:35:03 +0200</pubDate><a10:updated>2026-04-16T15:35:03+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rates witnessed noticeable decreases at the close of thursday 16 April 2026 trading at Egyptian banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar fell against EGP recorded EGP 51.7669 for buying, while the sell price to EGP 51.8669 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 51.91 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in Credit Agricole Bank at EGP 51.69 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro fell against EGP recorded EGP 60.9917 &amp;nbsp;for buying and EGP 61.1147 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 61.11 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in Credit Agricole Bank at EGP 61.11 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling fell against EGP recorded at EGP 70.1130 for buying and EGP 70.2848 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 70.31 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;Credit Agricole Bank&amp;nbsp;at EGP 70.27 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal fell against EGP today in Egypt recorded EGP&amp;nbsp;13.7993 for buying and EGP&amp;nbsp;13.8275 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;EBank&amp;raquo; at EGP 13.83 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in Credit Agricole Bank at EGP 13.78 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar fell against EGP in Egypt reached EGP 169.0346 for buying, EGP 169.4165 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;HSBC&amp;raquo; at EGP 169.20 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in Credit Agricole Bank at EGP 168.78 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham today in Egypt recorded EGP 14.0931 for buying and EGP 14.1211 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;EBank&amp;raquo; at EGP 14.13 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in Credit Agricole Bank at EGP 14.07 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12746.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12744</guid><link>https://en.firstbankeg.com/12744</link><title>Egypt’s banking sector performance on EGX at Thursday</title><description /><pubDate>Thu, 16 Apr 2026 15:03:03 +0200</pubDate><a10:updated>2026-04-16T15:03:03+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on thursday&amp;nbsp;&lt;span dir="RTL" lang="AR-EG"&gt;16&lt;/span&gt; April 2026, with an increase in the sector&amp;rsquo;s market capitalization by &lt;span dir="RTL" lang="AR-EG"&gt;1.07&lt;/span&gt;% reaching EGP 870.33&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP 861.12&amp;nbsp;billion at the close of yesterday&amp;rsquo;s&amp;nbsp;session.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The banking sector&amp;rsquo;s market capitalization represented &lt;span dir="RTL" lang="AR-EG"&gt;25.41&lt;/span&gt;% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The trading value of banking sector shares amounted to EGP &lt;span dir="RTL" lang="AR-EG"&gt;2.12&lt;/span&gt;&amp;nbsp;billion, representing &lt;span dir="RTL" lang="AR-EG"&gt;17.22&lt;/span&gt;% of the total trading value on the exchange today. A total of &lt;span dir="RTL" lang="AR-EG"&gt;24.92&lt;/span&gt;million shares were traded in the sector, accounting for 0.81% of the total trading volume of the exchange today.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by &lt;span dir="RTL" lang="AR-EG"&gt;1.39&lt;/span&gt;% to 51.437 points, and &amp;ldquo;EGX70&amp;rdquo; rose by &lt;span dir="RTL" lang="AR-EG"&gt;0.43&lt;/span&gt;% to 13.385 points, and &amp;ldquo;EGX100&amp;rdquo; rose by &lt;span dir="RTL" lang="AR-EG"&gt;0.58&lt;/span&gt;% to 18.&lt;span dir="RTL" lang="AR-EG"&gt;748&lt;/span&gt;&amp;nbsp;points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12744.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12743</guid><link>https://en.firstbankeg.com/12743</link><title>EGX30 ended Thursday with 1.39% increase in benchmark index </title><description /><pubDate>Thu, 16 Apr 2026 14:56:38 +0200</pubDate><a10:updated>2026-04-16T14:56:38+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended thursday&amp;nbsp;&lt;span dir="RTL" lang="AR-EG"&gt;16&lt;/span&gt; April 2026 trading session with market capitalization of &lt;span dir="RTL" lang="AR-EG"&gt;3.540&lt;/span&gt;&amp;nbsp;trillion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by &lt;span dir="RTL" lang="AR-EG"&gt;1.39&lt;/span&gt;% to reach 51.437&lt;span dir="RTL" lang="AR-EG"&gt;&amp;nbsp;&lt;/span&gt;points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on &lt;span dir="RTL" lang="AR-EG"&gt;220&lt;/span&gt; shares, &lt;span dir="RTL" lang="AR-EG"&gt;123&lt;/span&gt; shares rose, &lt;span dir="RTL" lang="AR-EG"&gt;81&lt;/span&gt;&amp;nbsp;fell and &lt;span dir="RTL" lang="AR-EG"&gt;16&lt;/span&gt;&amp;nbsp;shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached 3.09&amp;nbsp;billion securities dealt in cash executed on&lt;span dir="RTL" lang="AR-EG"&gt;222.65&amp;nbsp;&lt;/span&gt;&amp;nbsp;thousand transactions, bringing the total trading volume to &lt;span dir="RTL" lang="AR-EG"&gt;12.32&lt;/span&gt;&amp;nbsp;bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12743.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12740</guid><link>https://en.firstbankeg.com/12740</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Al Ahli Bank of Kuwait – Egypt organizes a school trip for community classrooms in Al Fayoum Governorate</title><description /><pubDate>Thu, 16 Apr 2026 13:44:24 +0200</pubDate><a10:updated>2026-04-16T13:44:24+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;nbsp;In alignment with its ongoing commitment to Corporate Social Responsibility (CSR) and in collaboration with &amp;ldquo;Kolena Maa Baad&amp;rdquo; organization to support &lt;i&gt;&amp;ldquo;Together we make a difference&amp;rdquo;&lt;/i&gt; initiative that was recently launched by the Central Bank of Egypt (CBE), Al Ahli Bank of Kuwait &amp;ndash; Egypt (ABK-Egypt) organized an educational trip to Grand Egyptian Museum for students from community classrooms &lt;i&gt;in Al Fayoum Governorate&lt;/i&gt;. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The trip aimed to enrich student&amp;rsquo;s knowledge of Egypt&amp;rsquo;s cultural heritage and provide them with a unique learning experience outside their classrooms. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This initiative reflects the Bank&amp;rsquo;s dedication to supporting underprivileged communities and enhancing educational opportunities for young students. By offering such enriching experiences, the Bank seeks to inspire curiosity, promote cultural awareness, and encourage students to connect with their history.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;In continuation of its partnership with &amp;ldquo;Kolena Maa Baad&amp;rdquo; Organization, ABK-Egypt also organized two field visits by Bank representatives to deliver awareness sessions to parents, highlighting the importance of education and raising awareness on the risks related to child labor and early marriage among girls.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The initiative &lt;i&gt;&amp;ldquo;Together we make a difference&amp;rdquo;&lt;/i&gt; was initiated to encourage bank employees to participate in volunteering activities through the cooperation with Non-Governmental Organizations (NGOs) and reinforce the importance of community engagement and culture enrichment activities. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This initiative is one of a series of initiatives launched by the Central Bank of Egypt (CBE) for all Egyptian banks to support and actively participate in. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;It is worth noting that ABK-Egypt continuously strives to provide educational opportunities for underprivileged students with high potential across all Egyptian governorates, enabling them to complete their education. Additionally, the Bank consistently aligns its CSR strategy with the Central Bank of Egypt (CBE) agenda and the Egyptian government&amp;rsquo;s direction towards Egypt&amp;#39;s Vision 2030.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This has been quite evident in the various community development initiatives launched by the Bank over the years to provide financial relief, shelter, educational, medical support, and food supplies to underprivileged segments, in addition to further initiatives that empower women, youth, and individuals with disabilities. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12740.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12732</guid><link>https://en.firstbankeg.com/12732</link><title>EGX30 beginning Thursday with 0.82% increase in benchmark index</title><description /><pubDate>Thu, 16 Apr 2026 11:22:04 +0200</pubDate><a10:updated>2026-04-16T11:22:04+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has Started thursday 16 April 2026 trading session with market capitalization of 3.541 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 50.733 points, recording a 0.82% increase in early trading to reach 51.151 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 214 shares, 133 shares rose, 45 fell and 36 shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 614 million securities dealt in cash executed on 61 thousand transactions, bringing the total trading volume to 2.39 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12732.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12731</guid><link>https://en.firstbankeg.com/12731</link><title>Foreign exchange rates at the beginning of Thursday trading</title><description /><pubDate>Thu, 16 Apr 2026 10:17:43 +0200</pubDate><a10:updated>2026-04-16T10:17:43+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rate witnessed stability at the end&amp;nbsp;of thursday 16 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar fell against EGP recorded EGP 51.9529 for buying, while the sell price to EGP 52.0529 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 52.43 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 51.97 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro fell against EGP recorded EGP 61.2109&amp;nbsp;for buying and EGP 61.3339 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 61.64 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 61.33 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling fell against EGP recorded at EGP 70.4013 for buying and EGP 70.5524 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 70.78 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 70.57 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal fell against EGP today in Egypt recorded EGP&amp;nbsp;13.8474 for buying and EGP&amp;nbsp;13.8748 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;EBank&amp;raquo; at EGP 13.97 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in Faisal Islamic Bank at EGP 13.86 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar fell against EGP in Egypt reached EGP 169.5589 for buying, EGP 169.9408 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;HSBC&amp;raquo; at EGP 169.61 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in Credit Agricole Bank at EGP 169.71 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham today in Egypt recorded EGP 14.1438 for buying and EGP 14.1718 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;EBank&amp;raquo; at EGP 14.27 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo;,&amp;nbsp;&amp;laquo;FABMISR&amp;raquo;,&amp;nbsp;Al Barka Bank, Faisal Islamic Bank,&amp;nbsp;and Credit Agricole Bank at EGP 14.16 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/16/12731.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12730</guid><link>https://en.firstbankeg.com/12730</link><title>Akef Al-Maghrabi Named in First Bank’s List of Top Egyptian Banking Executives for 2025</title><description>At a time of intensifying challenges within the banking sector, Akef Al-Maghrabi, CEO and Managing Director of</description><pubDate>Wed, 15 Apr 2026 18:32:23 +0200</pubDate><a10:updated>2026-04-15T18:32:23+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;At a time of intensifying challenges within the banking sector, Akef Al-Maghrabi, CEO and Managing Director of Suez Canal Bank, has been recognized by First Bank as one of Egypt&amp;rsquo;s premier executive leaders.