Egyptian Gulf Bank News - Mubasher Info
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31 May 01:26 PM

Egyptian Gulf Bank (EGBE)

Last update: 25 May 01:06 PM market time.
0.46
-0.01
-1.94%
Open 0.46
Previous Close 0.46
High 0.46
Low 0.45
Stock Statistics
Volume 443,449
Turnover 200,791.97
All data are 15 minutes late during market session

News

EG Bank
10 May 01:05 PM EG Bank generates 35% higher consolidated profits in Q1-26
Cairo - Mubasher: Egyptian Gulf Bank (EG Bank) recorded 35% year-on-year (YoY) higher consolidated net profits after tax valued at EGP 1.02 billion in the first quarter (Q1) of 2026, compared to EGP 758.71 million. The earnings per share (EPS) …
Financial Results
Photo Archive
11 February 09:36 PM EG Bank’s consolidated net profits surge to EGP 4.1bn in 2025
Cairo - Mubasher: The consolidated net profits after tax of Egyptian Gulf Bank (EG Bank) reached EGP 4.18 billion in 2025, signaling an annual jump from EGP 2.55 billion. The basic earnings per share (EPS) increased to EGP 7.07 in January-December …
Financial Results
EG Bank’s stock enters correction phase near EGP 0.30
5 January 02:36 PM EG Bank’s stock enters correction phase near EGP 0.30
Cairo - Mubasher: Technical analysis indicates that the Egyptian Gulf Bank’s (EG Bank) stock has seen a significant rise recently, moving in an upward trend and forming higher highs and lower lows. Recent trading recorded a natural correction …
Stock Evaluations
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12 August 2025 02:04 PM EG Bank reports 30.5% surge in H1-25 consolidated net profits
Cairo - Mubasher: The consolidated net profits of Egyptian Gulf Bank (EG Bank) reached EGP 1.67 billion in the first half (H1) of 2025, signaling a 30.42% hike from EGP 1.28 billion in H1-24. Net interest income stood at EGP 4.07 billion in H1-25, …
Financial Results
Al Baraka Bank Egypt partakes in EGP 6.2bn financing contract for Mountain View
5 August 2025 09:23 PM Al Baraka Bank Egypt partakes in EGP 6.2bn financing contract for Mountain View; listed banks included
Cairo – Mubasher: Al Baraka Bank Egypt has participated in a banking consortium comprising five leading Egyptian banks to sign a long-term joint financing contract in favor of the real estate developer Mountain View, according to a press release. …
Banking and Finance
Photo Gallery
16 June 2025 07:04 PM EG Bank, Mastercard forge partnership to strengthen digital payment services
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) has joined forces with Mastercard to drive financial accessibility, expand digital payment adoption, and launch new segments to its card portfolio. The collaboration aims to reinforce the lender’s …
Banking and Finance
Photo Archive
10 November 2024 11:26 AM EG Bank generates 81% higher consolidated profits in 9M-24
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) logged consolidated net profits valued at EGP 1.91 billion in the first nine months (9M) of 2024, higher by 81% than EGP 1.06 billion in 9M-23. Net interest income amounted to EGP 16.01 billion in …
Banking and Finance
Photo Archive
15 August 2024 05:06 PM EG Bank’s consolidated profits cross EGP 1.2bn in H1-24
Cairo – Mubasher: The consolidated net profits of Egyptian Gulf Bank (EG Bank) grew year-on-year (YoY) to EGP 1.28 billion in the first half (H1) of 2024 from EGP 672.25 million, according to the financials. Earnings per share (EPS) hiked to EGP …
Banking and Finance
Photo Archive
11 July 2024 09:46 AM FRA greenlights EG Bank’s capital raise
Cairo – Mubasher: The Financial Regulatory Authority (FRA) passed the request of Egyptian Gulf Bank (EG Bank) to increase its issued and paid-up capital to $510.10 million from $499.50 million. The $10.60 million raise will be distributed over …
Management Decisions
Photo Archive
24 April 2024 01:25 PM EG Bank’s consolidated profit surges 91% YoY in Q1-24
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) reported a consolidated net profit after tax from continued operations of EGP 596.54 million during the first quarter (Q1) of 2024, up 91% year-on-year (YoY) from EGP 312.77 million. The bank’s …
Financial Results
Photo Archive
19 March 2024 05:35 PM EG Bank’s shareholders nod to capital increase
Cairo – Mubasher: The shareholders of Egyptian Gulf Bank (EG Bank) agreed to disburse EGP 250.25 million bonus shares at a nominal value of EGP 0.02 per share. The ordinary general meeting (OGM) greenlighted the bonus shares, on 18 March 2024, in …
Corporate Actions
Photo Archive
24 January 2024 01:00 PM EG Bank mulls EGP 500m capital hike
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) plans to increase the issued and paid-up capital by EGP 500 million financed from the disclosed profits in the distribution account for 2023. The lender will proceed with the capital raise process in …
