<?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>Thu, 28 May 2026 23:40:01 +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/12971</guid><link>https://en.firstbankeg.com/12971</link><title> Foreign exchange rates at the end of Monday trading</title><description /><pubDate>Mon, 25 May 2026 17:09:13 +0200</pubDate><a10:updated>2026-05-25T17:09:13+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed changes at the close of Monday 25 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 52.2297 for buying and EGP 52.3297 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at ADIB at EGP 52.29 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD and Bank of Alexandria at EGP 52.23 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;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded an increase against the Egyptian pound today, reaching EGP 60.8424 for buying and EGP 60.9641 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at ADIB at EGP 60.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at Emirates NBD at EGP 60.84 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded an increase against the Egyptian pound today, reaching EGP 70.5258 for buying and EGP 70.6661 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at ADIB at EGP 70.36 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at Emirates NBD at EGP 70.49 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a slight decrease by the close of trading today, reaching EGP 13.9186 for buying and EGP 13.9460 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ADIB at EGP 13.93 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Bank of Alexandria and Faisal Islamic Bank at EGP 13.92 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 170.2680 for buying and EGP 170.6497 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at saib at EGP 170.45 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at FAB at EGP 169.04 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a slight decrease by the close of trading in Egypt today, reaching EGP 14.2191 for buying and EGP 14.2495 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.24 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Bank of Alexandria and Faisal Islamic Bank at EGP 14.22 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/25/12971.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12970</guid><link>https://en.firstbankeg.com/12970</link><title>EGP index decreased against a basket of major currencies to 35.926 points at today's trading</title><description /><pubDate>Mon, 25 May 2026 15:38:26 +0200</pubDate><a10:updated>2026-05-25T15:38:26+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index recorded a decline against major currencies by the end of trading on Monday, May 21, as the index value fell to 35.926 points at the close of trading, compared to 35.956 points at the end of Sunday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The decline in the Egyptian Pound Index came as a result of its weakening against the euro, British pound, and Japanese yen, while remaining stable against the UAE dirham, Saudi riyal, and Chinese yuan, and strengthening against the US dollar by the end of today&amp;rsquo;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro increased from EGP 60.76 to EGP 60.96 at the close of trading today, while the average buying price rose from EGP 60.63 to EGP 60.84.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound climbed from EGP 70.34 to EGP 70.67 by the end of today&amp;rsquo;s trading, while the average buying price increased from EGP 70.17 to EGP 70.53.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen rose from EGP 32.89 to EGP 32.93 at the close of trading, while the average buying price increased from EGP 32.82 to EGP 32.87.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham remained unchanged at EGP 14.25, while the average buying price remained stable at EGP 14.22.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal also remained unchanged at EGP 13.95, while the average buying price stayed at EGP 13.92.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/25/12970.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12963</guid><link>https://en.firstbankeg.com/12963</link><title>Egypt’s banking sector performance on EGX at Sunday</title><description>The banking sector in the Egyptian Stock Exchange closed in todays trading session on sunday , May 24, 2026,</description><pubDate>Sun, 24 May 2026 23:26:02 +0200</pubDate><a10:updated>2026-05-24T23:26:02+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on sunday , May 24, 2026, recording a increased&amp;nbsp;in its market capitalization by 2.50%, reaching EGP&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;888.625 billion at the end of today&amp;rsquo;s session, compared to 866.914 the previous day&amp;rsquo;s closing.&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;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The sector&amp;rsquo;s market capitalization accounted for&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;24.39% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&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;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;&lt;span&gt;&lt;span&gt;Trading value on banking sector stocks reached EGP&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;630.998&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt; million, representing&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;9.12&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;% &amp;nbsp;of the total trading value on the exchange today. A total of&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;8.453&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&amp;nbsp;&lt;span&gt;&lt;span&gt;million shares were traded in the sector, accounting for&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;nbsp;0.45&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;% of the overall trading volume of the market.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&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;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The Egyptian Exchange closed today&amp;rsquo;s trading session with a broad-based rise across its main indices. This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million&lt;span style="color:black"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&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 style="color:black"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increase by&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;1.48% to&amp;nbsp;&lt;/span&gt;&lt;span&gt;&lt;span&gt;52.861&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;span&gt;&lt;span&gt;points, while the &amp;ldquo;EGX70&amp;rdquo; index increased by&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;1.29% to&amp;nbsp;&lt;/span&gt;&lt;span&gt;&lt;span&gt;14.5841&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;points, and the &amp;ldquo;EGX100&amp;rdquo; index increase by&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;1.25% &amp;nbsp;to reach&amp;nbsp;&lt;/span&gt;&lt;span&gt;&lt;span&gt;20.388 points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="RTL"&gt;&amp;nbsp;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/24/12963.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12962</guid><link>https://en.firstbankeg.com/12962</link><title>Foreign exchange rates at the beginning of Sunday trading</title><description>The foreign exchange rates witnessed stability at the start of Sunday 24 May 2026 trading at Egyptian banks. F</description><pubDate>Sun, 24 May 2026 11:06:59 +0200</pubDate><a10:updated>2026-05-24T11:06:59+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed stability at the start of Sunday 24 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded stability against the Egyptian pound today, reaching EGP 52.8691 for buying and EGP 52.9691 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at ADIB at EGP 52.93 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD at EGP 52.77 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded stability against the Egyptian pound today, reaching EGP 61.3599 for buying and EGP 61.4813 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at ADIB at EGP 61.37 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at The United Bank at EGP 61.00 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded stability against the Egyptian pound today, reaching EGP 71.0033 for buying and EGP 71.1534 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at ADIB at EGP 71.01 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at The United Bank at EGP 71.58 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal witnessed stability during today&amp;#39;s trading, reaching EGP 14.0879 for buying and EGP 14.1153 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ADIB at EGP 14.11 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at The United Bank at EGP 13.63 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded stability during today&amp;#39;s trading in Egypt, reaching EGP 172.2964 for buying and EGP 172.6785 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at SAIB at EGP 172.57 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at The United Bank at EGP 160.21 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham witnessed stability during today&amp;#39;s trading in Egypt, reaching EGP 14.3920 for buying and EGP 14.4248 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.41 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at NBK at EGP 14.23 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/24/12962.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12961</guid><link>https://en.firstbankeg.com/12961</link><title>EGP index rose against a basket of major currencies to 35.218 points at today's trading</title><description /><pubDate>Thu, 21 May 2026 15:48:19 +0200</pubDate><a10:updated>2026-05-21T15:48:19+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index rose against major currencies at the close of trading on Thursday, May 21, with the index value increasing to 35.543 points, compared to 35.218 points at the end of Wednesday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise in the Egyptian Pound Index was driven by the pound&amp;rsquo;s appreciation against the U.S. dollar, euro, British pound sterling, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan at the close of today&amp;rsquo;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar declined from EGP 53.47 to EGP 52.97 at the close of trading, while the average buying price fell from EGP 53.37 to EGP 52.87.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro decreased from EGP 62.04 to EGP 61.48, while the average buying price declined from EGP 61.92 to EGP 61.36 by the end of the day.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound sterling dropped from EGP 71.67 to EGP 71.15, while the average buying price eased from EGP 71.51 to EGP 71.00.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen declined from EGP 33.63 to EGP 33.29, while the average buying price fell from EGP 33.56 to EGP 33.22.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the UAE dirham decreased from EGP 14.56 to EGP 14.42, while the average buying price dropped from EGP 14.53 to EGP 14.39.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal fell from EGP 14.25 to EGP 14.12, while the average buying price declined from EGP 14.22 to EGP 14.09.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the Chinese yuan decreased from EGP 7.86 to EGP 7.79, while the average buying price fell from EGP 7.84 to EGP 7.77 at the close of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/21/12961.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12959</guid><link>https://en.firstbankeg.com/12959</link><title>Foreign exchange rates at the end of Thursday trading</title><description /><pubDate>Thu, 21 May 2026 15:32:05 +0200</pubDate><a10:updated>2026-05-21T15:32:05+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed decreases at the close of Thursday 21 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 52.8691 for buying and EGP 52.9691 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at AAIB at EGP 52.94 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD at EGP 52.80 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;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 61.3599 for buying and EGP 61.4813 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at AAIB at EGP 61.38 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at Emirates NBD at EGP 61.43 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 71.0033 for buying and EGP 71.1534 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at AAIB at EGP 71.02 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at Emirates NBD at EGP 71.04 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 14.0879 for buying and EGP 14.1153 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ADIB at EGP 14.11 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Emirates NBD at EGP 14.08 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 172.2964 for buying and EGP 172.6785 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at HSBC at EGP 172.52 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at FAB at EGP 171.03 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 14.3920 for buying and EGP 14.4248 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.41 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Emirates NBD at EGP 14.39 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/21/12959.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12955</guid><link>https://en.firstbankeg.com/12955</link><title>Foreign exchange rates at the beginning of Thursday trading</title><description /><pubDate>Thu, 21 May 2026 09:11:47 +0200</pubDate><a10:updated>2026-05-21T09:11:47+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="22"&gt;Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Thursday, May 21, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 data-path-to-node="23"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="23"&gt;The average price of the US dollar recorded an increase against the Egyptian pound yesterday, reaching EGP 53.3680 for buying and EGP 53.5080 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="24"&gt;The highest buying price was recorded at Suez Canal Bank at EGP 53.42 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="25"&gt;The lowest selling price was recorded at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 53.28 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="26"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="26"&gt;The euro recorded an increase against the Egyptian pound yesterday, reaching EGP 61.9015 for buying and EGP 62.0746 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="27"&gt;The highest buying price was at Suez Canal Bank at EGP 61.88 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="28"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 61.87 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="29"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="29"&gt;The British pound recorded an increase against the Egyptian pound yesterday, reaching EGP 71.4864 for buying and EGP 71.6900 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="30"&gt;The highest buying price was at Suez Canal Bank at EGP 71.45 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="31"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 71.43 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="32"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="32"&gt;The Saudi riyal recorded an increase by the close of yesterday&amp;#39;s trading, reaching EGP 14.2216 for buying and EGP 14.2597 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="33"&gt;The highest buying price was at Al Ahli Bank of Kuwait &amp;laquo;ABK&amp;raquo; at EGP 14.23 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="34"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 14.20 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="35"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="35"&gt;The Kuwaiti dinar recorded an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 173.9221 for buying and EGP 174.4352 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="36"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 174.09 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="37"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 172.37 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="38"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="38"&gt;The UAE dirham also recorded an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.5290 for buying and EGP 14.5679 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="39"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 14.54 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="40"&gt;The lowest selling price was recorded at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 14.51 at the start of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/21/12955.