&lt;/p&gt;&lt;p dir="ltr"&gt;Under his leadership, Suez Canal Bank has continued to expand its footprint, establishing itself among the top 10 private sector banks in Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;It has also strengthened its regional presence, ranking among the top 100 banks across the MENA region, reflecting its growing scale and competitiveness.&lt;/p&gt;&lt;p dir="ltr"&gt;In parallel, the bank has significantly improved its asset quality, successfully reducing non-performing loan ratios to their lowest levels in the past decade, underscoring stronger risk management practices and enhanced financial resilience.&lt;/p&gt;&lt;p dir="ltr"&gt;During 2025, the bank continued to build on its strong momentum, delivering solid financial performance across all key indicators.&lt;/p&gt;&lt;p dir="ltr"&gt;Net profits increased by 13% to reach EGP 6.42 bn in 2025, compared to EGP 5.68 bn in 2024, reflecting improved profitability and steady earnings growth.&lt;/p&gt;&lt;p dir="ltr"&gt;Total pre-tax profits rose by 30% to EGP 9.47 bn in 2025, compared to EGP 7.28 bn in 2024, supported by strong operating performance and enhanced revenue generation.&lt;/p&gt;&lt;p dir="ltr"&gt;Net interest income grew by 56% to EGP 8.64 bn in 2025, compared to EGP 5.54 bn in 2024, driven by continued expansion in core banking activities.&lt;/p&gt;&lt;p dir="ltr"&gt;Net fee and commission income increased by 50.7% to EGP 1.48 bn in 2025, compared to EGP 980 mn in 2024, reflecting stronger diversification of income streams.&lt;/p&gt;&lt;p dir="ltr"&gt;On the balance sheet side, total assets rose by 49.9% to EGP 270.12 bn in 2025, compared to EGP 180.19 bn in 2024, supported by sustained business expansion.&lt;/p&gt;&lt;p dir="ltr"&gt;Customer deposits increased by 54.3% to EGP 209.04 bn in 2025, compared to EGP 135.47 bn in 2024, reflecting strong customer confidence and continued deposit mobilization.&lt;/p&gt;&lt;p dir="ltr"&gt;Net loans portfolio also expanded significantly, rising by 63.3% to EGP 122.37 bn in 2025, compared to EGP 74.94 bn in 2024, driven by robust lending growth across key segments.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12730.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12729</guid><link>https://en.firstbankeg.com/12729</link><a10:author><a10:name>first bank</a10:name></a10:author><title>EGP index rose against a basket of major currencies to 36.106 points at today's trading</title><description /><pubDate>Wed, 15 Apr 2026 16:29:20 +0200</pubDate><a10:updated>2026-04-15T16:29:20+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index witnessed increase against major currencies by the end of trading on Wednesday 15&amp;nbsp;April, stabilized&amp;nbsp;to 36.106&amp;nbsp;points compared to 35.740&amp;nbsp;points at the close of previous Tuesday.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise of the pound index came as a result of its rose against the US dollar,&amp;nbsp;the euro, the pound sterling,&amp;nbsp;the Chinese yuan, the Japanese yen, the UAE dirham, and the Saudi riyal at the end of today&amp;#39;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar decreased from EGP 52.56&amp;nbsp; to EGP 52.05&amp;nbsp;, while the average buying price fell from EGP 52.46&amp;nbsp;to EGP 51.95&amp;nbsp;by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The euro&amp;rsquo;s average selling price decreased from EGP 62&amp;nbsp;to EGP 61.33&amp;nbsp;, while the average buying price fell from EGP 61.88&amp;nbsp;to EGP 61.21&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The British pound&amp;rsquo;s selling price decreased from EGP 71.36&amp;nbsp;to EGP 70.55&amp;nbsp;, while the average buying price fell from EGP 71.21&amp;nbsp;to EGP 70.40&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Chinese yuan&amp;rsquo;s average selling price decreased from EGP 7.71 to EGP 7.63&amp;nbsp;, while the average buying price fell from EGP 7.70&amp;nbsp; to&amp;nbsp;EGP 7.62&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Japanese yen&amp;rsquo;s average selling price decreased from EGP 33.09&amp;nbsp;to EGP 32.72&amp;nbsp;, while the average buying price fell from EGP 33.03&amp;nbsp;to EGP 32.65.&lt;/p&gt;&lt;p dir="ltr"&gt;The UAE dirham&amp;rsquo;s average selling price decreased from EGP 14.31&amp;nbsp;to EGP 14.17&amp;nbsp;, while the average buying price fell from EGP 14.28&amp;nbsp;to EGP 14.14&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Saudi riyal&amp;rsquo;s average selling price decreased from EGP 14&amp;nbsp;to EGP 13.87&amp;nbsp;, while the average buying price fell from EGP 13.98 to EGP 13.85 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12729.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12728</guid><link>https://en.firstbankeg.com/12728</link><title>Foreign exchange rates at the end of Wednesday trading</title><description /><pubDate>Wed, 15 Apr 2026 15:48:18 +0200</pubDate><a10:updated>2026-04-15T15:48:18+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rates witnessed noticeable decreases at the close of Wednesday 15 April 2026 trading at Egyptian banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar fell against EGP recorded EGP 51.9529 for buying, while the sell price to EGP 52.0529 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 52.43 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 51.97 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro fell against EGP recorded EGP 61.2109&amp;nbsp;for buying and EGP 61.3339 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 61.64 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 61.33 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling fell against EGP recorded at EGP 70.4013 for buying and EGP 70.5524 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 70.78 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 70.57 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal fell against EGP today in Egypt recorded EGP&amp;nbsp;13.8474 for buying and EGP&amp;nbsp;13.8748 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;EBank&amp;raquo; at EGP 13.97 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in Faisal Islamic Bank at EGP 13.86 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar fell against EGP in Egypt reached EGP 169.5589 for buying, EGP 169.9408 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;HSBC&amp;raquo; at EGP 169.61 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in Credit Agricole Bank at EGP 169.71 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham today in Egypt recorded EGP 14.1438 for buying and EGP 14.1718 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;EBank&amp;raquo; at EGP 14.27 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo;,&amp;nbsp;&amp;laquo;FABMISR&amp;raquo;,&amp;nbsp;Al Barka Bank, Faisal Islamic Bank,&amp;nbsp;and Credit Agricole Bank at EGP 14.16 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12728.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12727</guid><link>https://en.firstbankeg.com/12727</link><title>Egypt’s banking sector performance on EGX at Wednesday</title><description /><pubDate>Wed, 15 Apr 2026 15:23:50 +0200</pubDate><a10:updated>2026-04-15T15:23:50+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on wednesday&amp;nbsp;&lt;span dir="RTL" lang="AR-EG"&gt;15&lt;/span&gt; April 2026, with an increase in the sector&amp;rsquo;s market capitalization by &lt;span dir="RTL" lang="AR-EG"&gt;2.73&lt;/span&gt;% reaching EGP 861.12&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP &lt;span dir="RTL" lang="AR-EG"&gt;838.21&lt;/span&gt;&amp;nbsp;billion at the close of yesterday&amp;rsquo;s&amp;nbsp;session.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The banking sector&amp;rsquo;s market capitalization represented &lt;span dir="RTL" lang="AR-EG"&gt;25.32&lt;/span&gt;% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The trading value of banking sector shares amounted to EGP &lt;span dir="RTL" lang="AR-EG"&gt;1.58&lt;/span&gt;&amp;nbsp;billion, representing &lt;span dir="RTL" lang="AR-EG"&gt;16.83&lt;/span&gt;% of the total trading value on the exchange today. A total of &lt;span dir="RTL" lang="AR-EG"&gt;19.65&lt;/span&gt; million shares were traded in the sector, accounting for 0.91% of the total trading volume of the exchange today.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by &lt;span dir="RTL" lang="AR-EG"&gt;1.51&lt;/span&gt;% to 50.733&amp;nbsp;points, and &amp;ldquo;EGX70&amp;rdquo; rose by &lt;span dir="RTL" lang="AR-EG"&gt;1.40&lt;/span&gt;% to 13.328&amp;nbsp;points, and &amp;ldquo;EGX100&amp;rdquo; rose by &lt;span dir="RTL" lang="AR-EG"&gt;1.33&lt;/span&gt;% to 18.&lt;span dir="RTL" lang="AR-EG"&gt;641&lt;/span&gt;&amp;nbsp;points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12727.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12726</guid><link>https://en.firstbankeg.com/12726</link><title>EGX30 ended Wednesday with 1.51% increase in benchmark index</title><description /><pubDate>Wed, 15 Apr 2026 15:18:14 +0200</pubDate><a10:updated>2026-04-15T15:18:14+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended Wednesday&amp;nbsp;&lt;span dir="RTL" lang="AR-EG"&gt;15&lt;/span&gt; April 2026 trading session with market capitalization of &lt;span dir="RTL" lang="AR-EG"&gt;3.517&lt;/span&gt; trillion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by &lt;span dir="RTL" lang="AR-EG"&gt;1.51&lt;/span&gt;% to reach 50.733&lt;span dir="RTL" lang="AR-EG"&gt;&amp;nbsp;&lt;/span&gt;points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on &lt;span dir="RTL" lang="AR-EG"&gt;219&lt;/span&gt; shares, &lt;span dir="RTL" lang="AR-EG"&gt;145&lt;/span&gt; shares rose, &lt;span dir="RTL" lang="AR-EG"&gt;58&lt;/span&gt;&amp;nbsp;fell and &lt;span dir="RTL" lang="AR-EG"&gt;16&lt;/span&gt;&amp;nbsp;shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached &lt;span dir="RTL" lang="AR-EG"&gt;2.15&lt;/span&gt; billion securities dealt in cash executed on&lt;span dir="RTL" lang="AR-EG"&gt;188.54&amp;nbsp;&lt;/span&gt;&amp;nbsp;thousand transactions, bringing the total trading volume to &lt;span dir="RTL" lang="AR-EG"&gt;9.38&lt;/span&gt;&amp;nbsp;bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12726.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12724</guid><link>https://en.firstbankeg.com/12724</link><title>EGX30 beginning Wednesday with 0.65% increase in benchmark index</title><description /><pubDate>Wed, 15 Apr 2026 11:03:24 +0200</pubDate><a10:updated>2026-04-15T11:03:24+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has Started Wednesday 15 April 2026 trading session with market capitalization of 3.505 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 49.978 points, recording a 0.65% increase in early trading to reach 50.302 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 213 shares, 138 shares rose, 30 fell and 45 shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 405 million securities dealt in cash executed on 51 thousand transactions, bringing the total trading volume to 2.32 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12724.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12723</guid><link>https://en.firstbankeg.com/12723</link><title>Foreign exchange rates at the beginning of Wednesday trading</title><description /><pubDate>Wed, 15 Apr 2026 11:00:02 +0200</pubDate><a10:updated>2026-04-15T11:00:02+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rate witnessed changes at the end&amp;nbsp;of wednesday 15 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/p&gt;&lt;article&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar fell against EGP recorded EGP 52.4580 for buying, while the sell price to EGP 52.5580 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 53.10 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 52.47 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro fell against EGP recorded EGP 61.8795&amp;nbsp;for buying and EGP 62.0079 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 62.42 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;CIB&amp;raquo; at EGP 61.87 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling rose against EGP recorded at EGP 71.2065 for buying and EGP 71.3580 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 71.68 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;CIB&amp;raquo;&amp;nbsp;at EGP 71.08 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal fell against EGP today in Egypt recorded EGP&amp;nbsp;13.9784 for buying and EGP&amp;nbsp;14.0058 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;EBank&amp;raquo; at EGP 14.15 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in Faisal Islamic Bank at EGP 13.99 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar fell against EGP in Egypt reached EGP 171.2076 for buying, EGP 171.5899 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;AIB&amp;raquo; at EGP 173.28 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in &amp;laquo;HSBC&amp;raquo; at EGP 173.38 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham today in Egypt recorded EGP 14.2805 for buying and EGP 14.3136 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;EBank&amp;raquo; at EGP 14.46 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo;,&amp;nbsp;&amp;laquo;HSBC&amp;raquo;,&amp;nbsp;Al Barka Bank, and Faisal Islamic Bank at EGP 14.47 .