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NBE Encourages Hotels To Shift To Green Energy: Zazou
The Egyptian Minister of Tourism, Hesham Zazou, has discussed with the National Bank of Egypt (NBE) the possible…
NBE Allocates EGP 1 Bln For Industrial Pollution Abatement Project Phase III
The National Bank of Egypt (NBE) has allocated EGP one billion to the third phase of the industrial pollution…
CIB Signs EGP 100 Mln Deal With SFD To Finance Micro-enterprises
The Commercial International Bank (CIB) has signed a finance contract worth EGP 100 million with the Social Fund…
Egypt’s Central Bank Offers US$ 40 Mln At Monday’s FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks at its first forex auction this week.…
Morgan Stanley Sells India Wealth Management Unit
Morgan Stanley MS +2.48% Monday said it is selling its Indian wealth management business to Standard…
Egyptian Banking Officials Protest New Loan Loss Provision Tax
A recent decision by Egypt's Shura Council to amend banking regulations increasing the tax burden on the nation's…
NBE Launches New Branch In Sheikh Zayed City Today
The National Bank of Egypt (NBE) inaugurates today a new branch in Sheikh Zayed City, raising the number of its…
Agricultural Credit Bank Pays EGP 2.4 Bln For 912,000 Tons Of Wheat
Alaa Samaha, chairman of Principal Bank for Development and Agricultural Credit, said that wheat storehouses are…
Barwa Bank Group Board of Directors holds its meeting
A presentation from the Executive Management on the bank’s current performance and future growth plans Doha, May…
Standard Chartered Hosts Financial Institutions Trade Finance Seminar
Standard Chartered 's Transaction Banking team organized a first-of-a-kind Trade Finance Seminar for financial…