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12954</guid><link>https://en.firstbankeg.com/12954</link><title>EGP index decreased against a basket of major currencies to 35.218 points at today's trading</title><description /><pubDate>Wed, 20 May 2026 16:16:50 +0200</pubDate><a10:updated>2026-05-20T16:16:50+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index declined against major currencies at the close of trading on Wednesday, May 20, with the index falling to 35.218 points, compared with 35.410 points at the end of Tuesday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The decline in the Egyptian Pound Index came as the local currency weakened against the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan by the end of today&amp;rsquo;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar increased from EGP 53.17 to EGP 53.47 at the close of trading, while the average buying price rose from EGP 53.07 to EGP 53.37.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro climbed from EGP 61.78 to EGP 62.04, while the average buying price increased from EGP 61.65 to EGP 61.92 by the end of the session.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound sterling rose from EGP 71.27 to EGP 71.67, while the average buying price increased from EGP 71.13 to EGP 71.51.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen increased from EGP 33.41 to EGP 33.63, while the average buying price edged up from EGP 33.35 to EGP 33.56.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the UAE dirham rose from EGP 14.48 to EGP 14.56, while the average buying price increased from EGP 14.45 to EGP 14.53.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal increased from EGP 14.17 to EGP 14.25, while the average buying price climbed from EGP 14.14 to EGP 14.22.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the Chinese yuan rose from EGP 7.81 to EGP 7.86, while the average buying price increased from EGP 7.80 to EGP 7.84 by the close of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/20/12954.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12952</guid><link>https://en.firstbankeg.com/12952</link><title> Foreign exchange rates at the end of Wednesday trading</title><description>The foreign exchange rates witnessed increases at the close of Wednesday 20 May 2026 trading at Egyptian banks</description><pubDate>Wed, 20 May 2026 15:27:17 +0200</pubDate><a10:updated>2026-05-20T15:27:17+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="0"&gt;The foreign exchange rates witnessed increases at the close of Wednesday 20 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 53.3680 for buying and EGP 53.5080 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at Suez Canal Bank at EGP 53.42 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at FAB at EGP 53.28 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;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded an increase against the Egyptian pound today, reaching EGP 61.9015 for buying and EGP 62.0746 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at Suez Canal Bank at EGP 61.88 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at FAB at EGP 61.87 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded an increase against the Egyptian pound today, reaching EGP 71.4864 for buying and EGP 71.6900 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at Suez Canal Bank at EGP 71.45 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at FAB at EGP 71.43 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded an increase by the close of trading today, reaching EGP 14.2216 for buying and EGP 14.2597 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ABK at EGP 14.23 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at FAB at EGP 14.20 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 173.9221 for buying and EGP 174.4352 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at HSBC at EGP 174.09 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at FAB at EGP 172.37 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded an increase by the close of trading in Egypt today, reaching EGP 14.5290 for buying and EGP 14.5679 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at HSBC at EGP 14.54 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at FAB at EGP 14.51 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/20/12952.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12951</guid><link>https://en.firstbankeg.com/12951</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Al Ahli Bank of Kuwait - Egypt achieves EGP 2.5 billion Net Profit in the first Quarter of 2026</title><description /><pubDate>Wed, 20 May 2026 12:52:26 +0200</pubDate><a10:updated>2026-05-20T12:52:26+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;Al Ahli Bank of Kuwait - Egypt (ABK-Egypt)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt; announced&lt;span&gt;&lt;span style="color:black"&gt; outstanding financial results for the first quarter of 2026 with Net Profit recording EGP 2.5 billion, marking remarkable growth of 100% compared to EGP 1.25 billion for the same period last year. &lt;/span&gt;&lt;/span&gt;Net Interest Income grew by 38% to reach EGP 2.5 billion, up from EGP 1.82 billion &lt;/span&gt;&lt;span&gt;in March&lt;/span&gt;&lt;span&gt;2025 &lt;/span&gt;&lt;span&gt;and&lt;/span&gt;&lt;span&gt;Profit Before Tax&lt;/span&gt;&lt;span&gt; surged by 94% to reach EGP 3.15 billion in March 2026 compared to EGP 1.62 billion in the first quarter of 2025.&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;&lt;span&gt;&lt;span style="color:black"&gt;Despite escalating regional tensions, the Bank managed to achieve significant growth across all key performance indicators&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt; in the first quarter of the year&lt;span&gt;&lt;span style="color:black"&gt;, cementing its financial position and balance sheet strength. Total&lt;/span&gt;&lt;/span&gt; Assets grew by 5% to reach EGP 187.8 billion, compared to EGP 178.1 billion in 2025.&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;Total Customers Deposits increased by 6% to EGP 149.4 billion compared to EGP 141 in 2025, and the Bank&amp;rsquo;s Total Gross Loans Portfolio expanded by 6% to reach EGP 92.5 billion compared to EGP 87.6 billion &lt;/span&gt;&lt;span&gt;at the end of 2025&lt;/span&gt;&lt;span&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;Commenting on these results,&amp;nbsp;Ali Marafi, Chairman of ABK-Egypt,&amp;nbsp;stated: &amp;ldquo;The remarkable results achieved during the first quarter of 2026 are testament for ABK-Egypt&amp;rsquo;s efficient business model and agile growth strategy. Despite the prevailing geopolitical and economic conditions, the Bank managed to strengthen its balance sheet, realize significant growth in revenues, and maintain operational efficiency.&amp;rdquo;&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;Ali Marafi also commented on ABK-Egypt&amp;rsquo;s continuous pursuit of excellence as one of the fastest growing banks in the Egyptian market, propelled by its ambition for innovation, expansion, digital transformation, and steady growth. ABK-Egypt&amp;rsquo;s 2026 vision represents a natural progression of its ambitious strategy that focuses on maintaining a resilient and sustainable financial institution powered by financial technology, experienced calibers, and superior customer experience. He also added that the Bank is very appreciative of the efforts orchestrated by the Egyptian Government and pivotal role played by the Central Bank of Egypt (CBE) in driving economic growth, which are expected to yield even greater results in the near future.&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 the same context, &amp;nbsp;Khaled El Salawy, CEO &amp;amp; Managing Director of ABK-Egypt &lt;/span&gt;&lt;span&gt;commended the Bank&amp;rsquo;s performance, stating: &amp;ldquo;These results reaffirm that we are moving forward with the right momentum and confidence towards achieving strong and balanced growth across all business segments. This growth is also reflected across all financial indicators, with&lt;/span&gt;&lt;span&gt;Net Profit and&lt;/span&gt;&lt;span&gt; Profit Before Tax&lt;/span&gt;&lt;span&gt; recording EGP 1.52 billion and EGP 2.18 billion after &lt;/span&gt;&lt;span&gt;excluding the impact of foreign exchange revaluation&lt;/span&gt;&lt;span&gt;.&amp;rdquo;&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;b&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;&lt;/b&gt;&lt;span&gt;Khaled El Salawy further elaborated that the Bank&amp;rsquo;s achievements are the direct outcome of the unwavering efforts of its team coupled with the growing confidence of its customers, which serve as the best catalyst for achieving growth and operational excellence. He also emphasized the significant progress in digital transformation over the past period.&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;&amp;nbsp;referring to the recent upgrade of its digital platforms and the ongoing efforts towards reengineering internal processes and automating workflows to ensure speed and efficiency, all within ABK-Egypt&amp;rsquo;s broader vision to build a highly agile ecosystem that best serves our growing customer base.&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;&amp;nbsp;Khaled El Salawy&lt;b&gt;&lt;span&gt;&lt;/span&gt;&lt;/b&gt;confirmed that &lt;/span&gt;&lt;span&gt;despite global economic challenges and heightened geopolitical uncertainty, the coming period will witness further growth across all business segments driven by the ongoing efforts of the Egyptian government and the Central Bank of Egypt to support and guide the banking sector, as well as the constant efforts exerted by the Bank&amp;rsquo;s Executive Management team to identify and capitalize on strategic investment opportunities that accelerate growth and capture market share.&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;H&lt;/span&gt;&lt;span&gt;e added that &lt;/span&gt;&lt;span&gt;over the past decade, ABK-Egypt has successfully deployed an integrated strategy to diversify its business portfolio, reflecting its firm belief in aligning corporate synergy with national development plans and Egypt&amp;rsquo;s Vision 2030 to boost the national economy.&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;Meanwhile, ABK-Egypt will continue to build on its position as a responsible institution within the Egyptian banking sector in 2026 through launching targeted community initiatives in full alignment with CBE directions and its well-articulated CSR strategy that aims at supporting underprivileged communities with special focus drawn to healthcare, education, and sustainable economic empowerment across various segments. &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 an increasingly dynamic banking landscape, ABK-Egypt reaffirms its commitment to facing these developments through a proactive approach that ensures its readiness for future market priorities. &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;That said, the Bank will continue to develop its institutional capabilities and optimize its operational efficiency, while seizing new opportunities that reinforce its long-term growth trajectory.&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/2026/05/20/12951.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12949</guid><link>https://en.firstbankeg.com/12949</link><title>Foreign exchange rates at the beginning of Wednesday trading</title><description /><pubDate>Wed, 20 May 2026 09:41:06 +0200</pubDate><a10:updated>2026-05-20T09:41:06+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="22"&gt;Foreign currency exchange rates witnessed a decline at the start of trading in Egyptian banks on Wednesday, May 20, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 data-path-to-node="23"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="23"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 53.0691 for buying and EGP 53.1691 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="24"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 53.29 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="25"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 53.07 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="26"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="26"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 61.6504 for buying and EGP 61.7772 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="27"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 62.01 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="28"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 61.88 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="29"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="29"&gt;The British pound recorded a decrease against the Egyptian pound yesterday, reaching EGP 71.1286 for buying and EGP 71.2679 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="30"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 71.45 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="31"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 71.31 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="32"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="32"&gt;The Saudi riyal recorded a decrease by the close of yesterday&amp;#39;s trading, reaching EGP 14.1416 for buying and EGP 14.1690 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="33"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.20 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="34"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 14.15 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="35"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="35"&gt;The Kuwaiti dinar recorded a decrease by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 172.9482 for buying and EGP 173.3305 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="36"&gt;The highest buying price was at &amp;laquo;AIB&amp;raquo; at EGP 173.26 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="37"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 172.19 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="38"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="38"&gt;The UAE dirham also recorded a decrease by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.4481 for buying and EGP 14.4481 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="39"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.51 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="40"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.46 at the start of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/20/12949.