&lt;/p&gt;&lt;/article&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/15/12723.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12722</guid><link>https://en.firstbankeg.com/12722</link><title>Hisham Okasha Named in First Bank’s List of Top Egyptian Banking Executives for 2025</title><description>At a time of intensifying challenges within the banking sector, Hisham Okasha CEO of Banque Misr ,has been rec</description><pubDate>Tue, 14 Apr 2026 18:32:24 +0200</pubDate><a10:updated>2026-04-14T18:32:24+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;At a time of intensifying challenges within the banking sector, Hisham Okasha CEO of Banque Misr ,has been recognized by First Bank as one of Egypt&amp;rsquo;s premier executive leaders.&lt;/p&gt;&lt;p dir="ltr"&gt;His strategic vision has not only strengthened Banque Misr&amp;rsquo;s position in the Egyptian banking sector, but has also reinforced its role as a key player in the local market, steadily enhancing its competitive standing.&lt;/p&gt;&lt;p dir="ltr"&gt;Under this leadership, Banque Misr has achieved strong financial performance and record profits, while maintaining its position among the top 20 banks in the Middle East, reflecting solid growth and resilience amid global economic challenges.&lt;/p&gt;&lt;p dir="ltr"&gt;During the first 9 months of 2025, the bank continued its stellar performance, with net profit reaching EGP 68.35 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;pre-tax profits stood at EGP 108.33 bn during the first 9 months of 2025, while net interest income recorded EGP 123.75 bn, and net fees and commissions income reached EGP 21.84 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;On the balance sheet side, by the end of September 2025, total assets reached EGP 4.14 tn, up 14.6% year-to-date.&lt;/p&gt;&lt;p dir="ltr"&gt;Customer deposits stood at EGP 2.90 tn, increasing by 16% year-to-date, reflecting strong growth in the bank&amp;rsquo;s funding base.&lt;/p&gt;&lt;p dir="ltr"&gt;Total customer loans reached EGP 1.49 tn by the end of September 2025, increasing by 12.8% during the first nine months of 2025, supported by continued lending expansion.&lt;/p&gt;&lt;p dir="ltr"&gt;Shareholders&amp;rsquo; equity stood at EGP 370.32 bn by the end of September 2025, rising by 17% during the first nine months of 2025, reinforcing the bank&amp;rsquo;s strong capital position.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12722.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12720</guid><link>https://en.firstbankeg.com/12720</link><title>Foreign exchange rates at the end of Tuesday trading</title><description>The foreign exchange rates witnessed noticeable decreases at the close of Tuesday 14 April 2026 trading at Egy</description><pubDate>Tue, 14 Apr 2026 17:33:08 +0200</pubDate><a10:updated>2026-04-14T17:33:08+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="0"&gt;The foreign exchange rates witnessed noticeable decreases at the close of Tuesday 14 April 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="1"&gt;&lt;span style="color:#cc9933;"&gt;U.S. Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="1"&gt;The average dollar rate against EGP recorded a decrease today at EGP 52.4580 for buying, while the sell price recorded EGP 52.5580 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="1"&gt;The highest dollar rate for buying was in EBank at EGP 53.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="1"&gt;The lowest rate for selling was in Emirates NBD Egypt at EGP 52.47 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average Euro rate witnessed a decrease against EGP today, as it recorded EGP 61.8795 for buying and EGP 62.0079 for selling, according to the latest data issued on the Central Bank website.&lt;/p&gt;&lt;p data-path-to-node="2"&gt;The highest Euro rate for buying was in EBank at EGP 62.42 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="2"&gt;The lowest rate for selling was in CIB at EGP 61.87 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="3"&gt;&lt;span style="color:#cc9933;"&gt;Pound Sterling&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="3"&gt;The pound sterling saw a slight increase during today&amp;#39;s trading against EGP to EGP 71.2065 for buying and EGP 71.3580 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest pound sterling rate for buying was in EBank at EGP 71.68 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;While the lowest rate for selling was in CIB at EGP 71.08 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="4"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyals&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="4"&gt;The Saudi riyal witnessed a decrease at the close of today&amp;#39;s trading to record EGP 13.9784 for buying and EGP 14.0058 for selling, according to data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The highest rate for buying today was in EBank at EGP 14.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest rate for selling the Saudi riyal was in Faisal Islamic Bank at EGP 13.99 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The Kuwaiti dinar witnessed a noticeable decrease at the close of today&amp;#39;s trading in Egypt to reach EGP 171.2076 for buying and EGP 171.5899 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="5"&gt;The highest rate for buying the Kuwaiti dinar was in AIB at EGP 171.24 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="5"&gt;The lowest price for selling the Kuwaiti dinar was in HSBC Egypt at EGP 171.44 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="6"&gt;&lt;span style="color:#cc9933;"&gt;Emirati Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="6"&gt;The rate of Emirati dirham decreased at the close of today&amp;#39;s trading in Egypt to EGP 14.2805 for buying and EGP 14.3136 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest rate for buying the Emirati dirham today was in EBank at EGP 14.46 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The lowest price for selling the Emirati dirham today was in Emirates NBD Egypt, Al Baraka Bank Egypt, Faisal Islamic Bank, and HSBC Egypt at EGP 14.30 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12720.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12719</guid><link>https://en.firstbankeg.com/12719</link><title>EGP index rose against a basket of major currencies to 35.740 points at today's trading</title><description /><pubDate>Tue, 14 Apr 2026 16:58:30 +0200</pubDate><a10:updated>2026-04-14T16:58:30+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index witnessed increase against major currencies by the end of trading on Tuesday 13&amp;nbsp;April, stabilized&amp;nbsp;to 35.740&amp;nbsp;points compared to 35.438 points at the close of last Thursday.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise of the pound index came as a result of its rose against the US dollar,&amp;nbsp;the euro, the ,&amp;nbsp;the Chinese yuan, the Japanese yen, the UAE dirham, and the Saudi riyal, at the end of today&amp;#39;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar decreased from EGP 53.18 to EGP 52.56&amp;nbsp; , while the average buying price fell from EGP 53.08 to EGP 52.46&amp;nbsp;by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The euro&amp;rsquo;s average selling price decreased from EGP 62.12 to EGP 62&amp;nbsp;, while the average buying price fell from EGP 62 to EGP61.88&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Chinese yuan&amp;rsquo;s average selling price decreased from EGP 7.76 to EGP 7.69 , while the average buying price fell from EGP 7.78 to&amp;nbsp;EGP 7.71.&lt;/p&gt;&lt;p dir="ltr"&gt;The Japanese yen&amp;rsquo;s average selling price decreased from EGP 33.44 to EGP 33.09&amp;nbsp;, while the average buying price fell from EGP 33.37 to EGP 33.03&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The UAE dirham&amp;rsquo;s average selling price decreased from EGP 14.48 to EGP 14.31&amp;nbsp;, while the average buying price fell from EGP 14.45 to EGP 14.28&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Saudi riyal&amp;rsquo;s average selling price decreased from EGP 14.17 to EGP 14&amp;nbsp;, while the average buying price fell from EGP 14.14 to EGP 13.98.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile,&amp;nbsp;The British pound&amp;rsquo;s selling price rose from EGP 71.33 to EGP 71.36&amp;nbsp;, while the average buying price increased&amp;nbsp;from EGP 71.19 to EGP 71.21&amp;nbsp;.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12719.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12717</guid><link>https://en.firstbankeg.com/12717</link><title>Egypt’s banking sector performance on EGX at Tuesday </title><description /><pubDate>Tue, 14 Apr 2026 15:27:20 +0200</pubDate><a10:updated>2026-04-14T15:27:20+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on Tuesday&amp;nbsp;&lt;span dir="RTL" lang="AR-EG"&gt;14&lt;/span&gt; April 2026, with an increase in the sector&amp;rsquo;s market capitalization by &lt;span dir="RTL" lang="AR-EG"&gt;2.78&lt;/span&gt;% reaching EGP &lt;span dir="RTL" lang="AR-EG"&gt;838.205&lt;/span&gt;&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP &lt;span dir="RTL" lang="AR-EG"&gt;815.527&lt;/span&gt;&amp;nbsp;billion at the close of last Thursday session.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The banking sector&amp;rsquo;s market capitalization represented &lt;span dir="RTL" lang="AR-EG"&gt;24.94&lt;/span&gt;% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The trading value of banking sector shares amounted to EGP &lt;span dir="RTL" lang="AR-EG"&gt;979.39&lt;/span&gt; million, representing &lt;span dir="RTL" lang="AR-EG"&gt;10.77&lt;/span&gt;% of the total trading value on the exchange today. A total of &lt;span dir="RTL" lang="AR-EG"&gt;16.32&lt;/span&gt; million shares were traded in the sector, accounting for 0.3&lt;span dir="RTL" lang="AR-EG"&gt;7&lt;/span&gt;% of the total trading volume of the exchange today.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by &lt;span dir="RTL" lang="AR-EG"&gt;1.83&lt;/span&gt;% to 49.&lt;span dir="RTL" lang="AR-EG"&gt;978&lt;/span&gt; points, and &amp;ldquo;EGX70&amp;rdquo; rose by &lt;span dir="RTL" lang="AR-EG"&gt;1.16&lt;/span&gt;% to &lt;span dir="RTL" lang="AR-EG"&gt;13.144&lt;/span&gt; points, and &amp;ldquo;EGX100&amp;rdquo; rose by &lt;span dir="RTL" lang="AR-EG"&gt;1.14&lt;/span&gt;% to 18.&lt;span dir="RTL" lang="AR-EG"&gt;395&lt;/span&gt; points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12717.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12716</guid><link>https://en.firstbankeg.com/12716</link><title>EGX30 ended Tuesday with 1.83% increase in benchmark index</title><description /><pubDate>Tue, 14 Apr 2026 15:21:16 +0200</pubDate><a10:updated>2026-04-14T15:21:16+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended Tuesday&amp;nbsp;&lt;span dir="RTL" lang="AR-EG"&gt;14&lt;/span&gt; April 2026 trading session with market capitalization of &lt;span dir="RTL" lang="AR-EG"&gt;3.476&lt;/span&gt; trillion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by &lt;span dir="RTL" lang="AR-EG"&gt;1.83&lt;/span&gt;% to reach 49.