The exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have …
National Bank of Egypt
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Moody’s reveres outlook of 5 Egyptian banks’ to positive
by Aya Anwarby Aya AnwarMoody’s Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative to …
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The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 …
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The National Bank of Egypt (NBE) has issued on Wednesday new three-year certificate of deposit (CD) with …
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Egypt’s currency FX rate hits 46.45 against dollar
by Nada Aliby Nada AliEgypt’s pound currency weakened on Wednesday to a new low of 46.45 Egyptian pounds against the US …
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Egypt’s ENR seeks to secure EGP6 bln before year-end: sources
by Nada Aliby Nada AliState-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this …
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BanksEgypt NewsFeatureFinancial InstitutionsNewsTech/AI
AIIB’s investment portfolio in Egypt reaches $1.3bln since 2016
by Nada Aliby Nada AliThe Asian Infrastructure Investment Bank’s (AIIB) development cooperation portfolio in Egypt has reached a total investment of …
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Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
by Nada Aliby Nada AliThe General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from …
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Egyptian banks, firms inject EGP 61.46bn in low-income mortgage initiative
by Nada Aliby Nada AliEgypt’s Social Housing and Mortgage Finance Fund has revealed in a recent report on Sunday that banks …
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The National Bank of Egypt (NBE) stepped down from its role as a board member in Sharm …