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12948</guid><link>https://en.firstbankeg.com/12948</link><title>Egypt’s banking sector performance on EGX at Tuesday</title><description>The banking sector in the Egyptian Stock Exchange closed in todays trading session on Tuesday , May 18, 2026,</description><pubDate>Tue, 19 May 2026 16:28:06 +0200</pubDate><a10:updated>2026-05-19T16:28:06+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Tuesday , May 18, 2026, recording a increased&amp;nbsp;in its market capitalization by &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;1.43&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;881.925 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;billion at the end of today&amp;rsquo;s session, compared to &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span&gt;869.533 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;the previous day&amp;rsquo;s closing.&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 style="color:black"&gt;The sector&amp;rsquo;s market capitalization accounted for&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt; 24.14% &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;of the total market capitalization, the highest share among all listed sectors on the exchange.&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 style="color:black"&gt;Trading value on banking sector stocks reached EGP &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;707.476 &amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;million, representing &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;7.45% &amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;of the total trading value on the exchange today. A total of &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;10.007 &amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;million shares were traded in the sector, accounting for &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.48% &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;of the overall trading volume of the market.&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;The Egyptian Exchange closed today&amp;rsquo;s trading session on a collective rise across its main indices, amid foreign investors&amp;rsquo; tendency toward buying, recording net purchases of EGP 258.8 million.&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 style="color:black"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; rose by &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;1.48%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt; to &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;52.774&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;points, while the &amp;ldquo;EGX70&amp;rdquo; index increased by &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.71% &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;to &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;14.771 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;points, and the &amp;ldquo;EGX100&amp;rdquo; index increase by &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.72% &amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;to reach &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;20.579 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;points.&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/2026/05/19/12948.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12947</guid><link>https://en.firstbankeg.com/12947</link><title>EGP index rose against a basket of major currencies to 35.410 points at today's trading</title><description /><pubDate>Tue, 19 May 2026 16:26:37 +0200</pubDate><a10:updated>2026-05-19T16:26:37+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index recorded gains against major currencies by the close of trading on Tuesday, May 19, with the index rising to 35.410 points, compared with 35.262 points at the close of Monday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The increase in the Egyptian pound index was driven by its appreciation against the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan at the end of today&amp;rsquo;s trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar declined to EGP 53.17 from EGP 53.37 by the close of trading, while the average buying price fell from EGP 53.27 to EGP 53.17.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro also decreased to EGP 61.78 from EGP 62.13, while the average buying price dropped from EGP 62.01 to EGP 61.65.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the British pound declined to EGP 71.27 from EGP 71.39, while the average buying price edged down to EGP 71.13 from EGP 71.23.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen fell to EGP 33.41 from EGP 33.60, while the average buying price decreased to EGP 33.35 from EGP 33.54.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the UAE dirham dropped to EGP 14.48 from EGP 14.53, while the average buying price declined to EGP 14.45 from EGP 14.50.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the Saudi riyal eased to EGP 14.17 from EGP 14.22, while the average buying price fell to EGP 14.14 from EGP 14.19.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan also declined to EGP 7.81 from EGP 7.85, while the average buying price edged down to EGP 7.80 from EGP 7.83 by the end of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/19/12947.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12946</guid><link>https://en.firstbankeg.com/12946</link><title>Foreign exchange rates at the end of Tuesday trading</title><description /><pubDate>Tue, 19 May 2026 15:49:36 +0200</pubDate><a10:updated>2026-05-19T15:49:36+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed decreases at the close of Tuesday 19 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 53.0691 for buying and EGP 53.1691 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at ADIB at EGP 53.29 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD at EGP 53.07 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;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 61.6504 for buying and EGP 61.7772 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at ADIB at EGP 62.01 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at Emirates NBD at EGP 61.88 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 71.1286 for buying and EGP 71.2679 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at ADIB at EGP 71.45 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at Emirates NBD at EGP 71.31 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 14.1416 for buying and EGP 14.1690 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ADIB at EGP 14.20 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at FAB at EGP 14.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 172.9482 for buying and EGP 173.3305 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at AIB at EGP 173.26 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at FAB at EGP 172.19 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 14.4481 for buying and EGP 14.4481 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.51 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Emirates NBD at EGP 14.46 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/19/12946.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12945</guid><link>https://en.firstbankeg.com/12945</link><title>Foreign exchange rates at the beginning of Tuesday trading</title><description>Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Tuesday, Ma</description><pubDate>Tue, 19 May 2026 10:03:11 +0200</pubDate><a10:updated>2026-05-19T10:03:11+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="22"&gt;Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Tuesday, May 19, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 data-path-to-node="23"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="23"&gt;The average price of the US dollar recorded a slight increase against the Egyptian pound yesterday, reaching EGP 53.2640 for buying and EGP 53.4026 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="24"&gt;The highest buying price was recorded at Egyptian Arab Land Bank &amp;laquo;EALB&amp;raquo; at EGP 53.50 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="25"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 53.27 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="26"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="26"&gt;The euro recorded a slight increase against the Egyptian pound yesterday, reaching EGP 61.9354 for buying and EGP 62.1019 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="27"&gt;The highest buying price was at Egyptian Arab Land Bank &amp;laquo;EALB&amp;raquo; at EGP 62.11 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="28"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 62.03 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="29"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="29"&gt;The British pound recorded an increase against the Egyptian pound yesterday, reaching EGP 71.1021 for buying and EGP 71.2924 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="30"&gt;The highest buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 71.17 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="31"&gt;The lowest selling price was at Commercial International Bank &amp;laquo;CIB&amp;raquo; at EGP 71.11 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="32"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="32"&gt;The Saudi riyal recorded a slight increase by the close of yesterday&amp;#39;s trading, reaching EGP 14.1920 for buying and EGP 14.2297 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="33"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.23 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="34"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; and Faisal Islamic Bank at EGP 14.21 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="35"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="35"&gt;The Kuwaiti dinar recorded a slight increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 173.5832 for buying and EGP 174.0915 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="36"&gt;The highest buying price was at &amp;laquo;AIB&amp;raquo; at EGP 173.91 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="37"&gt;The lowest selling price was at First Abu Dhabi Bank &amp;laquo;FAB&amp;raquo; at EGP 173.14 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="38"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="38"&gt;The UAE dirham also recorded an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.5011 for buying and EGP 14.5420 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="39"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.54 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="40"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.51 at the start of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/19/12945.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12941</guid><link>https://en.firstbankeg.com/12941</link><title>Foreign exchange rates at the beginning of Monday trading</title><description /><pubDate>Mon, 18 May 2026 11:46:42 +0200</pubDate><a10:updated>2026-05-18T11:46:42+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="22"&gt;Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Monday, May 18, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 data-path-to-node="23"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="23"&gt;The average price of the US dollar recorded an increase against the Egyptian pound yesterday, reaching EGP 53.2237 for buying and EGP 53.3637 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="24"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 53.35 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="25"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 52.45 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="26"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="26"&gt;The euro recorded a slight increase against the Egyptian pound yesterday, reaching EGP 61.8726 for buying and EGP 62.0460 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="27"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 62.32 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="28"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 61.22 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="29"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="29"&gt;The British pound recorded a decrease against the Egyptian pound yesterday, reaching EGP 70.8993 for buying and EGP 71.1285 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="30"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 71.93 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="31"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 70.32 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="32"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="32"&gt;The Saudi riyal recorded an increase by the close of yesterday&amp;#39;s trading, reaching EGP 14.1828 for buying and EGP 14.2208 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="33"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.22 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="34"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.99 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="35"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="35"&gt;The Kuwaiti dinar recorded an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 173.4519 for buying and EGP 173.9648 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="36"&gt;The highest buying price was at &amp;laquo;AIB&amp;raquo; at EGP 173.82 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="37"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 172.76 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="38"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="38"&gt;The UAE dirham also recorded an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.4878 for buying and EGP 14.5302 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="39"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.52 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="40"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.29 at the start of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/18/12941.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12939</guid><link>https://en.firstbankeg.com/12939</link><title>EGP index decreased against a basket of major currencies to 35.344 points at today's trading</title><description /><pubDate>Sun, 17 May 2026 17:20:41 +0200</pubDate><a10:updated>2026-05-17T17:20:41+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index declined against major currencies at the close of trading on Sunday, May 15, falling to 35.344 points, compared to 35.499 points at the close of trading last Thursday.&lt;/p&gt;&lt;p dir="ltr"&gt;The pound&amp;#39;s decline was attributed to its weakness against the US dollar, the euro, the Japanese yen, the UAE dirham, the Saudi riyal, and the Chinese yuan, while it strengthened against the British pound at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar rose from EGP 52.95 to EGP 53.34 at the close of trading, while the average buying price increased from EGP 52.85 to EGP 53.24.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the euro rose from EGP 61.96 to EGP 62.02 at the close of trading, and the average buying price increased from EGP 61.83 to EGP 61.89.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;nbsp;The average selling price of the Chinese yuan rose from EGP 7.80 to EGP 7.83 at the close of trading today, while the average buying price increased from EGP 7.78 to EGP 7.82.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen rose from EGP 33.52 to EGP 33.60 at the close of trading today, and the average buying price increased from EGP 33.46 to EGP 33.53.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the UAE dirham rose from EGP 14.42 to EGP 14.52 at the close of trading today, and the average buying price increased from EGP 14.39 to EGP 14.49.