&lt;span dir="RTL" lang="AR-EG"&gt;978 &lt;/span&gt;points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on &lt;span dir="RTL" lang="AR-EG"&gt;221&lt;/span&gt; shares, &lt;span dir="RTL" lang="AR-EG"&gt;138&lt;/span&gt; shares rose, &lt;span dir="RTL" lang="AR-EG"&gt;66&lt;/span&gt; fell and &lt;span dir="RTL" lang="AR-EG"&gt;17&lt;/span&gt; shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached &lt;span dir="RTL" lang="AR-EG"&gt;4.45&lt;/span&gt; billion securities dealt in cash executed on &lt;span dir="RTL" lang="AR-EG"&gt;205.96&lt;/span&gt; thousand transactions, bringing the total trading volume to &lt;span dir="RTL" lang="AR-EG"&gt;9.09&lt;/span&gt; bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12716.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12714</guid><link>https://en.firstbankeg.com/12714</link><title>EGX30 beginning Tuesday with 1.26% increase in benchmark index</title><description /><pubDate>Tue, 14 Apr 2026 13:41:39 +0200</pubDate><a10:updated>2026-04-14T13:41:39+02:00</a10:updated><a10:content type="html">&lt;p&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has Started Tuesday 14 April 2026 trading session with market capitalization of 3.466 trillion.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 49.078 points, recording a 1.26% increase in early trading to reach 49.698 points.&lt;/p&gt;&lt;p&gt;Investors traded on 216 shares, 108 shares rose, 43 fell and 65 shares remained stable.&lt;/p&gt;&lt;p&gt;However, the turnover reached 719 million securities dealt in cash executed on 61 thousand transactions, bringing the total trading volume to 1.73 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12714.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12713</guid><link>https://en.firstbankeg.com/12713</link><title>Foreign exchange rates at the beginning of Tuesday trading</title><description>The foreign exchange rates witnessed a stability at the beginning of Tuesday 14 April 2026 trading at Egyptian</description><pubDate>Tue, 14 Apr 2026 13:31:26 +0200</pubDate><a10:updated>2026-04-14T13:31:26+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed a stability at the beginning of Tuesday 14 April 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;U.S. Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average dollar rate against EGP recorded a decrease yesterday at EGP 53.0826 for buying, while the sell price recorded EGP 53.1826 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="2"&gt;The highest dollar rate for buying was in EGBANK at EGP 53.29 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="2"&gt;The lowest rate for selling was in Emirates NBD Egypt at EGP 53.09 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="3"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="3"&gt;The average Euro rate witnessed a decrease against EGP yesterday, as it recorded EGP 62.0004 for buying and EGP 62.1226 for selling, according to the latest data issued on the Central Bank website.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest Euro rate for buying was in EGBANK at EGP 62.08 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The lowest rate for selling was in ADCB Egypt and EBank at EGP 62.07 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="4"&gt;&lt;span style="color:#cc9933;"&gt;Pound Sterling&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="4"&gt;The pound sterling decreased during today&amp;#39;s trading against EGP to EGP 71.1890 for buying and EGP 71.3391 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The highest pound sterling rate for buying was in Arab African International Bank at EGP 71.29 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;While the lowest rate for selling was in EBank at EGP 71.29 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyals&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The Saudi riyal witnessed a slight decrease at the close of yesterday&amp;#39;s trading to record EGP 14.1448 for buying and EGP 14.1729 for selling, according to data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="5"&gt;The highest rate for buying today was in ADIB Egypt, ABK Egypt, and EBank at EGP 14.15 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="5"&gt;The lowest rate for selling the Saudi riyal was in Emirates NBD Egypt and Al Baraka Bank Egypt at EGP 14.16 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="6"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="6"&gt;The Kuwaiti dinar witnessed a noticeable decrease at the close of yesterday&amp;#39;s trading in Egypt to reach EGP 173.1612 for buying and EGP 173.5440 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest rate for buying the Kuwaiti dinar was in HSBC Egypt at EGP 173.28 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The lowest price for selling the Kuwaiti dinar was in Credit Agricole Egypt at EGP 173.38 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="7"&gt;&lt;span style="color:#cc9933;"&gt;Emirati Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="7"&gt;The rate of Emirati dirham decreased at the close of yesterday&amp;#39;s trading in Egypt to EGP 14.4505 for buying and EGP 14.4837 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The highest rate for buying the Emirati dirham today was in Bank of Alexandria at EGP 14.49 at the beginning of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest price for selling the Emirati dirham today was in Emirates NBD Egypt and Al Baraka Bank Egypt at EGP 14.47 at the beginning of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/14/12713.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12711</guid><link>https://en.firstbankeg.com/12711</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGP index rose against a basket of major currencies to 35.438 points at today's trading </title><description /><pubDate>Thu, 09 Apr 2026 17:33:20 +0200</pubDate><a10:updated>2026-04-09T17:33:20+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index witnessed increase against major currencies by the end of trading on thursday 9 April, stabilized&amp;nbsp;to 35.438 points compared to 35.275 points at the close of the previous wednesday.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise of the pound index came as a result of its rose against the US dollar,&amp;nbsp;the euro, the pound sterling,&amp;nbsp;the Chinese yuan, the Japanese yen, the UAE dirham, and the Saudi riyal at the end of today&amp;#39;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar decreased from EGP 53.36 to EGP 53.18, while the average buying price fell from EGP 53.26 to EGP 53.08 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The euro&amp;rsquo;s average selling price decreased from EGP 62.48 to EGP 62.12, while the average buying price fell from EGP 62.35 to EGP 62 .&lt;/p&gt;&lt;p dir="ltr"&gt;The British pound&amp;rsquo;s selling price decreased from EGP 71.93 to EGP 71.33, while the average buying price fell from EGP 71.77 to EGP 71.19 .&lt;/p&gt;&lt;p dir="ltr"&gt;The Chinese yuan&amp;rsquo;s average selling price decreased from&amp;nbsp;EGP 7.92 to EGP 7.99, while the average buying price fell from EGP 7.81 to&amp;nbsp;EGP 7.78 .&lt;/p&gt;&lt;p dir="ltr"&gt;The Japanese yen&amp;rsquo;s average selling price decreased from EGP 33.75 to&amp;nbsp;EGP&amp;nbsp;33.44, while the average buying price fell from EGP 33.69 to&amp;nbsp;EGP&amp;nbsp;33.37 .&lt;/p&gt;&lt;p dir="ltr"&gt;The UAE dirham&amp;rsquo;s average selling price decreased from EGP 14.53 to to EGP&amp;nbsp;14.48 , while the average buying price fell from EGP 14.49 to EGP 14.45.&lt;/p&gt;&lt;p dir="ltr"&gt;The Saudi riyal&amp;rsquo;s average selling price decreased from EGP 14.22 to EGP 14.17, while the average buying price fell from EGP 14.19 to EGP 14.14 by the end of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/09/12711.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12710</guid><link>https://en.firstbankeg.com/12710</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Foreign exchange rates at the end of Thursday trading </title><description /><pubDate>Thu, 09 Apr 2026 17:18:56 +0200</pubDate><a10:updated>2026-04-09T17:18:56+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rate witnessed changes at the end&amp;nbsp;of thursday 9 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/p&gt;&lt;article&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar fell against EGP recorded EGP 53.086 for buying, while the sell price to EGP 53.1826 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;EGBank&amp;raquo; at EGP 53.29 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 53.09 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro fell against EGP recorded EGP 62.0004 for buying and EGP 62.1226 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;EGBank&amp;raquo; at EGP 62.08 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;ADCB&amp;raquo;, &amp;laquo;EBank&amp;raquo; at EGP 62.94 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling fell against EGP recorded at EGP 71.1890 for buying and EGP 71.3391 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;AAIB&amp;raquo; at EGP 71.29 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;EBank&amp;raquo;&amp;nbsp;at EGP 71.29 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal fell against EGP today in Egypt recorded EGP&amp;nbsp;14.1448 for buying and EGP&amp;nbsp;14.1729 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;ADIB-Egypt&amp;raquo;,&amp;nbsp;&amp;laquo;ABK-Egypt&amp;raquo;,&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 14.15 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 14.16 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar fell against EGP in Egypt reached EGP 173.1612 for buying, EGP 173.5440 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;HSBC&amp;raquo; at EGP 173.28 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in Credit Agricole Bank at EGP 173.38 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham today in Egypt recorded EGP 14.4505 for buying and EGP 14.4837 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;ALEXBANK&amp;raquo; at EGP 14.49 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo;, Al Barka Bank at EGP 14.47 .&lt;/p&gt;&lt;/article&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/09/12710.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12709</guid><link>https://en.firstbankeg.com/12709</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title> Egypt’s banking sector performance on EGX at Thursday</title><description /><pubDate>Thu, 09 Apr 2026 15:38:19 +0200</pubDate><a10:updated>2026-04-09T15:38:19+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on wednesday 8 April 2026, with an increase in the sector&amp;rsquo;s market capitalization by 0.97% reaching EGP 815.23&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP 807.73&amp;nbsp;billion at the close of last sunday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The banking sector&amp;rsquo;s market capitalization represented 24.62% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/p&gt;&lt;p dir="ltr"&gt;The trading value of banking sector shares amounted to EGP 987.87 million, representing 12.65% of the total trading value on the exchange today. A total of 12.45 million shares were traded in the sector, accounting for 0.38% of the total trading volume of the exchange today.&lt;/p&gt;&lt;p data-end="814" data-start="664" dir="ltr"&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by 1% to 49.078 points, and &amp;ldquo;EGX70&amp;rdquo; rose by 0.19% to 12.993 points, and &amp;ldquo;EGX100&amp;rdquo; rose by 0.24% to 18.187 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/09/12709.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12708</guid><link>https://en.firstbankeg.com/12708</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 ended Thursday with 1% increase in benchmark index</title><description /><pubDate>Thu, 09 Apr 2026 15:34:41 +0200</pubDate><a10:updated>2026-04-09T15:34:41+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended thursday 9 April 2026 trading session with market capitalization of 3.427 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by 1% to reach 49.078 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 219 shares, 102 shares rose, 99 fell and 18 shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 3.25 billion securities dealt in cash executed on 182.58 thousand transactions, bringing the total trading volume to 7.81 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/09/12708.