Management Decisions
Photo Archive
10 January 2024 11:31 AM EG Bank’s consolidated profits hit EGP 1.48bn in 2023
Cairo – Mubasher: The consolidated net profits after tax from continued operations of Egyptian Gulf Bank (EG Bank) enlarged by 75% to EGP 1.48 billion in 2023 from EGP 845.83 million at the end of December 2022. The listed lender posted interest …
Financial Results
Photo Archive
12 December 2023 11:42 AM EG Bank eyes 21% higher net profits in 2024
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) plans to achieve 21% higher net profits in 2024 when compared with 2023. The board members greenlighted the 2024 estimated budget on 10 December 2023, according to a bourse filing. In the first nine …
Board of Directors
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19 October 2023 09:54 AM EG Bank posts 70% leap in 9M-23 consolidated profits
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) witnessed 70% higher consolidated net profits after tax standing at EGP 1.05 billion in the first nine months (9M) of 2023, versus EGP 621.48 million in 9M-22. Net interest income widened by 45% …
Banking and Finance
Photo Archive
27 August 2023 02:37 PM EG Bank sees EGP 21m block trading deal
Cairo - Mubasher: Egyptian Gulf Bank (EG Bank) recorded a block trading agreement standing at EGP 20.96 million on 24 August 2023. The Egyptian Exchange (EGX) announced in a recent bourse statement that the block deal was executed on 1.88 million …
Banking and Finance
Photo Archive
16 August 2023 00:19 PM EG Bank’s consolidated profits to shareholders cross EGP 672m in H1-23
Cairo – Mubasher: The consolidated net profits attributable to the owners of Egyptian Gulf Bank (EG Bank) hiked to EGP 672.25 million in the first half (H1) of 2023 from EGP 406.63 million a year earlier. The net interest income amounted to EGP …
Financial Results
Photo Archive
7 May 2023 03:48 PM EG Bank’s consolidated profits up 61% in Q1-23
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) generated EGP 312.77 million in consolidated net profit after tax from continuing operations during the first quarter (Q1) of 2023, an annual surge of 61% from EGP 193.75 million. The earnings per …
Banking and Finance
Photo Archive
21 March 2023 11:03 AM EG Bank’s OGM nods to 2022 dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Egyptian Gulf Bank (EG Bank) approved, on 19 March, the distribution of cash dividends for 2022. The cash dividends will be disbursed over two instalments, according to a bourse filing. The …
Banking and Finance
Photo Archive
5 February 2023 06:17 PM EG Bank’s consolidated profits near EGP 846m in 2022; dividends proposed
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) logged consolidated net profits after tax worth EGP 845.83 million in 2022, up from EGP 695.33 million in 2021, including minority shareholders’ rights.  Earnings per share (EPS) stood at EGP 1.65 …
Board of Directors
Photo Archive
6 December 2022 01:22 PM EG Bank’s board approves FY23 estimated budget
Cairo – Mubasher: The board of directors of Egyptian Gulf Bank (EG Bank) has approved the bank's estimated budget for fiscal year (FY) 2023 during a meeting on Monday, 5 December. The bank’s profits are expected to grow by more than 15% on an …
Companies Investments
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9 November 2022 02:09 PM EG Bank’s profits grow 23% in 9M-22 unaudited results
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) registered EGP 621.48 million in consolidated net profits during the first nine months (9M) of 2022, a year-on-year (YoY) increase of 23% from EGP 505 million, including minority shareholders’ …
Financial Results
Photo Archive
22 September 2022 00:10 PM EG Bank’s OGM approves $46.44m capital raise
Cairo – Mubasher: The ordinary general meeting (OGM) of the Egyptian Gulf Bank (EG Bank) approved cancelling its previous decision to increase the bank's capital to $486.48 million from $453.05 million by offering bonus shares. Hence, the OGM …
General Assembly
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21 August 2022 01:05 PM EG Bank reports 27% higher consolidated earnings in H1-22
Cairo – Mubasher: Consolidated net profits of the Egyptian Gulf Bank (EG Bank) grew by 27% year-on-year (YoY) in the first half (H1) of 2022 to EGP 406.63 million, compared to EGP 320.20 million. Interest income reached EGP 3.83 billion in H1-22, …
Banking and Finance
Photo Archive
20 July 2022 00:11 PM EG Bank's standalone profits rise 23% in H1-22
Cairo – Mubasher: The Egyptian Gulf Bank (EG Bank) recorded a 23% year-on-year (YoY) increase in its standalone net profits to EGP 409.46 million in the first half (H1) of 2022 from EGP 333.95 million, according to the bank's initial financials. …
Banking and Finance