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal also rose from EGP 14.11 to EGP 14.22 at the close of trading today, and the average buying price increased from EGP 14.09 to EGP 14.19. &amp;nbsp;The average selling price of the British pound fell from 71.57 Egyptian pounds to 71.10 Egyptian pounds at the close of trading today, while the average buying price fell from 71.39 Egyptian pounds to 70.92 Egyptian pounds at the end of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/17/12939.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12935</guid><link>https://en.firstbankeg.com/12935</link><title>Foreign exchange rates at the end of Sunday trading</title><description /><pubDate>Sun, 17 May 2026 15:40:13 +0200</pubDate><a10:updated>2026-05-17T15:40:13+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed increases at the close of Sunday 17 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 53.2237 for buying and EGP 53.3637 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at ADIB at EGP 53.35 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD at EGP 52.45 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;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a slight increase against the Egyptian pound today, reaching EGP 61.8726 for buying and EGP 62.0460 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at HSBC at EGP 62.32 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at Emirates NBD at EGP 61.22 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound witnessed a decrease against the Egyptian pound today, reaching EGP 70.8993 for buying and EGP 71.1285 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at HSBC at EGP 71.93 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at Emirates NBD at EGP 70.32 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded an increase by the close of trading today, reaching EGP 14.1828 for buying and EGP 14.2208 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ADIB at EGP 14.22 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Emirates NBD at EGP 13.99 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 173.4519 for buying and EGP 173.9648 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at AIB at EGP 173.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at Emirates NBD at EGP 172.76 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded an increase by the close of trading in Egypt today, reaching EGP 14.4878 for buying and EGP 14.5302 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.52 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Emirates NBD at EGP 14.29 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/17/12935.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12927</guid><link>https://en.firstbankeg.com/12927</link><title>Foreign exchange rates at the beginning of Sunday trading</title><description /><pubDate>Sun, 17 May 2026 10:48:23 +0200</pubDate><a10:updated>2026-05-17T10:48:23+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="22"&gt;Foreign currency exchange rates witnessed stability at the start of trading in Egyptian banks on Sunday, May 17, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 data-path-to-node="23"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="23"&gt;The average price of the US dollar recorded stability against the Egyptian pound yesterday, reaching EGP 52.8491 for buying and EGP 52.9491 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="24"&gt;The highest buying price was recorded at National Bank of Egypt (NBE), Commercial International Bank (CIB), and Banque Misr at EGP 52.85 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="25"&gt;The lowest selling price was recorded at Bank of Alexandria at EGP 52.85 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="26"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="26"&gt;The euro recorded stability against the Egyptian pound yesterday, reaching EGP 61.8335 for buying and EGP 61.9608 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="27"&gt;The highest buying price was at Kuwait Finance House (KFH) at EGP 61.87 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="28"&gt;The lowest selling price was at National Bank of Egypt (NBE) at EGP 61.81 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="29"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="29"&gt;The British pound recorded stability against the Egyptian pound yesterday, reaching EGP 71.3939 for buying and EGP 71.5710 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="30"&gt;The highest buying price was at Housing and Development Bank (HDB) at EGP 71.37 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="31"&gt;The lowest selling price was at National Bank of Egypt (NBE) at EGP 71.00 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="32"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="32"&gt;The Saudi riyal recorded stability yesterday, reaching EGP 14.0852 for buying and EGP 14.1125 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="33"&gt;The highest buying price was at Kuwait Finance House (KFH) - Egypt at EGP 14.09 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="34"&gt;The lowest selling price was at Bank of Alexandria at EGP 14.09 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="35"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="35"&gt;The Kuwaiti dinar recorded stability by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 172.4841 for buying and EGP 172.8660 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="36"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 172.54 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="37"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 171.64 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="38"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="38"&gt;The UAE dirham also recorded stability by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.3878 for buying and EGP 14.4181 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="39"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 14.39 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="40"&gt;The lowest selling price was recorded at Bank of Alexandria at EGP 14.39 at the start of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/17/12927.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12923</guid><link>https://en.firstbankeg.com/12923</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>EGX30 End Thursday with 0.49% Decrease in benchmark index</title><description>The market capitalization of listed equities on the Egyptian Exchanges main market reached EGP 3.806trillion</description><pubDate>Thu, 14 May 2026 16:40:36 +0200</pubDate><a10:updated>2026-05-14T16:40:36+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.806&amp;nbsp;trillion at the close of trading on Thursday , May&amp;nbsp;14, 2026.&lt;/span&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;&lt;span style="color:black"&gt;The benchmark EGX30 Decreased&amp;nbsp;by 0.49% to close at 53.154&amp;nbsp;points.&lt;/span&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;&lt;span style="color:black"&gt;Investors traded 220&amp;nbsp;stocks, with approximately 92&amp;nbsp;gaining, 109&amp;nbsp;declining, and 19 remaining unchanged.&lt;/span&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;&lt;span style="color:black"&gt;Trading volume reached around 2.64&amp;nbsp;billion shares executed through 244.41 thousand&amp;nbsp;transactions, bringing the total trading value to approximately EGP 12.43&amp;nbsp;billion.&lt;/span&gt;&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/2026/05/14/12923.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12922</guid><link>https://en.firstbankeg.com/12922</link><title>EGP index rose against a basket of major currencies to 35.500 points at today's trading</title><description /><pubDate>Thu, 14 May 2026 15:50:00 +0200</pubDate><a10:updated>2026-05-14T15:50:00+02:00</a10:updated><a10:content type="html">&lt;p&gt;The Egyptian pound index recorded an increase against major currencies at the end of trading on Thursday, May 14, reaching 35.500 points, compared to 35.480 points at the end of trading on Wednesday&amp;rsquo;s session.&lt;/p&gt;&lt;p&gt;The rise in the Egyptian pound index came as it appreciated against the US dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal, while remaining stable against the Chinese yuan by the end of today&amp;rsquo;s trading.&lt;/p&gt;&lt;p&gt;The average selling price of the US dollar declined from 53.00 EGP to 52.97 EGP at the end of trading today, while the average buying price fell from 52.86 EGP to 52.83 EGP.&lt;/p&gt;&lt;p&gt;The average selling price of the euro decreased from 62.09 EGP to 62.02 EGP, while the buying price dropped from 62.91 EGP to 61.85 EGP.&lt;/p&gt;&lt;p&gt;The average selling price of the British pound declined from 71.59 EGP to 71.57 EGP, while the buying price remained stable at 71.38 EGP.&lt;/p&gt;&lt;p&gt;The average selling price of the Japanese yen fell from 33.58 EGP to 33.54 EGP, while the buying price also declined from 33.49 EGP to 33.45 EGP.&lt;/p&gt;&lt;p&gt;The average selling price of the UAE dirham decreased from 14.33 EGP to 14.42 EGP, while the buying price fell from 14.39 EGP to 14.38 EGP.&lt;/p&gt;&lt;p&gt;The average selling price of the Saudi riyal declined from 14.12 EGP to 14.11 EGP, while the buying price remained stable at 14.08 EGP.&lt;/p&gt;&lt;p&gt;Meanwhile, the average selling price of the Chinese yuan remained stable at 7.80 EGP, and the buying price also remained steady at 7.78 EGP.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/14/12922.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12921</guid><link>https://en.firstbankeg.com/12921</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Egypt’s banking sector performance on EGX at Thursday</title><description /><pubDate>Thu, 14 May 2026 15:30:05 +0200</pubDate><a10:updated>2026-05-14T15:30:05+02:00</a10:updated><a10:content type="html">&lt;p dir="RTL"&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on thursday , May 14, 2026, recording a decreased&amp;nbsp;in its market capitalization by &lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;1.16%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;895.541 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;span&gt;&lt;span style="color:black"&gt;billion at the end of today&amp;rsquo;s session, compared to &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;906.040 &amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;span&gt;&lt;span style="color:black"&gt;the previous day&amp;rsquo;s closing.&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 style="color:black"&gt;The sector&amp;rsquo;s market capitalization accounted for &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL"&gt;&lt;span&gt;&lt;span style="color:black"&gt;&amp;nbsp;24.26%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;of the total market capitalization, the highest share among all listed sectors on the exchange.&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 style="color:black"&gt;Trading value on banking sector stocks reached EGP &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;950.68 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;span&gt;&lt;span style="color:black"&gt;million, representing &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;7.64% &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;span&gt;&lt;span style="color:black"&gt;of the total trading value on the exchange today. A total of &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;13.11 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;span&gt;&lt;span style="color:black"&gt;million shares were traded in the sector, accounting for &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.50%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;of the overall trading volume of the market.&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 style="color:black"&gt;The Egyptian Exchange closed today&amp;rsquo;s session with the main index &amp;ldquo;EGX30&amp;rdquo; declining, while both &amp;ldquo;EGX70&amp;rdquo; and &amp;ldquo;EGX100&amp;rdquo; indices rose, amid foreign investors&amp;rsquo; tendency toward buying with a net inflow of EGP 258.8 million.&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 style="color:black"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; fell by &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.49%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt; to &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;53.154&amp;nbsp;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;points, while the &amp;ldquo;EGX70&amp;rdquo; index rose by &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.12%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;to &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;15.087&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;points, and the &amp;ldquo;EGX100&amp;rdquo; index increased by &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;0.23% &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;to reach &lt;/span&gt;&lt;/span&gt;&lt;span dir="RTL" lang="AR-SA"&gt;&lt;span&gt;&lt;span style="color:black"&gt;20.990&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span style="color:black"&gt;points.&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/2026/05/14/12921.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12920</guid><link>https://en.firstbankeg.com/12920</link><title>EGX30 beginning Thuresday with 0.29% decrease in benchmark index</title><description /><pubDate>Thu, 14 May 2026 13:19:31 +0200</pubDate><a10:updated>2026-05-14T13:19:31+02:00</a10:updated><a10:content type="html">&lt;p&gt;The market capitalization of listed stocks on the Egyptian Exchange&amp;rsquo;s main market opened inside the session at the beginning of trading on Thursday, May 14, recording EGP 3.823 trillion.&lt;/p&gt;&lt;p&gt;The main index EGX30 opened today&amp;rsquo;s session at 53,416 points and declined at the start of trading by 0.29% to reach 53,259 points.&lt;/p&gt;&lt;p&gt;Investors traded on 217 stocks, of which 109 rose, 69 declined, while 39 remained unchanged.&lt;/p&gt;&lt;p&gt;Trading volume reached around 536 billion securities executed through 62 thousand transactions, with total trading value amounting to approximately EGP 2.44 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/14/12920.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12918</guid><link>https://en.firstbankeg.com/12918</link><title>Foreign exchange rates at the beginning of Thursday trading</title><description /><pubDate>Thu, 14 May 2026 10:45:51 +0200</pubDate><a10:updated>2026-05-14T10:45:51+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="0"&gt;Foreign currency exchange rates witnessed a decline at the start of trading in Egyptian banks on Thursday, May 14, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 data-path-to-node="1"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="1"&gt;The average price of the US dollar recorded a slight decrease against the Egyptian pound yesterday, reaching EGP 52.8720 for buying and EGP 52.9720 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="2"&gt;The highest buying price was recorded at &amp;laquo;ABK&amp;raquo; at EGP 52.95 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 52.78 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="4"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="4"&gt;The euro recorded a slight decrease against the Egyptian pound yesterday, reaching EGP 61.9290 for buying and EGP 62.0514 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="5"&gt;The highest buying price was at &amp;laquo;Suez Canal Bank&amp;raquo; at EGP 61.93 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 61.97 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="7"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="7"&gt;The British pound recorded a slight decrease against the Egyptian pound yesterday, reaching EGP 71.3983 for buying and EGP 71.5546 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="8"&gt;The highest buying price was at &amp;laquo;Suez Canal Bank&amp;raquo; at EGP 71.56 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 71.52 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="10"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="10"&gt;The Saudi riyal recorded stability by the close of yesterday&amp;#39;s trading, reaching EGP 14.0913 for buying and EGP 14.1187 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="11"&gt;The highest buying price was at &amp;laquo;ABK&amp;raquo; at EGP 14.11 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.08 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="13"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="13"&gt;The Kuwaiti dinar recorded a decrease by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 172.5587 for buying and EGP 172.9416 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="14"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 172.61 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 171.98 at the start of trading today.