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12706</guid><link>https://en.firstbankeg.com/12706</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 begening Thursday with 0.92% increase in benchmark index </title><description /><pubDate>Thu, 09 Apr 2026 11:24:35 +0200</pubDate><a10:updated>2026-04-09T11:24:35+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has &lt;span&gt;&lt;span&gt;&lt;span&gt;Started&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; Thursday 9 April 2026 trading session with market capitalization of 3.427 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 48.593 points, recording a 0.92% increase in early trading to reach 49.038 points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on 215 shares, 95 shares rose, 54 fell and 66 shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached 748 million securities dealt in cash executed on 58 thousand transactions, bringing the total trading volume to 2.29 bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/09/12706.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12704</guid><link>https://en.firstbankeg.com/12704</link><title>Ahmed Galal Named in First Bank’s List of Top Egyptian Banking Executives for 2025</title><description /><pubDate>Wed, 08 Apr 2026 21:45:17 +0200</pubDate><a10:updated>2026-04-08T21:45:17+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;At a time of intensifying challenges within the banking sector, Ahmed Galal Chairman of the Board of Directors of the Egyptian Export Development Bank of Egypt (EBank), has been recognized by First Bank as one of Egypt&amp;rsquo;s premier executive leaders.&lt;/p&gt;&lt;p dir="ltr"&gt;Under his leadership, EBank has successfully strengthened its position within the Egyptian banking sector, reinforcing its market presence and enhancing its competitive edge.&lt;/p&gt;&lt;p dir="ltr"&gt;Through a clear strategic vision and a strong focus on sustainable growth, the bank has continued to build a solid foundation that supports long-term value creation and resilience in a dynamic financial environment.&lt;/p&gt;&lt;p dir="ltr"&gt;At the same time, under his leadership, EBank has demonstrated a strong commitment to innovation and customer-centricity by introducing a wide range of competitive products and services tailored to meet the evolving and diverse needs of its clients.&lt;/p&gt;&lt;p dir="ltr"&gt;This forward-looking approach has elevated the bank&amp;rsquo;s offerings and supported its positioning among the top 100 banks across the Arab world, reflecting its growing regional presence and robust financial performance.&lt;/p&gt;&lt;p dir="ltr"&gt;During 2025, the bank delivered a strong financial performance, with net profit increasing by 16% to reach EGP 6 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Net interest income rose by 15.6% to EGP 9.61 bn, reflecting solid growth in core banking operations.&lt;/p&gt;&lt;p dir="ltr"&gt;Net fees and commission income recorded EGP 1.55 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;The bank&amp;rsquo;s net loan portfolio to customers grew by 16.9% to reach EGP 84.17 bn, marking an increase of EGP 12.18 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Total assets expanded by 13.8% to EGP 206.93 bn, with an increase of EGP 25.07 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Customer deposits also increased by 6.2%, reaching EGP 145.76 bn by the end of 2025.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/08/12704.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12702</guid><link>https://en.firstbankeg.com/12702</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Egypt’s banking sector performance on EGX at Wednesday closing </title><description /><pubDate>Wed, 08 Apr 2026 15:12:45 +0200</pubDate><a10:updated>2026-04-08T15:12:45+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on wednesday 8 April 2026, with an increase in the sector&amp;rsquo;s market capitalization by 3.39% reaching EGP 807.73&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP 808.26&amp;nbsp;billion at the close of last sunday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The banking sector&amp;rsquo;s market capitalization represented 24.58% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/p&gt;&lt;p dir="ltr"&gt;The trading value of banking sector shares amounted to EGP 1.186 billion, representing 10.06% of the total trading value on the exchange today. A total of 16.87 million shares were traded in the sector, accounting for 0.70% of the total trading volume of the exchange today.&lt;/p&gt;&lt;p data-end="814" data-start="664" dir="ltr"&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by 4.10% to 48.593 points, and &amp;ldquo;EGX70&amp;rdquo; rose by 1.32% to 12.968 points, and &amp;ldquo;EGX100&amp;rdquo; rose by 1.61% to 18.143 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/08/12702.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12701</guid><link>https://en.firstbankeg.com/12701</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 ended Wednesday with 4.10% increase in benchmark index</title><description /><pubDate>Wed, 08 Apr 2026 15:03:49 +0200</pubDate><a10:updated>2026-04-08T15:03:49+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended wednesday 8 April 2026 trading session with market capitalization of 3.400 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by 4.10% to reach 48.593 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 219 shares, 166 shares rose, 39 fell and 14 shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 2.43 billion securities dealt in cash executed on 206.1 thousand transactions, bringing the total trading volume to 11.79 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/08/12701.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12700</guid><link>https://en.firstbankeg.com/12700</link><title>Tamer Waheed Named in First Bank’s List of Top Egyptian Banking Executives for 2025</title><description>At a time of intensifying challenges within the banking sector, Tamer Waheed has been recognized by First Bank</description><pubDate>Tue, 07 Apr 2026 17:31:41 +0200</pubDate><a10:updated>2026-04-07T17:31:41+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;At a time of intensifying challenges within the banking sector, Tamer Waheed&amp;nbsp;Vice Chairman &amp;amp; Managing Directorof Arab African International Bank (AAIB),&amp;nbsp;has been recognized by First Bank as one of Egypt&amp;rsquo;s premier executive leaders.&lt;/p&gt;&lt;p dir="ltr"&gt;Under his leadership, the bank strengthened its market presence through innovative, customer-focused solutions, becoming the fourth largest bank in Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;He also successfully reduced the bank&amp;rsquo;s non-performing loan ratio to its lowest level in the past decade and led the bank to rank among the top 50 banks in the Arab region.&lt;/p&gt;&lt;p dir="ltr"&gt;During 2025, the bank delivered a strong financial performance, recording a Net Profit of EGP 17.85 bn, reflecting a growth rate of 31%.&lt;/p&gt;&lt;p dir="ltr"&gt;Pre-tax profits also witnessed robust growth, rising to EGP 25.78 bn, representing an increase of 29%.&lt;/p&gt;&lt;p dir="ltr"&gt;Total Assets grew by 3.5% to reach EGP 955.24 bn, reflecting an absolute increase of EGP 32.03 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, Customer Deposits increased to EGP 687.08 bn, marking a growth rate of 2.2% and an absolute increase of EGP 14.68 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Shareholders&amp;rsquo; Equity rose to EGP 141.49 bn, reflecting a growth rate of 6.7% and an absolute increase of EGP 8.86 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Total Loans to Customers rose to EGP 240.67 bn, reflecting a growth rate of 19.1% and an absolute increase of EGP 38.58 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12700.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12699</guid><link>https://en.firstbankeg.com/12699</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGP index fell against a basket of major currencies to 34.539 points at today's trading</title><description>The Egyptian pound index witnessed decline against major currencies by the end of trading on monday 6 April, s</description><pubDate>Tue, 07 Apr 2026 16:37:25 +0200</pubDate><a10:updated>2026-04-07T16:37:25+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index witnessed decline against major currencies by the end of trading on monday 6 April, stabilized&amp;nbsp;to 34.539 points compared to 34.727&amp;nbsp;points at the close of the previous sunday.&lt;/p&gt;&lt;p dir="ltr"&gt;The decline of the pound index came as a result of its fell against the US dollar,&amp;nbsp;the euro, the pound sterling,&amp;nbsp;the Chinese yuan, the Japanese yen, the UAE dirham, and the Saudi riyal at the end of today&amp;#39;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar increased from EGP 54.49 to EGP 54.75, while the average buying price rose from EGP 54.39 to EGP 54.65 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The euro&amp;rsquo;s average selling price increased from EGP 62.95 to EGP 63.33, while the average buying price rose from EGP 62.82 to EGP 63.20 .&lt;/p&gt;&lt;p dir="ltr"&gt;The British pound&amp;rsquo;s selling price increased from EGP 72.19 to EGP 72.60, while the average buying price rose EGP 72.05 to EGP 72.43&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Chinese yuan&amp;rsquo;s average selling price increased from&amp;nbsp;EGP 7.92 to EGP 7.99, while the average buying price rose from EGP 7.90 to&amp;nbsp;EGP 7.97 .&lt;/p&gt;&lt;p dir="ltr"&gt;The Japanese yen&amp;rsquo;s average selling price increased from EGP 34.18 to EGP 34.7&amp;nbsp;, while the average buying price rose from EGP 34.10&amp;nbsp;to&amp;nbsp;EGP&amp;nbsp;34.21 .&lt;/p&gt;&lt;p dir="ltr"&gt;The UAE dirham&amp;rsquo;s average selling price increased from EGP 14.84 to to EGP&amp;nbsp;14.91 , while the average buying price rose from EGP 14.80 to EGP 14.88.&lt;/p&gt;&lt;p dir="ltr"&gt;The Saudi riyal&amp;rsquo;s average selling price increased from EGP 14.51 to EGP 14.58, while the average buying price rose from EGP 14.51&amp;nbsp;to EGP 14.56&amp;nbsp;by the end of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12699.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12698</guid><link>https://en.firstbankeg.com/12698</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Foreign exchange rates at the end of Tuesday trading </title><description /><pubDate>Tue, 07 Apr 2026 16:01:05 +0200</pubDate><a10:updated>2026-04-07T16:01:05+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rate witnessed changes at the end&amp;nbsp;of tuesday 7 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/p&gt;&lt;article&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar rose against EGP recorded EGP 54.6537 for buying, while the sell price to EGP 54.7537 according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo;, &amp;laquo;ABK-Egypt&amp;raquo;, &amp;laquo;NXT Bank&amp;raquo;, &amp;laquo;FABMISR&amp;raquo;, Suez Canal Bank at EGP 54.70 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;NBK-Egypt&amp;raquo; at EGP 54.51 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro rose against EGP recorded EGP 63.2016 for buying and EGP 63.3281 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;MID Bank&amp;raquo; at EGP 62.73 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;NBK-Egypt&amp;raquo; at EGP 62.94 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling rose against EGP recorded at EGP 72.4271 for buying and EGP 72.5979 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;MID Bank&amp;raquo; at EGP 72.46 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 72.19 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal against EGP today in Egypt recorded EGP&amp;nbsp;14.5538 for buying and EGP&amp;nbsp;14.5819 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;ADIB-Egypt&amp;raquo;,&amp;nbsp;&amp;laquo;ABK-Egypt&amp;raquo; at EGP 14.57 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 14.57 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar rose against EGP in Egypt reached EGP 178.0251 for buying, EGP 178.4090 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;Saib&amp;raquo; at EGP 178.01 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in Credit Agricole Bank at EGP 178.27 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham today in Egypt recorded EGP 14.8782 for buying and EGP 14.9115 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.89 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 14.89 .