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Through the “Future Scientists Scholarship,” launched by the Central Bank of Egypt and the Ministry of Higher Education and Scientific Research, we grant outstanding students who are socially deserving and people with disabilities who are most in need a fully funded educational opportunity that opens the doors to their future.

The Industrial Development Bank (IDB) has won two prestigious international awards as part of The Global Economics Awards 2025, organized by The Global Economics organization, during its annual ceremony held in Dubai, United Arab Emirates, with the participation of a distinguished group of leading banking and financial institutions from around the world.

Industrial Development Bank Receives an Honorary Shield from eFinance Following the Execution of the First Foreign Currency Tax Payment via the CPS Platform

Mai Abdelhamid: The protocol offers diverse financing options for low- and middle-income citizens Hussein Refaie: The cooperation supports the Bank’s efforts in mortgage finance in line with the Central Bank of Egypt’s initiatives

The Suez Canal Authority signed a cooperation protocol with the Industrial Development Bank (IDB) to issue a variety of payment cards, including debit and credit cards

The Industrial Development Bank (IDB) organized a special celebration for Children’s Day through distinguished visits to both the Orphanage for Pre-School Children and the Angels Home for Children with Disabilities

Industrial Development Bank Celebrates Children at Al-Nas Hospital Through a Special Community Initiative

Industrial Development Bank Participates with EGP 300 Million in a Syndicated Loan for Mashareq Real Estate Investment

Hussein Refaai: Climate Change Is No Longer an Environmental Option, but a Global Developmental and Economic Issue — We Are Committed to Supporting State Efforts Through Sustainable Finance and Development Partnerships

The Industrial Development Bank (IDB) participated in a banking consortium led by Suez Canal Bank in signing a syndicated financing agreement worth EGP 4.485 billion in favor of Madkour Projects

The Industrial Development Bank (IDB) has signed a syndicated loan agreement for Azad Views, a subsidiary of Tatweer Group, in cooperation with Emirates NBD and a number of participating banks.

The Industrial Development Bank (IDB) has successfully implemented Pio-Tech’s Anti-Money Laundering (AML) and Risk-Based Assessment (RBA) Systems. These advanced solutions will enable IDB to streamline reporting processes, enhance monitoring, and ensure full alignment with regulatory requirements.

As part of its commitment to supporting the technology and financial services sectors and enhancing strategic partnerships, the Industrial Development Bank (IDB) has signed a credit facility agreement worth EGP 1.13 billion with Raya Information Technology, a subsidiary of Raya Holding for Financial Investments. The aim is to finance its expansion plans in digital transformation projects and the development of technological infrastructure in the Egyptian banking sector.

In an achievement that embodies the efforts of development and institutional transformation, the Industrial Development Bank has won the "Excellence and Banking Achievement Award for Restructuring and Development for 2025," granted by the Union of Arab Bankers, during the Excellence Awards Ceremony held on the evening of Friday, July 18, 2025, in the Lebanese capital, Beirut.

Industrial Development Bank announced an increase in its issued and paid-up capital from EGP 500 million to EGP 5 billion, in compliance with the requirements of the Central Bank of Egypt’s regulations. This move also involved raising Banque Misr’s share in the Industrial Development Bank’s capital to reach 85.04%.

The Industrial Development Bank has joined a banking consortium to finance the Palm Urban Development Company’s project in New October City, with a total value of EGP 10.3 billion. This step comes as part of the bank’s commitment to supporting various projects that contribute to achieving sustainability.

Dr. Maya Morsy, Minister of Social Solidarity, met with Mennan Awadallah, Deputy Chief Executive Officer of the Industrial Development Bank, at the headquarters of the Ministry of Social Solidarity in the New Administrative Capital.

Hussein Refai, CEO and Managing Director of the Industrial Development Bank (IDB), affirmed that the bank’s participation in financing Palm Hills Development comes within the framework of its strategy to support national projects that contribute to enhancing economic growth and creating new job opportunities.

The Industrial Development Bank has granted a bridge loan worth EGP 900 million to Tasheel for Finance, a leading microfinance company in Egypt and one of the companies under the MNT-Halan Group. This new step reaffirms the bank’s commitment to supporting the national economy

Hussein Refai, CEO and Managing Director of the Industrial Development Bank (IDB), stated during the opening of the annual conference on private sector participation, held under the theme "The Latest Economic Developments and the Way Forward," that the banking sector is one of the most active sectors in keeping pace with technological advancements, particularly during the COVID-19 period.

Hussein Refai, CEO of the Industrial Development Bank, stated that the Central Bank of Egypt is making great efforts to support economic stability and is working diligently toward this goal.

Five banks fully covered Beltone Leasing and Factoring’s securitization issuance, valued at approximately EGP 1.33 billion. These banks are the National Bank of Egypt, Banque du Caire, First Abu Dhabi Bank, Suez Canal Bank, and the Industrial Development Bank, according to sources from Al Borsa.

The Industrial Development Bank (IDB), together with the National Bank of Egypt, Banque Misr, and eight other banks, announced the provision of a joint financing facility worth EGP 50 billion in favor of the Social Housing and Mortgage Finance Fund

The Industrial Development Bank (IDB) has won the award for "Best Strategic Restructuring and Development Plan in Egypt for 2024" from the Union of Arab Bankers.

The Commercial International Bank (CIB) announced that it is leading a banking consortium comprising seven banks, acting as the Lead Arranger and Bookrunner, to arrange a syndicated loan of EGP 9 billion for a term of seven and a half years in favor of Madinat Masr for Housing and Development, one of the leading companies in the Egyptian real estate development sector.