&lt;/p&gt;&lt;h3 data-path-to-node="16"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="16"&gt;The UAE dirham also recorded stability by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.3944 for buying and EGP 14.4220 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="17"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.40 at the start of trading today.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.38 at the start of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/14/12918.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12917</guid><link>https://en.firstbankeg.com/12917</link><title>EGP index rose against a basket of major currencies to 35.480 points at today's trading</title><description /><pubDate>Wed, 13 May 2026 16:41:19 +0200</pubDate><a10:updated>2026-05-13T16:41:19+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index rose against major currencies by the end of trading on Wednesday, May 13, as the index increased to 35.480 points at the close of trading, compared to 35.454 points at the end of Tuesday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise in the Egyptian pound index was driven by its appreciation against the euro, the British pound, and the Japanese yen, while it remained stable against the UAE dirham, the Saudi riyal, and the Chinese yuan. Meanwhile, it recorded a slight decline against the US dollar by the end of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro declined from EGP 62.22 to EGP 62.05 at the close of trading today, while the average buying price fell from EGP 62.09 to EGP 61.93.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound dropped from EGP 71.73 to EGP 71.55, while the average buying price decreased from EGP 71.56 to EGP 71.40 by the end of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen also declined from EGP 33.63 to EGP 33.57, while the average buying price fell from EGP 33.56 to EGP 33.50 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the Chinese yuan remained stable at EGP 7.80, while the average buying price held steady at EGP 7.78 by the end of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the UAE dirham remained unchanged at EGP 14.42, while the average buying price stabilized at EGP 14.39 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal also remained stable at EGP 14.12, while the average buying price held steady at EGP 14.09 by the end of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;As for the US dollar, the average selling price edged up from EGP 52.96 to EGP 52.97 at the close of trading, while the average buying price remained unchanged at EGP 52.87.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/13/12917.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12915</guid><link>https://en.firstbankeg.com/12915</link><title>Foreign exchange rates at the end of Wednesday trading</title><description /><pubDate>Wed, 13 May 2026 15:31:18 +0200</pubDate><a10:updated>2026-05-13T15:31:18+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed decreases at the close of Wednesday 13 May 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;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a slight decrease against the Egyptian pound today, reaching EGP 52.8720 for buying and EGP 52.9720 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at ABK at EGP 52.95 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD at EGP 52.78 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;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a slight decrease against the Egyptian pound today, reaching EGP 61.9290 for buying and EGP 62.0514 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at Suez Canal Bank at EGP 61.93 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at Emirates NBD at EGP 61.97 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded a slight decrease against the Egyptian pound today, reaching EGP 71.3983 for buying and EGP 71.5546 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at Suez Canal Bank at EGP 71.56 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at Emirates NBD at EGP 71.52 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal witnessed stability by the close of trading today, reaching EGP 14.0913 for buying and EGP 14.1187 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ABK at EGP 14.11 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Emirates NBD at EGP 14.08 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 172.5587 for buying and EGP 172.9416 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at HSBC at EGP 172.61 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at FABMISR at EGP 171.98 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham witnessed stability by the close of trading in Egypt today, reaching EGP 14.3944 for buying and EGP 14.4220 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.40 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Emirates NBD at EGP 14.38 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/13/12915.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12912</guid><link>https://en.firstbankeg.com/12912</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>FABMISR Celebrates the Ceremony of the "Green Schools for a Sustainable Future" Project at Asmaa Secondary School for Girls</title><description /><pubDate>Wed, 13 May 2026 11:52:01 +0200</pubDate><a10:updated>2026-05-13T11:52:01+02:00</a10:updated><a10:content type="html">&lt;p&gt;First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, celebrated the ceremony of the &amp;ldquo;Green Schools for a Sustainable Future&amp;rdquo; project at Asmaa Secondary School for Girls in Cairo Governorate, in collaboration with the Ministry of Education and Technical Education and Ain El Bee&amp;rsquo;ah Association for Environmental, Agricultural Services and Sustainable Development, following the successful transformation of the school into a practical model for integrating sustainability solutions within public schools.&lt;/p&gt;&lt;p&gt;
The event was attended by senior government and diplomatic officials, representatives of the Central Bank of Egypt, and development partners, and included a ribbon-cutting ceremony marking the completion of the project&amp;rsquo;s implementation. Attendees included: H.E.&lt;/p&gt;&lt;p&gt;Dr. Ibrahim Saber, Governor of Cairo, and H.E. Hamad Obaid Al Zaabi, Ambassador of the United Arab Emirates to the Arab Republic of Egypt. Also in attendance were Mr. Sherif Lokman, Sub-Governor of the Central Bank of Egypt for Financial Inclusion and Sustainability.&lt;/p&gt;&lt;p&gt;&amp;nbsp;and from the bank side: Mr. Omar Hafeez, Group Head of International Banking of First Abu Dhabi Bank; Mr. Ahmed Issa, Chief Executive Officer and Managing Director of FABMISR; and Mr. Ahmed Mamdouh, Chief Corporate Governance Officer, Board Secretary, and Head of Sustainability at FABMISR. In addition to Mr. Ahmed Moawad, Chairman of Ain El Bee&amp;rsquo;ah Association.&lt;/p&gt;&lt;p&gt;
Mr. Ahmed Issa, Chief Executive Officer and Managing Director of FABMISR, said: &amp;ldquo;The Asmaa Secondary School for Girls project marks the bank&amp;rsquo;s first step within its &amp;lsquo;Green Schools for a Sustainable Future&amp;rsquo; series of initiatives in environmental sustainability. It represents an integrated model that combines infrastructure development with environmental awareness among students and teachers.&lt;/p&gt;&lt;p&gt;The project also contributes to reducing carbon dioxide emissions through sustainable solutions for water, energy, and waste management, supporting efforts to address climate change. FABMISR reaffirms its commitment to developing human capital and supporting sustainable initiatives, in line with Egypt Vision 2030.&amp;rdquo;&lt;/p&gt;&lt;p&gt;
H.E. Dr. Ibrahim Saber, Governor of Cairo, also added: &amp;ldquo;This initiative represents an important model of partnership in supporting the development of the educational environment within Cairo Governorate, contributing to improving the quality of life in schools and enhancing the application of sustainability concepts in infrastructure and educational services, in line with the State&amp;rsquo;s direction toward more sustainable urban development and supporting ongoing efforts to improve the education system. Transforming our public schools into environmentally friendly models is a true investment in the health and character development of our students, and it aligns with the State&amp;rsquo;s plan to develop Cairo into a sustainable and smart city.&amp;rdquo;&lt;/p&gt;&lt;p&gt;
H.E. Ambassador Hamad Obaid Al-Zaabi, Ambassador of the United Arab Emirates to the Arab Republic of Egypt, said: &amp;ldquo;We are proud today to witness the first steps of this project, which not only reflects the depth of the strategic relations between the United Arab Emirates and Egypt, but also embodies our shared commitment to a greener future. Our presence today at Asmaa Secondary School is a message of pride in the role played by Emirati institutions, such as FABMISR, in transferring environmental knowledge and investing in future generations who will lead the climate transition in the region.&amp;rdquo;&lt;/p&gt;&lt;p&gt;
Mr. Sherif Lokman, Sub- Governor of the Central Bank of Egypt for Financial Inclusion and Sustainability, added: &amp;quot;The Central Bank of Egypt supports all initiatives that encourage the integration of environmental and social considerations into the path of national development, emphasizing the banking sector&amp;#39;s readiness to actively participate in sustainable finance initiatives and contribute to achieving development goals. This is reflected in the &amp;#39;Green Schools for a Sustainable Future&amp;#39; project, which involves an advanced level of institutional coordination among all concerned parties.&lt;/p&gt;&lt;p&gt;He also highlighted the importance of enhancing financial inclusion and continuing efforts to spread financial literacy in schools and universities, as well as establishing sustainable practices for future generations.&lt;/p&gt;&lt;p&gt;
The project provides a scalable practical model benefiting approximately 3,500 female students and 150 teachers. It includes integrated solutions such as the establishment of a solar-powered greywater treatment unit, the development of green spaces with modern irrigation systems, and an integrated waste separation system, in addition to awareness programs aimed at promoting environmental behaviors among students and teachers.&lt;/p&gt;&lt;p&gt;
This reflects FABMISR&amp;rsquo;s commitment to strengthening sustainability practices and integrating Environmental, Social, and Governance (ESG) principles into its operations, while supporting the transition toward a more sustainable and inclusive economy in line with Egypt&amp;rsquo;s Vision 2030.&lt;/p&gt;&lt;p&gt;The bank continues to adopt responsible banking practices that contribute to achieving positive and sustainable economic, environmental, and social impact.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/13/12912.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12911</guid><link>https://en.firstbankeg.com/12911</link><title>EGX30 beginning Wednesday with 0.60% decrease in benchmark index</title><description /><pubDate>Wed, 13 May 2026 11:43:04 +0200</pubDate><a10:updated>2026-05-13T11:43:04+02:00</a10:updated><a10:content type="html">&lt;p data-end="226" data-start="64" dir="ltr"&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.830 trillion at the start of trading on wednesday, May 13, 2026.&lt;/p&gt;&lt;p data-end="322" data-start="228" dir="ltr"&gt;The main index, EGX30, opened today&amp;rsquo;s session at 54.058 points and decreased by 0.60% in early trading to reach 53.734 points.&lt;/p&gt;&lt;p data-end="439" data-start="345" dir="ltr"&gt;Investors traded on 217 stocks, of which 110 rose, 71 declined, and 36 remained unchanged.&lt;/p&gt;&lt;p data-end="588" data-is-last-node="" data-is-only-node="" data-start="441" dir="ltr"&gt;Trading volume reached approximately 648 million shares executed through 74 transactions, with a total trading value of about EGP 3.05&amp;nbsp;billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/13/12911.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12910</guid><link>https://en.firstbankeg.com/12910</link><title>Foreign exchange rates at the beginning of Wednesday trading</title><description /><pubDate>Wed, 13 May 2026 10:57:20 +0200</pubDate><a10:updated>2026-05-13T10:57:20+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Foreign currency exchange rates remained stable at the start of trading in Egyptian banks on Wednesday, May 13, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;US Dollar&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 average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 52.8674 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 52.9674 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was recorded at &amp;laquo;NXT Bank&amp;raquo; at EGP 53.05.&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 selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 52.87.&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;Euro&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 recorded an slight decrease against the Egyptian pound today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 62.0928 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 62.2155 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo; at EGP 62.11.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 62.32.&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;British Pound&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 British pound also recorded an slight decrease against the Egyptian pound today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 71.5561 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 71.7338 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo; at EGP 71.79.&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 selling price was at &amp;laquo;MID Bank&amp;raquo; at EGP 71.91.&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;Saudi Riyal&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 recorded a slight increase by the close of trading today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.0893 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.1167 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo;, &amp;laquo;AIB&amp;raquo;, &amp;laquo;ADIB - Egypt&amp;raquo; at EGP 14.13.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.10.&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;Kuwaiti Dinar&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 Kuwaiti dinar recorded a noticeable increase by the close of trading in Egypt today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 172.6002 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 172.9831 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;AIB&amp;raquo; at EGP 173.15.