&lt;/p&gt;&lt;/article&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12698.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12696</guid><link>https://en.firstbankeg.com/12696</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Egypt’s banking sector performance on EGX at Tuesday closing </title><description>Closed the banking sector on the Egyptian Exchange at the end of trading on tuesday 7 April 2026, with an decr</description><pubDate>Tue, 07 Apr 2026 15:03:58 +0200</pubDate><a10:updated>2026-04-07T15:03:58+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on tuesday 7 April 2026, with an decrease in the sector&amp;rsquo;s market capitalization by 3.34% reaching EGP 781.23&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP 808.26&amp;nbsp;billion at the close of last sunday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The banking sector&amp;rsquo;s market capitalization represented 24.32% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/p&gt;&lt;p dir="ltr"&gt;The trading value of banking sector shares amounted to EGP 793.25 million, representing 11.31% of the total trading value on the exchange today. A total of 12.21 million shares were traded in the sector, accounting for 0.51% of the total trading volume of the exchange today.&lt;/p&gt;&lt;p data-end="814" data-start="664" dir="ltr"&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based decline across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; decreased by 2.04% to 46.681 points, and &amp;ldquo;EGX70&amp;rdquo; fell by 0.74% to 12.799 points, and &amp;ldquo;EGX100&amp;rdquo; fell by 0.68% to 17.856 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12696.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12695</guid><link>https://en.firstbankeg.com/12695</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 ended Tuesday with 2.04% decrease in benchmark index </title><description /><pubDate>Tue, 07 Apr 2026 14:59:00 +0200</pubDate><a10:updated>2026-04-07T14:59:00+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended tuesday 7 April 2026 trading session with market capitalization of 3.329 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index EGX30 recorded an decrease at today&amp;rsquo;s closing session by 2.04% to reach 46.681 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 218 shares, 67 shares rose, 137 fell and 14 shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 2.38 billion securities dealt in cash executed on 164.12 thousand transactions, bringing the total trading volume to 7.02 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12695.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12692</guid><link>https://en.firstbankeg.com/12692</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 begening Tuesday with 1.42% decrease in benchmark index </title><description>Egyptian Stock Exchange EGX30 has Started Tuesday 7 April 2026 trading session with market capitalization of</description><pubDate>Tue, 07 Apr 2026 11:05:40 +0200</pubDate><a10:updated>2026-04-07T11:05:40+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has &lt;span&gt;&lt;span&gt;&lt;span&gt;Started&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; Tuesday 7 April 2026 trading session with market capitalization of 3.354 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 47.651 points, recording a 1.42% decrease in early trading to reach 46.977 points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on 209 shares, 93 shares rose, 61 fell and 55 shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached 351 million securities dealt in cash executed on 39 thousand transactions, bringing the total trading volume to 1.3 bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12692.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12691</guid><link>https://en.firstbankeg.com/12691</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Foreign exchange rates at the beginning of Tuesday trading</title><description /><pubDate>Tue, 07 Apr 2026 10:55:50 +0200</pubDate><a10:updated>2026-04-07T10:55:50+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The foreign exchange rate witnessed an stability at the beginning of Monday 6 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar&amp;nbsp; against EGP recorded EGP 54.3860 for buying, while the sell price to EGP 54.4860&amp;nbsp;according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo; at EGP 54.52 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 54.39 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro rose against EGP recorded EGP 62.8213 for buying and EGP 62.9531 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo; at EGP 62.73 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 62.92 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling rose against EGP recorded at EGP 72.0506 for buying and EGP 72.1885 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo; at EGP 71.86 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 72.12 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal against EGP today in Egypt recorded EGP&amp;nbsp;14.4856 for buying and EGP&amp;nbsp;14.5141 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.52 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;FABMISR&amp;raquo;, &amp;laquo;HDB&amp;raquo;, Al Barka Bank at EGP 14.50 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar rose against EGP in Egypt reached EGP 177.1531 for buying, EGP 177.5367 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;Saib&amp;raquo; at EGP 177.17 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in &amp;laquo;HDB&amp;raquo; at EGP 177.45 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham rose today in Egypt recorded EGP 14.8033 for buying and EGP 14.8366 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.84 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 14.82 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/07/12691.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12689</guid><link>https://en.firstbankeg.com/12689</link><title>Khaled El Salawy Named in First Bank’s List of Top Egyptian Banking Executives for 2025</title><description>At a time of intensifying challenges within the banking sector, Khaled El Salawy has been recognized by ABK Eg</description><pubDate>Mon, 06 Apr 2026 18:23:05 +0200</pubDate><a10:updated>2026-04-06T18:23:05+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;At a time of intensifying challenges within the banking sector, Khaled El Salawy&amp;nbsp;Chief Executive Officer &amp;amp; Managing Director of ABK Egypt, has been recognized by First Bank as one of Egypt&amp;rsquo;s premier executive leaders.&lt;/p&gt;&lt;p dir="ltr"&gt;He led ABK Egypt to strengthen its position in the Egyptian market, while driving the launch of competitive products and services tailored to meet diverse customer needs.&lt;/p&gt;&lt;p dir="ltr"&gt;He also led the bank to rank among the top 10 private-sector banks in Egypt in terms of loans, reflecting its strong performance, expansion strategy, and growing presence in the local market.&lt;/p&gt;&lt;p dir="ltr"&gt;During 2025, the bank delivered a strong financial performance, recording a net profit of EGP 5.3 bn, achieving a growth rate of 39% after&amp;nbsp;exclude foreign exchange differences.&lt;/p&gt;&lt;p dir="ltr"&gt;Net interest income increased by 29% to reach EGP 8.4 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Net Customer loans rose to EGP 84.2 bn, reflecting strong annual growth of 28%, while customer deposits grew to EGP 141 bn, representing an approximate year-on-year increase of 18%.&lt;/p&gt;&lt;p dir="ltr"&gt;Its total asset portfolio also rose to approximately EGP 178.1 bn by the end of December, achieving a growth rate of 26%.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12689.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12688</guid><link>https://en.firstbankeg.com/12688</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGP index stabilizes against a basket of major currencies to 34.727 points at today's trading </title><description /><pubDate>Mon, 06 Apr 2026 17:24:11 +0200</pubDate><a10:updated>2026-04-06T17:24:11+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index witnessed stbaility against major currencies by the end of trading on monday 6 April, stabilized&amp;nbsp;to 34.727 points compared to 34.729&amp;nbsp;points at the close of the previous sunday.&lt;/p&gt;&lt;p dir="ltr"&gt;The stability of the pound index came as a result of its stability against the Chinese yuan, the Japanese yen, the UAE dirham, its decline against the euro, the pound sterling, and its rise against the US dollar, and the Saudi riyal at the end of today&amp;#39;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The euro&amp;rsquo;s average selling price increased from EGP 62.82 to EGP 62.95, while the average buying price rose from EGP 62.68 to EGP 62.82&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The British pound&amp;rsquo;s selling price climbed from EGP 71.98 to EGP 72.19, while the average buying price increased from EGP 71.79 to EGP 72.05&amp;nbsp;.&lt;/p&gt;&lt;p dir="ltr"&gt;The Chinese yuan&amp;rsquo;s average selling price stabilized at EGP 7.92, while the average buying price stabilized at EGP 7.90 .&lt;/p&gt;&lt;p dir="ltr"&gt;The Japanese yen&amp;rsquo;s average selling price stabilized at EGP 34.18, while the average buying price stabilized at EGP 34.10 .&lt;/p&gt;&lt;p dir="ltr"&gt;The UAE dirham&amp;rsquo;s average selling price stabilized at EGP 14.84, while the average buying price fell from EGP 14.82 to EGP 14.80.&lt;/p&gt;&lt;p dir="ltr"&gt;The Saudi riyal&amp;rsquo;s average selling price decreased from EGP 14.53 to EGP 14.51, while the average buying price stabilized at EGP 14.49 by the end of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar fell from EGP 54.54 to EGP 54.49, while the average buying price fell from EGP 54.44 to EGP 54.39 by the close of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12688.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12687</guid><link>https://en.firstbankeg.com/12687</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Foreign exchange rates at the end of Monday trading </title><description /><pubDate>Mon, 06 Apr 2026 16:50:14 +0200</pubDate><a10:updated>2026-04-06T16:50:14+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The foreign exchange rate witnessed slightly changes at the end&amp;nbsp;of monday 6 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/p&gt;&lt;p dir="ltr"&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/p&gt;&lt;article&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The US dollar&amp;nbsp; against EGP recorded EGP 54.3860 for buying, while the sell price to EGP 54.4860&amp;nbsp;according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo; at EGP 54.52 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 54.39 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Euro rose against EGP recorded EGP 62.8213 for buying and EGP 62.9531 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo; at EGP 62.73 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 62.92 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The pound sterling rose against EGP recorded at EGP 72.0506 for buying and EGP 72.1885 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo; at EGP 71.86 .&lt;/p&gt;&lt;p dir="ltr"&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 72.12 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal against EGP today in Egypt recorded EGP&amp;nbsp;14.4856 for buying and EGP&amp;nbsp;14.5141 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.52 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest rate for selling was in &amp;laquo;FABMISR&amp;raquo;, &amp;laquo;HDB&amp;raquo;, Al Barka Bank at EGP 14.50 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;Kuwaiti dinar rose against EGP in Egypt reached EGP 177.1531 for buying, EGP 177.5367 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;Saib&amp;raquo; at EGP 177.17 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling was in &amp;laquo;HDB&amp;raquo; at EGP 177.45 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The rate of Emirati dirham rose today in Egypt recorded EGP 14.8033 for buying and EGP 14.8366 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.84 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 14.82 .