Egypt and global economy brief
Cairo Bank earns EGP 13.1bn in nine months
An RE brief based on a story published by Al Borsa on 11 November 2026.
Read the full story at the sourceThe story in brief
Cairo Bank’s profits rose 5% in the first 9 months of the current year to EGP 13.1 billion, compared with EGP 12.5 billion in the same period of 2025. CEO Hussein Abaza said the bank is targeting net profits of EGP 18 billion by year-end; it also raised more than EGP 36 billion by offering about 45% of its shares on the Egyptian Exchange.
Key numbers
- EGP 13.1 billion
- Profit in the first 9 months
- 5%
- Profit growth
- EGP 28.45 billion
- Net interest income
- EGP 18 billion
- Year-end net profit target
- 27 times
- Coverage of the public offering
- EGP 36 billion
- Proceeds from the share offering