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Banks
Banks Financing South Helwan Power Plant Extend Loan Period To 12 Years
Upper Egypt Electricity Production Company asked the banks, which submitted an offer to finance South Helwan Power…
World Bank’s New Country Director Arrives in Cairo
World Bank's newly appointed Country Director for Egypt, Yemen and Djibouti, Hartwig Schafer has arrived in Cairo…
NBD Shuts Down Main Branch In Simon Bolivar On Violent Clashes
The National Bank for Development (NBD) has closed its main branch nearby to Simon Bolivar Square today because of…
Finance Ministry Sells 91-, 273-Day T-Bills Worth EGP 5.5 Bln
The Egyptian Ministry of Finance sold 91-and 273-day treasury bills worth EGP 5.5 billion on Sunday. The Ministry…
Bankers Differ On Exempting Sukuk From Taxes
Banking experts have differed on article no.23 of sukuk bill currently discussed at the Shura Council (upper house…
NBE Signed 3 Finance Contracts Worth EGP 480 Mln With SFD
The National Bank of Egypt (NBE) signed three finance contracts worth EGP 480 million with the Social Fund for…
NBE Steps Up Security Measures On Potential Violence In Tahrir
The National Bank of Egypt (NBE) has stepped up security measures at his branches nearby to Downtown and Tahrir…
Finance Ministry Sells 182-, 364-Day T-Bills Worth EGP 6.5 Bln
The Egyptian Ministry of Finance sold 182- and 364-day treasury bills worth EGP 6.5 billion on Thursday. The…
Blom Bank Egypt’s Loans Hit EGP 2.8 Bln At End-2012
Blom Bank Egypt’s portfolio of loans and credit facilities surged 4.5% (EGP 122.3 million) to reach EGP 2.8 billion…
Agricultural Credit Bank To Offer EGP 100 Mln Islamic Micro-Enterprise Finances
The total value of Murabaha finances offered by the Principal Bank for Development and Agricultural Credit (PBDAC)…