&lt;/p&gt;&lt;/article&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12687.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12686</guid><link>https://en.firstbankeg.com/12686</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Egypt’s banking sector performance on EGX at Monday closing</title><description>Closed the banking sector on the Egyptian Exchange at the end of trading on monday 6 April 2026, with an Incre</description><pubDate>Mon, 06 Apr 2026 15:05:42 +0200</pubDate><a10:updated>2026-04-06T15:05:42+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on monday 6 April 2026, with an Increase in the sector&amp;rsquo;s market capitalization by 0.39% reaching EGP 808.26&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP 805.11&amp;nbsp;billion at the close of last sunday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The banking sector&amp;rsquo;s market capitalization represented 24.86% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/p&gt;&lt;p dir="ltr"&gt;The trading value of banking sector shares amounted to EGP 696.99 million, representing 9.20% of the total trading value on the exchange today. A total of 13.62 million shares were traded in the sector, accounting for 0.51% of the total trading volume of the exchange today.&lt;/p&gt;&lt;p data-end="814" data-start="664" dir="ltr"&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; Increased by 0.79% to 47.651 points, and &amp;ldquo;EGX70&amp;rdquo; rose by 0.38% to 12.895 points, and &amp;ldquo;EGX100&amp;rdquo; rose by 0.45% to 17.978 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12686.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12685</guid><link>https://en.firstbankeg.com/12685</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 ended Monday with 0.79% Increase in benchmark index </title><description /><pubDate>Mon, 06 Apr 2026 15:00:53 +0200</pubDate><a10:updated>2026-04-06T15:00:53+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended Monday 6 April 2026 trading session with market capitalization of 3.365 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by 0.79% to reach 47.651 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 219 shares, 123 shares rose, 77 fell and 19 shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 2.68 billion securities dealt in cash executed on 165.29 thousand transactions, bringing the total trading volume to 7.57 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12685.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12683</guid><link>https://en.firstbankeg.com/12683</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>EGX30 beginning Monday with 0.77% increase in benchmark</title><description /><pubDate>Mon, 06 Apr 2026 11:54:36 +0200</pubDate><a10:updated>2026-04-06T11:54:36+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has Started Monday 6 April 2026 trading session with market capitalization of 3.369 trillion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 47.276 points, recording a 0.77% increase in early trading to reach 47.639 points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on 216 shares, 126 shares rose, 44 fell and 46 shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached 822 million securities dealt in cash executed on 66 thousand transactions, bringing the total trading volume to 2.3 bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12683.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12682</guid><link>https://en.firstbankeg.com/12682</link><a10:author><a10:name>Adham Mohamed</a10:name></a10:author><title>Foreign exchange rates at the beginning of Monday trading</title><description /><pubDate>Mon, 06 Apr 2026 10:41:24 +0200</pubDate><a10:updated>2026-04-06T10:41:24+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The foreign exchange rate witnessed an stability at the beginning of Monday 6 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;US Dollar&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The average exchange rate of the US dollar rose against the Egyptian pound, reaching EGP 54.4363 for buying and EGP 54.5363 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price for the dollar was recorded at &amp;laquo;ADIB-Egypt&amp;raquo;, &amp;laquo;Saib&amp;raquo;, &amp;laquo;ABK-Egypt&amp;raquo;,&amp;nbsp;Suez Canal Bank at EGP 54.47 by the end of the session.&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates-NBD&amp;raquo; at EGP 54.30.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Euro&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro also increased, recording EGP 62.6834 for buying and EGP 62.8203 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;Saib&amp;raquo; at EGP 62.72.&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates-NBD&amp;raquo; at EGP 62.85.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The British pound remained stable, recording EGP 71.7960 for buying and EGP 71.9770 for selling,&amp;nbsp;according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;Saib&amp;raquo; at EGP 71.85.&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 72.06.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Saudi Riyal&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal remained stable at EGP 14.4970 for buying and EGP 14.5256 for selling,&amp;nbsp;according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB-Egypt&amp;raquo;, &amp;laquo;ABK-Egypt&amp;raquo; at EGP 14.51.&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at Al Baraka Bank at EGP 14.51.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Kuwaiti Dinar&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar increased to EGP 177.3169 for buying and EGP 177.7005 for selling,&amp;nbsp;according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;Saib&amp;raquo; at EGP 177.43.&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CIB&amp;raquo; at EGP 177.68.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;UAE Dirham&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The UAE dirham remained stable at EGP 14.8182 for buying and EGP 14.8495 for selling,&amp;nbsp;according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.83.&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 14.83.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/06/12682.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12681</guid><link>https://en.firstbankeg.com/12681</link><title>Hisham Ezz Al-Arab Named in First Bank’s List of Top Egyptian Banking Executives for 2025</title><description>At a time of intensifying challenges within the banking sector, Hisham Ezz Al-Arab has been recognized by Firs</description><pubDate>Sun, 05 Apr 2026 17:54:51 +0200</pubDate><a10:updated>2026-04-05T17:54:51+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;At a time of intensifying challenges within the banking sector, Hisham Ezz Al-Arab has been recognized by First Bank as one of Egypt&amp;rsquo;s premier executive leaders.&lt;/p&gt;&lt;p dir="ltr"&gt;
He led the Commercial International Bank (CIB) to further strengthen its position as the largest private-sector bank in Egypt, while driving the launch of competitive products and services tailored to meet diverse customer needs.&lt;/p&gt;&lt;p dir="ltr"&gt;He also led the bank to rank among the top 50 banks in the Middle East and North Africa, reflecting its strong performance, expansion strategy, and growing regional presence.&lt;/p&gt;&lt;p dir="ltr"&gt;During 2025, the bank delivered a strong financial performance, recording a Net Profit of EGP 81.81 bn, reflecting a growth rate of 47.6% and an absolute increase of EGP 26.38 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Pre-tax profits also witnessed robust growth, rising to EGP 110.95 bn, representing an increase of 43.3% and an absolute growth of EGP 33.55 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;The bank&amp;rsquo;s core income streams showed solid momentum, as Net Interest Income grew by 18.1% to reach EGP 107.22 bn, reflecting an absolute increase of EGP 16.41 bn.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, Net Fees and Commissions Income increased to EGP 9.16 bn, marking a growth rate of 29.6% and an absolute increase of EGP 2.09 bn.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Balance Sheet Expansion&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;On the financial position front, the bank&amp;rsquo;s total assets expanded by 18.8% during 2025, reaching EGP 1.44 tn by year-end.&lt;/p&gt;&lt;p dir="ltr"&gt;Customer deposits grew to EGP 1.11 tn, reflecting a year-on-year growth of 14.2%.&lt;/p&gt;&lt;p dir="ltr"&gt;Additionally, the bank&amp;rsquo;s net loans portfolio recorded strong growth of 47.6%, reaching EGP 503.36 bn, with an absolute increase of EGP 162.41 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12681.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12680</guid><link>https://en.firstbankeg.com/12680</link><a10:author><a10:name>Shaimaa Nasser</a10:name></a10:author><title>EGP index decreased against a basket of major currencies to 34.729 points at today's trading</title><description /><pubDate>Sun, 05 Apr 2026 16:09:30 +0200</pubDate><a10:updated>2026-04-05T16:09:30+02:00</a10:updated><a10:content type="html">&lt;p&gt;The Egyptian pound index declined against major currencies by the end of trading on Thursday, April 5, falling to 34.729 points compared to 34.812 points at the close of the previous Thursday.&lt;/p&gt;&lt;p&gt;The decline in the pound index was driven by its depreciation against several key currencies, including the US dollar, euro, Chinese yuan, British pound, Japanese yen, Saudi riyal, and UAE dirham by the end of today&amp;rsquo;s trading.&lt;/p&gt;&lt;p&gt;The average selling price of the US dollar rose from EGP 54.40 to EGP 54.54, while the average buying price increased from EGP 54.30 to EGP 54.44 by the close of trading.&lt;/p&gt;&lt;p&gt;The euro&amp;rsquo;s average selling price increased from EGP 62.71 to EGP 62.82, while the average buying price rose from EGP 62.59 to EGP 62.68.&lt;/p&gt;&lt;p&gt;The British pound&amp;rsquo;s selling price climbed from EGP 71.89 to EGP 71.98, while the average buying price increased from EGP 71.74 to EGP 71.79.&lt;/p&gt;&lt;p&gt;The Chinese yuan&amp;rsquo;s average selling price rose from EGP 7.89 to EGP 7.92, while the average buying price increased from EGP 7.87 to EGP 7.90.&lt;/p&gt;&lt;p&gt;The Japanese yen&amp;rsquo;s average selling price increased from EGP 34.09 to EGP 34.18, while the average buying price rose from EGP 34.01 to EGP 34.11.&lt;/p&gt;&lt;p&gt;The UAE dirham&amp;rsquo;s average selling price rose from EGP 14.82 to EGP 14.85, while the average buying price increased from EGP 14.78 to EGP 14.82.&lt;/p&gt;&lt;p&gt;The Saudi riyal&amp;rsquo;s average selling price increased from EGP 14.49 to EGP 14.53, while the average buying price rose from EGP 14.46 to EGP 14.49 by the end of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12680.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12679</guid><link>https://en.firstbankeg.com/12679</link><a10:author><a10:name>Shaimaa Nasser</a10:name></a10:author><title>Foreign exchange rates at the end of Sunday trading</title><description /><pubDate>Sun, 05 Apr 2026 16:03:40 +0200</pubDate><a10:updated>2026-04-05T16:03:40+02:00</a10:updated><a10:content type="html">&lt;p&gt;Foreign currency exchange rates recorded a slight increase by the close of trading in Egyptian banks on Sunday, April 5, 2026. Below is a detailed overview of exchange rates in the Egyptian banking sector:&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;US Dollar&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The average exchange rate of the US dollar rose against the Egyptian pound, reaching EGP 54.4363 for buying and EGP 54.5363 for selling, according to the latest data from the Central Bank of Egypt.