&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 selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 171.98.&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;UAE Dirham&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 UAE dirham also recorded a slight increase by the close of trading in Egypt today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.3927 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.4243 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo;, &amp;laquo;AIB&amp;raquo;, &amp;laquo;ADIB - Egypt&amp;raquo; at EGP 14.43.&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 selling price was recorded at Al Barka Bank and &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.41.&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/2026/05/13/12910.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12908</guid><link>https://en.firstbankeg.com/12908</link><title>EGP index decreased against a basket of major currencies to 35.487 points at today's trading</title><description /><pubDate>Tue, 12 May 2026 16:10:19 +0200</pubDate><a10:updated>2026-05-12T16:10:19+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index declined against major currencies at the close of trading on Tuesday, May 12, falling to 35.487 points, compared to 35.518 points at the close of trading on Monday.&lt;/p&gt;&lt;p dir="ltr"&gt;The pound&amp;#39;s decline was attributed to its depreciation against the US dollar, the Chinese yuan, the UAE dirham, and the Saudi riyal, while it appreciated against the euro, the British pound, and the Japanese yen.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar rose from EGP 52.87 to EGP 52.97 at the close of trading, while the average buying price increased from EGP 52.77 to EGP 52.87.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the Chinese yuan rose from EGP 7.78 to EGP 7.80 at the close of trading, and the average buying price increased from EGP 7.76 to EGP 7.78.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;nbsp;The average selling price of the UAE dirham rose from EGP 14.39 to EGP 14.42 at the close of trading today, while the average buying price increased from EGP 14.37 to EGP 14.39.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal rose from EGP 14.09 to EGP 14.12 at the close of trading today, and the average buying price increased from EGP 14.07 to EGP 14.09.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the euro decreased from EGP 62.25 to EGP 62.22 at the close of trading today, and the average buying price declined from EGP 62.12 to EGP 62.09.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;nbsp;The average selling price of the British pound fell from 71.97 Egyptian pounds to 71.73 Egyptian pounds at the close of trading today, while the average buying price decreased from 71.82 Egyptian pounds to 71.56 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the Japanese yen fell from 33.66 Egyptian pounds to 33.63 Egyptian pounds at the close of trading today, and the average buying price decreased from 33.58 Egyptian pounds to 33.56 Egyptian pounds.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/12/12908.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12907</guid><link>https://en.firstbankeg.com/12907</link><title>Foreign exchange rates at the end of Tuesday trading </title><description /><pubDate>Tue, 12 May 2026 16:09:10 +0200</pubDate><a10:updated>2026-05-12T16:09:10+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Foreign currency rates recorded noticeable increases by the close of trading in Egyptian banks today, Tuesday, May 12, 2026. Below is a summary of exchange rates based on the latest report:&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;US Dollar&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 average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 52.8674 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 52.9674 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was recorded at &amp;laquo;NXT Bank&amp;raquo; at EGP 53.05.&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 selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 52.87.&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;Euro&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 recorded an slight decrease against the Egyptian pound today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 62.0928 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 62.2155 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo; at EGP 62.11.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 62.32.&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;British Pound&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 British pound also recorded an slight decrease against the Egyptian pound today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 71.5561 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 71.7338 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo; at EGP 71.79.&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 selling price was at &amp;laquo;MID Bank&amp;raquo; at EGP 71.91.&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;Saudi Riyal&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 recorded a slight increase by the close of trading today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.0893 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.1167 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo;, &amp;laquo;AIB&amp;raquo;, &amp;laquo;ADIB - Egypt&amp;raquo; at EGP 14.13.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.10.&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;Kuwaiti Dinar&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 Kuwaiti dinar recorded a noticeable increase by the close of trading in Egypt today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 172.6002 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 172.9831 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;AIB&amp;raquo; at EGP 173.15.&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 selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 171.98.&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;UAE Dirham&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 UAE dirham also recorded a slight increase by the close of trading in Egypt today, reaching EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.3927 &lt;span&gt;&lt;span&gt;&lt;span&gt; for buying and EGP &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; 14.4243 &lt;span&gt;&lt;span&gt;&lt;span&gt; for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;NXT Bank&amp;raquo;, &amp;laquo;AIB&amp;raquo;, &amp;laquo;ADIB - Egypt&amp;raquo; at EGP 14.43.&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 selling price was recorded at Al Barka Bank and &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.41.&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/2026/05/12/12907.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12906</guid><link>https://en.firstbankeg.com/12906</link><title>Egypt’s banking sector performance on EGX at Tuesday</title><description /><pubDate>Tue, 12 May 2026 15:33:54 +0200</pubDate><a10:updated>2026-05-12T15:33:54+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Tuesday, May 12, 2026, recording a increased&amp;nbsp;in its market capitalization by 1.06%, reaching EGP 911.49 billion at the end of today&amp;rsquo;s session, compared to the previous day&amp;rsquo;s closing.&lt;/span&gt;&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;&lt;span&gt;The sector&amp;rsquo;s market capitalization accounted for 24.57% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/span&gt;&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;&lt;span&gt;Trading value on banking sector stocks reached EGP 1.729 billion, representing 14.28% of the total trading value on the exchange today. A total of 20.959 million shares were traded in the sector, accounting for 0.93% of the overall trading volume of the market.&lt;/span&gt;&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;&lt;span&gt;The Egyptian Exchange closed today&amp;rsquo;s session with the main index &amp;ldquo;EGX30&amp;rdquo; declining, while both &amp;ldquo;EGX70&amp;rdquo; and &amp;ldquo;EGX100&amp;rdquo; indices rose, amid foreign investors&amp;rsquo; tendency toward buying with a net inflow of EGP 258.8 million.&lt;/span&gt;&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;&lt;span&gt;The main index &amp;ldquo;EGX30&amp;rdquo; fell by 0.77% to 54.058 points, while the &amp;ldquo;EGX70&amp;rdquo; index rose by 0.86% to 14.935 points, and the &amp;ldquo;EGX100&amp;rdquo; index increased by 0.71% to reach 20.825 points.&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/2026/05/12/12906.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12905</guid><link>https://en.firstbankeg.com/12905</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>EGX30 End Tuesday with 0.77% Decrease in benchmark index</title><description /><pubDate>Tue, 12 May 2026 15:18:17 +0200</pubDate><a10:updated>2026-05-12T15:18:17+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.822 trillion at the close of trading on Tuesday, May&amp;nbsp;12, 2026.&lt;/span&gt;&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;&lt;span&gt;The benchmark EGX30 Decreased&amp;nbsp;by 0.77% to close at 54.058 points.&lt;/span&gt;&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;&lt;span&gt;Investors traded 220&amp;nbsp;stocks, with approximately 117 gaining, 85 declining, and 18 remaining unchanged.&lt;/span&gt;&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;&lt;span&gt;Trading volume reached around 2.25 billion shares executed through 231.819 transactions, bringing the total trading value to approximately EGP 12.11 billion.&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/2026/05/12/12905.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12904</guid><link>https://en.firstbankeg.com/12904</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Al Baraka Bank Egypt Achieves EGP 1.21 Billion Pre-Tax Profits by the End of Q1 2026</title><description>Al Baraka Bank Egypt announced its financial results for the first quarter of 2026, demonstrating the sustaina</description><pubDate>Tue, 12 May 2026 14:36:59 +0200</pubDate><a10:updated>2026-05-12T14:36:59+02:00</a10:updated><a10:content type="html">&lt;p&gt;Al Baraka Bank Egypt announced its financial results for the first quarter of 2026, demonstrating the sustainability of the bank&amp;rsquo;s financial performance indicators during the period, and reinforcing its strategic position within Egypt&amp;rsquo;s Islamic banking sector, alongside its ongoing ability to meet the evolving needs of its customers.&lt;/p&gt;&lt;p&gt;During the first three months of the year, the bank achieved net profits after tax of EGP 816 million, while profit before tax recorded EGP 1.21 billion by the end of March 2026. The bank also maintained solid profitability indicators, with Return on Assets (ROA) reaching approximately 2.1%, while Return on Equity (ROE) stood at around 21%.&lt;/p&gt;&lt;p&gt;On the financial position front, total assets increased by 4.5% to reach EGP 152.5 billion by the end of March 2026. Total shareholders&amp;rsquo; equity recorded EGP 15.2 billion, reflecting a decline of 3.1% compared to the end of 2025.&lt;/p&gt;&lt;p&gt;Customer confidence in the bank continued to strengthen, as customer deposits increased to EGP 128.4 billion by the end of March 2026, marking an increase of EGP 5.7 billion and a growth rate of 4.6% compared to the end of last year. Retail deposits led this growth, rising by EGP 5.8 billion, or 7%, to reach EGP 88.7 billion, accounting for 69% of the bank&amp;rsquo;s total deposits. Meanwhile, corporate deposits stood at EGP 39.7 billion by the end of March 2026.&lt;/p&gt;&lt;p&gt;This performance was accompanied by growth in operating income, which reached EGP 2.27 billion, supported by an increase in net income from financing and investments to EGP 1.89 billion, reflecting a growth rate of 4.2%. In addition, net fees, commissions, and other income increased by 1.5% to record EGP 380 million, representing 16.8% of total operating income.&lt;/p&gt;&lt;p&gt;In parallel with deposit growth, the financing and facilities portfolio reached EGP 79.2 billion, increasing by EGP 3.3 billion and recording a growth rate of 4.3% compared to the end of 2025, bringing the financing-to-deposits ratio to 61.8%. At the level of corporate financing, the portfolio recorded EGP 60.3 billion, reflecting an increase of EGP 2.5 billion and a growth rate of 4.3%.&lt;/p&gt;&lt;p&gt;The large corporates and syndicated financing portfolio achieved growth of 5.7%, increasing by EGP 3 billion to reach EGP 55.9 billion. In addition, the SME financing portfolio stood at EGP 4.4 billion by the end of March 2026.&lt;/p&gt;&lt;p&gt;With regard to retail banking, individuals&amp;rsquo; financing increased by 4.4% to reach EGP 18.9 billion. Personal financing recorded growth of 4.2% to reach EGP 18.3 billion, while the credit card financing portfolio for individuals achieved a notable increase of 10.7%, reaching EGP 519 million by the end of the first quarter of 2026. Commenting on the results, Mr. Hazem Hegazy, CEO and Vice Chairman of Al Baraka Bank Egypt, stated: &amp;ldquo;During the first quarter of 2026, our efforts focused on moving forward with our investment plans, the impact of which is reflected in advancing our digital transformation roadmap. We are currently upgrading the Core Banking System in parallel with the launch and development of new digital branches.&lt;/p&gt;&lt;p&gt;We firmly believe that the success of these investments in digital platforms and our enhanced geographical presence represents a key pillar in improving operational efficiency and delivering Islamic banking services that keep pace with modern technological requirements.&amp;rdquo;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/12/12904.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12902</guid><link>https://en.firstbankeg.com/12902</link><title>EGX30 beginning Tuesday with 0.32% decrease in benchmark index</title><description>The market capitalization of listed equities on the Egyptian Exchanges main market reached EGP 3.821 trillion</description><pubDate>Tue, 12 May 2026 11:30:20 +0200</pubDate><a10:updated>2026-05-12T11:30:20+02:00</a10:updated><a10:content type="html">&lt;p data-end="226" data-start="64" dir="ltr"&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.821 trillion at the start of trading on tuesday, May 12, 2026.&lt;/p&gt;&lt;p data-end="343" data-start="218" dir="ltr"&gt;The main index, EGX30, opened today&amp;rsquo;s session at 54.475 points and increased by 0.32% in early trading to reach 54.300 points.&lt;/p&gt;&lt;p data-end="439" data-start="345" dir="ltr"&gt;Investors traded on 218 stocks, of which 105 rose, 77 declined, and 36 remained unchanged.&lt;/p&gt;&lt;p data-end="588" data-is-last-node="" data-is-only-node="" data-start="441" dir="ltr"&gt;Trading volume reached approximately 639 million shares executed through 71 transactions, with a total trading value of about EGP 3.12 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/12/12902.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12901</guid><link>https://en.firstbankeg.com/12901</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Arab African International Bank and BMW Egypt Signs Strategic Partnership Agreement Offering Exclusive Benefits to AAIB Customers </title><description /><pubDate>Tue, 12 May 2026 11:27:41 +0200</pubDate><a10:updated>2026-05-12T11:27:41+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;As part of its commitment to enhancing customer experience and delivering competitive benefits tailored to AAIB customer needs, Arab African International Bank (AAIB), announced the signing of a strategic partnership agreement with BMW Egypt.