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Banks
BADEA Grants NBE US$10 Mln To Finance Arab Exports To African Countries
The Arab Bank for Economic Development in Africa (BADEA) and the National Bank of Egypt (NBE) signed a US$10…
NBE Disburses Yellow Remittances Worth EGP 463 Mln
The National Bank of Egypt (NBE) disbursed EGP 463 million worth of 121,800 yellow remittances as of February…
Samcrete Egypt Seeks Receiving Letter of Guarantee Worth EGP 400 Mln
Samcrete Egypt Engineers & Contractors (SMCS.CA SMCSA.CA) has asked banks in Egypt to provide it with letter of…
CBE Offers US$ 40 Mln To Local Banks At Its 20th FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks so as to address dollar shortage at the…
Industrial Development Bank To Settle Bad Debts Worth EGP 500 Mln In 2013
The Industrial Development and Workers Bank of Egypt targets to sign debt settlement agreements worth EGP 500…
NSGB, Faisal Bank Join Consortium Funding South Helwan Power Plant
National Société Générale Bank (NSGB) and Faisal Islamic Bank of Egypt have joined the banking consortium,…
QNB Group Ranked Among World’s Top 500 Banking Brands
QNB Group, the leading financial institution in Qatar and the Middle East and North Africa (Mena) region, has…
Bank Sohar Announces Completion Of Rights Issue
The final subscription of Bank Sohar rights issue have been approved by Capital Market Authority on February 6,…
NBAD Ranked 2nd In “Top 10” Companies
The National Bank of Abu Dhabi (NBAD) , the Number One Bank in the UAE, has been ranked second place in "Top 10 Abu…
Al Watany Bank of Egypt’s Loan Portfolio Hit EGP 7.2 Bln At End-2012
Al Watany Bank of Egypt (AWB) portfolio of loans and credit facilities witnessed a slight increase of EGP 122.4…