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Banks
Banque Du Caire To Join Consortium Financing South Helwan Power Plant
Banque Du Caire plans to join a consortium as one of the main arrangers of the EGP 3 billion loan arranged by the…
NBE Signs Agreement To Finance Al-Watania Poultry With EGP 200 Mln
The National Bank of Egypt (NBE) signed the definitive agreement of the EGP 200 million loan offered to Al-Watania…
CBE Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) offers on Thursday US$ 40 million to local banks at its 40th FX auction and the…
Hisham Ezz El-Arab Named FEB Chairman, Succeeding Tarek Amer
Hisham Ezz El-Arab, managing director of the Commercial International Bank (CIB), has been named the chairman of…
NBE Finances 300 Hotels To Use Green Electrical Energy
The National Bank of Egypt (NBE) targets to finance 300 hotels in Red Sea to use green electrical energy instead of…
Ahli United Bank Issued LCs And LGs Worth EGP 4.3 Bln During Jan-Feb
Ahli United Bank issued letters of credit and guarantee worth EGP 4.357 billion in January and February. Sources…
CBE Offers US$ 40 Mln To Local Banks At FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks at its 39th FX auction and the 23rd one since…
Al Hilal Islamic Banking Board Meetsa
An expanded meeting for al Hilal Islamic Banking Sharia Supervisory Board was held recently at ahlibank's head…
Banks Don’t Decline To Finance Real Estate Sector
Despite the low value of finance offered to the real estate sector in the last two years by local banks in Egypt…
Banque Misr Provides Tax, Tariff E-Payment Service
Banque Misr is offering now the electronic payment of taxes and tariffs service through its 285 branches spread…