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;nbsp;The partnership aims to provide the Bank&amp;rsquo;s customers with a comprehensive financing program to buy BMW vehicles&amp;mdash;both electric and Petrol&amp;mdash;alongside a range of exclusive benefits.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The agreement was signed by Dina Zikry, Head of Retail Banking at Arab African International Bank, and Mohamed Fitian, Sales Director of BMW Egypt.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;nbsp;With attendance of Tamer Waheed, Vice Chairman and Managing Director of Arab African International Bank,&lt;b&gt;&lt;/b&gt;and&lt;b&gt;&lt;/b&gt;Mohamed Kandeel, CEO &amp;amp; Managing Director of Global Auto Group, alongside senior representatives from both sides.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Under this partnership, AAIB customers will benefit from exclusive benefits on BMW vehicles when purchasing through the Bank&amp;rsquo;s financing programs. The offer also includes a matching set of advantages such as competitive offers on both electric and petrol models, flexible installment plans of up to 12 years with zero admin fees, and a comprehensive electric vehicle package.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;nbsp;In addition, customers will benefit from an extended 5-year warranty, a complimentary 3-year service package, and tailored services for the Bank&amp;rsquo;s customers.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This collaboration further reflects AAIB&amp;rsquo;s strategy to expand its network of partnerships with leading global brands, enhancing the value proposition offered to its customers and reinforcing its position within the Egyptian banking sector.&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/2026/05/12/12901.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12900</guid><link>https://en.firstbankeg.com/12900</link><title>Foreign exchange rates at the beginning of Monday trading</title><description /><pubDate>Tue, 12 May 2026 11:12:06 +0200</pubDate><a10:updated>2026-05-12T11:12:06+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Foreign currency exchange rates remained stable at the start of trading in Egyptian banks on Sunday, May 10, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;US Dollar&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 average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 52.7529 for buying and EGP 52.8929 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was recorded at &amp;laquo;ABK&amp;raquo; at EGP 52.88.&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;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; and Bank of Alexandria at EGP 52.77.&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;Euro&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 recorded an increase against the Egyptian pound today, reaching EGP 62.0796 for buying and EGP 62.2549 for selling, according to the latest data from the Central Bank.&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 buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 62.11.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 62.22.&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;British Pound&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 British pound also recorded an increase against the Egyptian pound today, reaching EGP 71.6911 for buying and EGP 71.8973 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 71.66.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 71.89.&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;Saudi Riyal&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 recorded a slight increase by the close of trading today, reaching EGP 14.0603 for buying and EGP 14.0984 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;ABK&amp;raquo; at EGP 14.10.&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 selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 14.07.&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;Kuwaiti Dinar&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 Kuwaiti dinar recorded a noticeable increase by the close of trading in Egypt today, reaching EGP 172.2261 for buying and EGP 172.7396 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 172.37.&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 selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 171.4.&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;UAE Dirham&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 UAE dirham also recorded a slight increase by the close of trading in Egypt today, reaching EGP 14.3616 for buying and EGP 14.4032 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;ABK&amp;raquo; at EGP 14.38.&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 selling price was recorded at &amp;laquo;NXT&amp;raquo; and &amp;laquo;FABMISR&amp;raquo; at EGP 14.37.&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/2026/05/12/12900.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12899</guid><link>https://en.firstbankeg.com/12899</link><title>Foreign exchange rates at the end of Monday trading</title><description /><pubDate>Mon, 11 May 2026 16:37:33 +0200</pubDate><a10:updated>2026-05-11T16:37:33+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Foreign currency rates recorded noticeable increases by the close of trading in Egyptian banks today, Monday, May 11, 2026. Below is a summary of exchange rates based on the latest report:&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;US Dollar&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 average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 52.7529 for buying and EGP 52.8929 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was recorded at &amp;laquo;ABK&amp;raquo; at EGP 52.88.&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;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; and Bank of Alexandria at EGP 52.77.&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;Euro&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 recorded an increase against the Egyptian pound today, reaching EGP 62.0796 for buying and EGP 62.2549 for selling, according to the latest data from the Central Bank.&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 buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 62.11.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 62.22.&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;British Pound&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 British pound also recorded an increase against the Egyptian pound today, reaching EGP 71.6911 for buying and EGP 71.8973 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 71.66.&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 selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 71.89.&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;Saudi Riyal&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 recorded a slight increase by the close of trading today, reaching EGP 14.0603 for buying and EGP 14.0984 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;ABK&amp;raquo; at EGP 14.10.&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 selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 14.07.&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;Kuwaiti Dinar&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 Kuwaiti dinar recorded a noticeable increase by the close of trading in Egypt today, reaching EGP 172.2261 for buying and EGP 172.7396 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 172.37.&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 selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 171.4.&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;UAE Dirham&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 UAE dirham also recorded a slight increase by the close of trading in Egypt today, reaching EGP 14.3616 for buying and EGP 14.4032 for selling, according to the latest data from the Central Bank of Egypt.&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 buying price was at &amp;laquo;ABK&amp;raquo; at EGP 14.38.&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 selling price was recorded at &amp;laquo;NXT&amp;raquo; and &amp;laquo;FABMISR&amp;raquo; at EGP 14.37.&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/2026/05/11/12899.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12898</guid><link>https://en.firstbankeg.com/12898</link><title>EGP index decreased against a basket of major currencies to 35.518 points at today's trading</title><description /><pubDate>Mon, 11 May 2026 16:31:14 +0200</pubDate><a10:updated>2026-05-11T16:31:14+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound index declined against major currencies at the close of trading on Monday, May 11, falling to 35.518 points, compared to 35.675 points at the close of trading on Sunday.&lt;/p&gt;&lt;p dir="ltr"&gt;The pound&amp;#39;s decline was attributed to its depreciation against the US dollar, the euro, the Chinese yuan, the British pound, the UAE dirham, the Saudi riyal, and the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar rose from EGP 52.61 to EGP 52.87 at the close of trading, while the average buying price increased from EGP 52.51 to EGP 52.77.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the euro rose from EGP 62.02 to EGP 62.25 at the close of trading, and the average buying price climbed from EGP 61.88 to EGP 62.12.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;nbsp;The average selling price of the British pound rose from 71.74 Egyptian pounds to 71.97 Egyptian pounds at the close of trading today, while the average buying price increased from 71.59 Egyptian pounds to 71.82 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the Chinese yuan rose from 7.74 Egyptian pounds to 7.78 Egyptian pounds at the close of trading today, and the average buying price increased from 7.72 Egyptian pounds to 7.76 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen rose from 33.59 Egyptian pounds to 33.66 Egyptian pounds at the close of trading today, and the average buying price increased from 33.51 Egyptian pounds to 33.58 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;nbsp;The average selling price of the UAE dirham rose from EGP 14.32 to EGP 14.39 at the close of trading today, while the average buying price increased from EGP 14.30 to EGP 14.37.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the Saudi riyal rose from EGP 14.02 to EGP 14.09 at the close of trading today, and the average buying price increased from EGP 14 to EGP 14.07.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/11/12898.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12896</guid><link>https://en.firstbankeg.com/12896</link><title>Egypt’s banking sector performance on EGX at Monday</title><description /><pubDate>Mon, 11 May 2026 15:33:24 +0200</pubDate><a10:updated>2026-05-11T15:33:24+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Monday, May 11, 2026, recording a increased&amp;nbsp;in its market capitalization by 1.51%, reaching EGP 921.240 billion at the end of today&amp;rsquo;s session, compared to the previous day&amp;rsquo;s closing.&lt;/span&gt;&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;&lt;span&gt;The sector&amp;rsquo;s market capitalization accounted for 24.89% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/span&gt;&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;&lt;span&gt;Trading value on banking sector stocks reached EGP 1.45 billion, representing 12.82% of the total trading value on the exchange today. A total of 22.42 million shares were traded in the sector, accounting for 0.98% of the overall trading volume of the market.&lt;/span&gt;&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;&lt;span&gt;The Egyptian Exchange closed today&amp;rsquo;s session with the main index &amp;ldquo;EGX30&amp;rdquo; declining, while both &amp;ldquo;EGX70&amp;rdquo; and &amp;ldquo;EGX100&amp;rdquo; indices rose, amid foreign investors&amp;rsquo; tendency toward buying with a net inflow of EGP 258.8 million.&lt;/span&gt;&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;&lt;span&gt;The main index &amp;ldquo;EGX30&amp;rdquo; fell by 0.28% to 54.475 points, while the &amp;ldquo;EGX70&amp;rdquo; index rose by 0.71% to 14.807 points, and the &amp;ldquo;EGX100&amp;rdquo; index increased by 0.61% to reach 20.679 points.&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/2026/05/11/12896.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12895</guid><link>https://en.firstbankeg.com/12895</link><title>EGX30 End Monday with 0.65% Decrease in benchmark index</title><description /><pubDate>Mon, 11 May 2026 15:28:01 +0200</pubDate><a10:updated>2026-05-11T15:28:01+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.814&amp;nbsp;trillion at the close of trading on Monday, May&amp;nbsp;11, 2026.&lt;/span&gt;&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;&lt;span&gt;The benchmark EGX30 Decreased&amp;nbsp;by 0.28% to close at 54.475&amp;nbsp;points.&lt;/span&gt;&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;&lt;span&gt;Investors traded 220&amp;nbsp;stocks, with approximately 103&amp;nbsp;gaining, 100&amp;nbsp;declining, and 17 remaining unchanged.&lt;/span&gt;&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;&lt;span&gt;Trading volume reached around 2.28&amp;nbsp;billion shares executed through 245.85&amp;nbsp;transactions, bringing the total trading value to approximately EGP 11.33&amp;nbsp;billion.&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/2026/05/11/12895.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12891</guid><link>https://en.firstbankeg.com/12891</link><title>EGP index rose against a basket of major currencies to 35.675 points at today's trading</title><description /><pubDate>Sun, 10 May 2026 16:28:18 +0200</pubDate><a10:updated>2026-05-10T16:28:18+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound strengthened against major currencies at the close of trading on Sunday, May 10, reaching 35.675 points, compared to 35.582 points at the close of trading last Wednesday.&lt;/p&gt;&lt;p dir="ltr"&gt;The pound&amp;#39;s rise was driven by its appreciation against the US dollar, the euro, the British pound, the UAE dirham, the Saudi riyal, and the Japanese yen, while remaining stable against the Chinese yuan.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar fell from EGP 52.75 to EGP 52.61 at the close of trading, while the average buying price decreased from EGP 52.65 to EGP 52.51.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the euro declined from EGP 62.17 to EGP 62.02, and the average buying price dropped from EGP 62.04 to EGP 61.88. &amp;nbsp;The average selling price of the British pound fell from 71.91 Egyptian pounds to 71.74 Egyptian pounds at the close of trading today, while the average buying price declined from 71.75 Egyptian pounds to 71.59 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from 33.84 Egyptian pounds to 33.59 Egyptian pounds at the close of trading today, and the average buying price dropped from 33.77 Egyptian pounds to 33.51 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the UAE dirham fell from 14.36 Egyptian pounds to [missing price] at the close of trading today, and the average buying price decreased from 14.33 Egyptian pounds to [missing price] at the close of trading today.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal declined from 14.06 Egyptian pounds to 14.02 Egyptian pounds at the close of trading today, and the average buying price dropped from 14.03 Egyptian pounds to [missing price] at the close of trading today.&lt;/p&gt;&lt;p dir="ltr"&gt;[missing price] &amp;nbsp;As for the average selling price of the Chinese yuan, it settled at 7.74 Egyptian pounds at the close of trading today, and the average buying price also settled at 7.72 Egyptian pounds at the end of trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/10/12891.