The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, …
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NBE
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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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BanksEgypt NewsFeatureMoneyNews
Egypt’s NBE says 9-month pre-tax profits of EGP 89.104b
by Nada Aliby Nada AliEgypt’s biggest state-run lender, the National Bank of Egypt (NBE) reported profits before tax of 89.104 billion …
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BanksEgypt NewsFeatureNews
Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023
by Nada Aliby Nada AliState-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first …
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BanksEgypt NewsFeatureNewsTech/AI
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 InstitutionsIndustry & TradeNewsTech/AI
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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BanksFeatureIndustry & TradeMENA NewsNewsTech/AI
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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