State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first …
National Bank of Egypt (NBE)
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forex newsThe Watch
Sunday’s transactions saw stable dollar exchange rate vs Egypt pound
by Aya Anwarby Aya AnwarThe start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian …
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European Bank loans National Bank of Egypt $100 mln
by Nada Aliby Nada AliThe European Bank for Reconstruction and Development (EBRD) announced a new loan of $100 million to the …
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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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ADEX inks $100mln of line credit deal with Egypt’s NBE
by Nada Aliby Nada AliAbu Dhabi Exports Office (ADEX) has signed a revolving loan facility of $100 million with the National …
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Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s …
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The National Bank of Egypt (NBE), the country’s largest public lender, posted pretax profit of 71 billion …
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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 …