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12889</guid><link>https://en.firstbankeg.com/12889</link><title>Egypt’s banking sector performance on EGX at Sunday</title><description /><pubDate>Sun, 10 May 2026 15:13:41 +0200</pubDate><a10:updated>2026-05-10T15:13:41+02:00</a10:updated><a10:content type="html">&lt;p data-end="266" data-start="0" dir="ltr"&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on sunday, 10&amp;nbsp;May 2026, recording a increased in its market capitalization by 0.53%, reaching EGP 907.492 billion at the end of today&amp;rsquo;s session, compared to&amp;nbsp;EGP 902.675&amp;nbsp;billion&amp;nbsp;the previous day&amp;rsquo;s closing.&lt;/p&gt;&lt;p data-end="419" data-start="268" dir="ltr"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.64% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="681" data-start="421" dir="ltr"&gt;Trading value on banking sector stocks reached EGP 638.17&amp;nbsp;million, representing 5.19% of the total trading value on the exchange today. A total of 13.27 million shares were traded in the sector, accounting for 0.51% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="899" data-start="683" dir="ltr"&gt;The Egyptian Stock Exchange closed at the end of today&amp;rsquo;s trading on a collective rise in its main trading, amid the trend of foreign investors towards a net purchase of 258.8 million pounds.&lt;/p&gt;&lt;p data-end="1077" data-is-last-node="" data-is-only-node="" data-start="901" dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by 1.91% to 54.628 points, while the &amp;ldquo;EGX70&amp;rdquo; index rose by 1.40% to 14,702 points, and the &amp;ldquo;EGX100&amp;rdquo; index rose by 1.72% to reach 20.553 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/10/12889.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12888</guid><link>https://en.firstbankeg.com/12888</link><title>EGX30 end Wednesday with 1.91% increase in benchmark index</title><description /><pubDate>Sun, 10 May 2026 15:06:19 +0200</pubDate><a10:updated>2026-05-10T15:06:19+02:00</a10:updated><a10:content type="html">&lt;p data-end="226" data-start="64" dir="ltr"&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.800 trillion at the close of trading on sunday, May 10, 2026.&lt;/p&gt;&lt;p data-end="322" data-start="228" dir="ltr"&gt;The benchmark EGX30 increased&amp;nbsp;by 1.91% to close at 54.628 points.&lt;/p&gt;&lt;p data-end="428" data-start="324" dir="ltr"&gt;Investors traded 222 stocks, with approximately 137 gaining, 68 declining, and 17 remaining unchanged.&lt;/p&gt;&lt;p data-end="586" data-is-last-node="" data-is-only-node="" data-start="430" dir="ltr"&gt;Trading volume reached around 2.62 billion shares executed through 268.35 transactions, bringing the total trading value to approximately EGP 12.30 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/10/12888.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12885</guid><link>https://en.firstbankeg.com/12885</link><title>EGX30 beginning Sunday with 1.58% increase in benchmark index</title><description /><pubDate>Sun, 10 May 2026 12:38:24 +0200</pubDate><a10:updated>2026-05-10T12:38:24+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares in the Egyptian Exchange&amp;rsquo;s main market recorded EGP 3.756 trillion at the start of trading today, sunday, 10 May.&lt;/p&gt;&lt;p data-end="343" data-start="218" dir="ltr"&gt;The main index, EGX30, opened today&amp;rsquo;s session at 52.557 points and increased by 1.58% in early trading to reach 53.493 points.&lt;/p&gt;&lt;p data-end="439" data-start="345" dir="ltr"&gt;Investors traded on 216 stocks, of which 150 rose, 32 declined, and 34 remained unchanged.&lt;/p&gt;&lt;p data-end="588" data-is-last-node="" data-is-only-node="" data-start="441" dir="ltr"&gt;Trading volume reached approximately 363 million shares executed through 59 transactions, with a total trading value of about EGP 2.62 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/10/12885.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12884</guid><link>https://en.firstbankeg.com/12884</link><title>Foreign exchange rates at the beginning of Wednesday trading </title><description /><pubDate>Sun, 10 May 2026 10:31:02 +0200</pubDate><a10:updated>2026-05-10T10:31:02+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Foreign currency exchange rates remained stable at the start of trading in Egyptian banks on Sunday, May 10, 2026. The following report details the exchange rates in Egyptian banks:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The average price of the US dollar&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-EG"&gt;&amp;nbsp;stabilized&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;against the Egyptian pound, reaching EGP 52.6486 for buying and EGP 52.7486 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;ELAB&amp;raquo; at EGP 53.67 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;laquo;Emirates NBD&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;at EGP 52.67 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro&amp;nbsp;recorded EGP 62.0411 for buying and EGP 62.1695 for selling, according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &amp;laquo;ELAB&amp;raquo;&amp;nbsp;at EGP 62.75 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;The United Bank&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;at EGP &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;62.12&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The British pound reaching EGP 71.7495 for buying and EGP 71.9121 for&amp;nbsp; selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &amp;laquo;ELAB&amp;raquo; at EGP 72.66 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;laquo;Emirates NBD&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; at EGP 71.86 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal reaching EGP 14.0333 for buying and EGP 14.0614 for selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;&amp;laquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;EBank&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; at EGP 14.30 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;nbsp;Faisal Islamic Bank&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;at EGP 14.04 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar stabilized at EGP 171.8576 for buying and EGP 172.2402 for selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 171.98 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;at EGP 172.06 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The UAE dirham reaching EGP 14.3332 for buying and EGP 14.3612 for selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &amp;laquo;EBank&amp;raquo; at EGP &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;14.61&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt; Faisal&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;Islamic &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt; Bank&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;at EGP 14.34 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/10/12884.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12882</guid><link>https://en.firstbankeg.com/12882</link><title>EGP index rose against a basket of major currencies to 35.582 points at today's trading</title><description /><pubDate>Wed, 06 May 2026 16:57:59 +0200</pubDate><a10:updated>2026-05-06T16:57:59+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian pound strengthened against major currencies at the close of trading on Wednesday, May 6, reaching 35.582 points, compared to 35.018 points at the close of trading on Tuesday.&lt;/p&gt;&lt;p dir="ltr"&gt;The pound&amp;#39;s rise was driven by its appreciation against the US dollar, the euro, the Chinese yuan, the British pound, the UAE dirham, the Saudi riyal, and the Japanese yen.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the US dollar fell from EGP 53.77 to EGP 52.75 at the close of trading, while the average buying price decreased from EGP 53.67 to EGP 52.65.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the euro declined from EGP 62.83 to EGP 62.17, and the average buying price dropped from EGP 62.70 to EGP 62.04. &amp;nbsp;The average selling price of the British pound fell from 72.78 Egyptian pounds to 71.91 Egyptian pounds at the close of trading today, while the average buying price declined from 72.63 Egyptian pounds to 71.75 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan also decreased, from 7.87 Egyptian pounds to 7.74 Egyptian pounds at the close of trading today, and the average buying price fell from 7.86 Egyptian pounds to 7.73 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen dropped from 34.09 Egyptian pounds to 33.84 Egyptian pounds at the close of trading today, and the average buying price decreased from 34.01 Egyptian pounds to 33.77 Egyptian pounds.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;nbsp;The average selling price of the UAE dirham fell from EGP 14.64 to EGP 14.36 at the close of trading today, while the average buying price decreased from EGP 14.61 to EGP 14.33.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, the average selling price of the Saudi riyal declined from EGP 14.33 to EGP 14.06 at the close of trading today, and the average buying price dropped from EGP 14.30 to EGP 14.03.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/06/12882.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12881</guid><link>https://en.firstbankeg.com/12881</link><title>Foreign exchange rates at the end of Wednesday trading </title><description /><pubDate>Wed, 06 May 2026 16:02:33 +0200</pubDate><a10:updated>2026-05-06T16:02:33+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Foreign currency rates recorded noticeable&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-EG"&gt;&amp;nbsp;declines&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; by the close of trading in Egyptian banks today, Wednesday, May 6, 2026. Below is a summary of exchange rates based on the latest report:&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The average price of the US dollar&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-EG"&gt;&amp;nbsp;decline&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; against the Egyptian pound, reaching EGP 52.6486 for buying and EGP 52.7486 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;ELAB&amp;raquo;  at EGP  53.67 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was recorded at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;laquo;Emirates NBD&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;at EGP 52.67 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro&amp;nbsp;recorded a&amp;nbsp;fell&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;,&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; reaching EGP 62.0411 for buying and EGP 62.1695 for selling, according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &amp;laquo;ELAB&amp;raquo;&amp;nbsp;at EGP 62.75 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;The United Bank&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;at EGP &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;62.12&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The British pound saw decrease, reaching EGP 71.7495 for buying and EGP 71.9121 for&amp;nbsp; selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at  &amp;laquo;ELAB&amp;raquo; at EGP  72.66  .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;laquo;Emirates NBD&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; at EGP 71.86 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a slight fell, reaching EGP 14.0333 for buying and EGP 14.0614 for selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;&amp;laquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;EBank&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; at EGP 14.30 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;nbsp;Faisal Islamic Bank&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;at EGP 14.04 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar decreased to EGP 171.8576 for buying and EGP 172.2402 for selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 171.98 .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;at EGP 172.06 .&lt;/p&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The UAE dirham also fell, reaching EGP 14.3332 for buying and EGP 14.3612 for selling,&amp;nbsp;according to the Central Bank.&lt;/p&gt;&lt;p dir="ltr"&gt;The highest buying price was at  &amp;laquo;EBank&amp;raquo; at EGP &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span lang="AR-SA"&gt;14.61&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; .&lt;/p&gt;&lt;p dir="ltr"&gt;The lowest selling price was at&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt; Faisal&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;Islamic &lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span dir="LTR"&gt; Bank&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;at EGP 14.34 .&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/06/12881.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12880</guid><link>https://en.firstbankeg.com/12880</link><title>Egypt’s banking sector performance on EGX at Wednesday</title><description /><pubDate>Wed, 06 May 2026 15:22:03 +0200</pubDate><a10:updated>2026-05-06T15:22:03+02:00</a10:updated><a10:content type="html">&lt;p data-end="266" data-start="0" dir="ltr"&gt;The banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on wednesday, May 6, 2026, recording a decline in its market capitalization by 1.48%, reaching EGP 902.68 billion at the end of today&amp;rsquo;s session, compared to&amp;nbsp;EGP 889.50&amp;nbsp;billion&amp;nbsp;the previous day&amp;rsquo;s closing.&lt;/p&gt;&lt;p data-end="419" data-start="268" dir="ltr"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.83% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="681" data-start="421" dir="ltr"&gt;Trading value on banking sector stocks reached EGP 1.26 billion, representing 9.09% of the total trading value on the exchange today. A total of 15.65 million shares were traded in the sector, accounting for 0.71% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="899" data-start="683" dir="ltr"&gt;The Egyptian Stock Exchange closed at the end of today&amp;rsquo;s trading on a collective rise in its main trading, amid the trend of foreign investors towards a net purchase of 258.8 million pounds.&lt;/p&gt;&lt;p data-end="1077" data-is-last-node="" data-is-only-node="" data-start="901" dir="ltr"&gt;The main index &amp;ldquo;EGX30&amp;rdquo; increased by 1.99% to 53.605 points, while the &amp;ldquo;EGX70&amp;rdquo; index rose by 0.70% to 14,500 points, and the &amp;ldquo;EGX100&amp;rdquo; index rose by 0.99% to reach 20.206 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/06/12880.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/12879</guid><link>https://en.firstbankeg.com/12879</link><title>EGX30 end Wednesday with 1.99% increase in benchmark index</title><description /><pubDate>Wed, 06 May 2026 15:17:21 +0200</pubDate><a10:updated>2026-05-06T15:17:21+02:00</a10:updated><a10:content type="html">&lt;p data-end="226" data-start="64" dir="ltr"&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.753 trillion at the close of trading on wednesday, May 6, 2026.&lt;/p&gt;&lt;p data-end="322" data-start="228" dir="ltr"&gt;The benchmark EGX30 increased&amp;nbsp;by 1.99% to close at 53.605 points.&lt;/p&gt;&lt;p data-end="428" data-start="324" dir="ltr"&gt;Investors traded 223 stocks, with approximately 116 gaining, 90 declining, and 17 remaining unchanged.&lt;/p&gt;&lt;p data-end="586" data-is-last-node="" data-is-only-node="" data-start="430" dir="ltr"&gt;Trading volume reached around 2.21 billion shares executed through 259.59 transactions, bringing the total trading value to approximately EGP 13.81 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/05/06/12879.jpg"></enclosure></item></channel></rss>