The highest buying price for the dollar was recorded at ADIB Egypt, saib, Suez Canal Bank, and ABK Egypt at EGP 54.47 by the end of the session.
The lowest selling price was recorded at Emirates NBD Egypt at EGP 54.30.&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Euro&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The euro also increased, recording EGP 62.6834 for buying and EGP 62.8203 for selling, based on the latest Central Bank data.
The highest buying price was recorded at saib at EGP 62.72.
The lowest selling price was recorded at Emirates NBD Egypt at EGP 62.85.&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The British pound remained stable, recording EGP 71.7960 for buying and EGP 71.9770 for selling.
The highest buying price was recorded at saib at EGP 71.85.
The lowest selling price was recorded at Emirates NBD Egypt at EGP 72.06.&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Saudi Riyal&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The Saudi riyal remained stable at EGP 14.4970 for buying and EGP 14.5256 for selling.
The highest buying price was recorded at ADIB Egypt and ABK Egypt at EGP 14.51.
The lowest selling price was recorded at Al Baraka Bank Egypt at EGP 14.51.&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Kuwaiti Dinar&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The Kuwaiti dinar increased to EGP 177.3169 for buying and EGP 177.7005 for selling.
The highest buying price was recorded at saib Egypt at EGP 177.43.
The lowest selling price was recorded at Commercial International Bank (CIB) Egypt at EGP 177.68.&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;UAE Dirham&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The UAE dirham remained stable at EGP 14.8182 for buying and EGP 14.8495 for selling.
The highest buying price was recorded at ADIB Egypt at EGP 14.83.
The lowest selling price was recorded at Emirates NBD Egypt at EGP 14.83.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12679.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12678</guid><link>https://en.firstbankeg.com/12678</link><a10:author><a10:name>Shaimaa Nasser</a10:name></a10:author><title>EGX30 ended Sunday with 1.89% Increase in benchmark index</title><description /><pubDate>Sun, 05 Apr 2026 15:48:34 +0200</pubDate><a10:updated>2026-04-05T15:48:34+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has ended Sunday 5 April 2026 trading session with market capitalization of 3.332 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index EGX30 recorded an increase at today&amp;rsquo;s closing session by 1.89% to reach 47.276 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded on 221&amp;nbsp;shares, 135 shares rose, 58 fell and 28&amp;nbsp;shares remained stable.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the turnover reached 2.58 billion securities dealt in cash executed on 161.68 thousand transactions, bringing the total trading volume to 6.06 bn.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12678.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12677</guid><link>https://en.firstbankeg.com/12677</link><a10:author><a10:name>Shaimaa Nasser</a10:name></a10:author><title>Egypt’s banking sector performance on EGX at Sunday closing</title><description>Closed the banking sector on the Egyptian Exchange at the end of trading on Sunday5 April 2026, with an Incre</description><pubDate>Sun, 05 Apr 2026 15:42:22 +0200</pubDate><a10:updated>2026-04-05T15:42:22+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Closed the banking sector on the Egyptian Exchange at the end of trading on Sunday&amp;nbsp;5 April 2026, with an Increase in the sector&amp;rsquo;s market capitalization by 1.78%, reaching EGP 805.112&amp;nbsp;billion at the close of today&amp;rsquo;s session, compared to EGP 791&amp;nbsp;billion at the close of last Thursday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The banking sector&amp;rsquo;s market capitalization represented 24.98% of the total market capitalization today, which is the highest percentage among all sectors listed on the exchange.&lt;/p&gt;&lt;p dir="ltr"&gt;The trading value of banking sector shares amounted to EGP 537.55 million, representing 8.87% of the total trading value on the exchange today. A total of 14.15&amp;nbsp; million shares were traded in the sector, accounting for 0.55% of the total trading volume of the exchange today.&lt;/p&gt;&lt;p data-end="814" data-start="664"&gt;The Egyptian Exchange closed today&amp;rsquo;s session with a broad-based rise across its main indices, supported by net foreign buying worth EGP 258.8 million.&lt;/p&gt;&lt;p dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; Increased by 1.89% to 47.276 points, and &amp;ldquo;EGX70&amp;rdquo; rose by 0.73% to 12.846 points, and &amp;ldquo;EGX100&amp;rdquo; rose by 0.98% to 17.898 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12677.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12674</guid><link>https://en.firstbankeg.com/12674</link><title>EGX30 beginning Sunday with 0.59% increase in benchmark</title><description /><pubDate>Sun, 05 Apr 2026 11:25:36 +0200</pubDate><a10:updated>2026-04-05T11:25:36+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Egyptian Stock Exchange &amp;laquo;EGX30&amp;raquo; has Started Sunday 5 April 2026 trading session with market capitalization of 3.311 trillion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The benchmark EGX30 index opened today&amp;rsquo;s session at 46.399 points, recording a 0.59% increase in early trading to reach 46.673 points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Investors traded on 213 shares, 120 shares rose, 27 fell and 66 shares remained stable.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, the turnover reached 661 million securities dealt in cash executed on 41 thousand transactions, bringing the total trading volume to 1.12 bn.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12674.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12673</guid><link>https://en.firstbankeg.com/12673</link><title>Foreign exchange rates at the beginning of Sunday trading</title><description>The foreign exchange rate witnessed an stability at the beginning of Sunday5 April 2026 trading at Egypts maj</description><pubDate>Sun, 05 Apr 2026 10:57:34 +0200</pubDate><a10:updated>2026-04-05T10:57:34+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The foreign exchange rate witnessed an stability at the beginning of Sunday5 April 2026 trading at Egypt&amp;#39;s major banks.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;First Bank monitors foreign currency rates in major banks in Egypt:&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;U.S. dollar&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The US dollar rose against EGP recorded EGP 54.3014 for buying, while the sell price to EGP 54.4014 according to the latest data issued on the Central Bank of Egypt website.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The highest dollar rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo;, Suez Canal Bank at EGP 54.45.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 54.30.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Euro rose against EGP recorded EGP 62.5878 for buying and EGP 62.7139 for selling, according to the latest data issued on the Central Bank&amp;rsquo;s website.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The highest Euro rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo;, Suez Canal Bank at EGP 62.70 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 62.02 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;Pound Sterling&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The pound sterling rose against EGP recorded at EGP 71.7376 for buying and EGP 71.8914 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The highest pound sterling rate for buying was in&amp;nbsp;&amp;laquo;ADIB-Egypt&amp;raquo;, Suez Canal Bank at EGP 71.88 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;While the lowest rate for selling was in&amp;nbsp;&amp;laquo;Emirates-NBD&amp;raquo;&amp;nbsp;at EGP 72.33 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;Saudi Riyals&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Saudi riyal rose against EGP today in Egypt recorded EGP&amp;nbsp;14.4649 for buying and EGP&amp;nbsp;14.4935 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The highest rate for buying today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.50 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The lowest rate for selling was in &amp;laquo;Emirates-NBD&amp;raquo; at EGP 14.48 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;Kuwaiti Dinar&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Kuwaiti dinar rose against EGP in Egypt reached EGP 176.9351 for buying, EGP 177.3187 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The highest rate for buying the Kuwaiti dinar was in &amp;laquo;Saib&amp;raquo; at EGP 176.97 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The lowest price for selling was in Credit Agricole Bank at EGP 177.19 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;Emirati Dirham&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The rate of fell Emirati dirham rose today in Egypt recorded EGP 14.7823 for buying and EGP 14.8156 for selling, according to the latest data issued on the Central Bank of Egypt website.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The highest rate for buying the Emirati dirham today was in &amp;laquo;ADIB-Egypt&amp;raquo; at EGP 14.82 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The lowest price for selling the Emirati dirham today was in &amp;laquo;Emirates-NBD&amp;raquo;,&amp;nbsp;&amp;laquo;EBank&amp;raquo; at EGP 14.80 .&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/04/05/12673.jpg"></enclosure></item></channel></rss>