Egypt banks commit 3 bln pounds to CSR projects: official
Banks in Egypt have contributed around 3 billion Egyptian pounds ($165.8 million) to corporate social…
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National Bank of Egypt H1 net profit grows 4%
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) reported Thursday a 4 percent rise in its net…
Federation of Egypt Banks earmarks 100 mln pounds for slum scheme – Phase II
The Federation of Egyptian Banks is allocating 100 million Egyptian pounds ($5.5 million) for the second phase…
World Bank delegation to visit Egypt in first week of June
A delegation from the World Bank Group will visit Egypt in the first week of June, Egyptian Minister of Investment…
Egypt to have share in China led AIIB’s $10-15 billion annual financing: official
The Asian Infrastructure Investment Bank (AIIB) will lend between $10 billion and $15 billion annually to finance…
Egypt negotiating $500 mln Upper Egypt development loan from World Bank
Egypt is negotiating a $500 million loan from the World Bank to finance development schemes in Upper Egypt region.…
Egypt unexpectedly hikes key interest rates by 200 basis points
Egypt’s central bank has raised on Sunday its key interest rates by 200 basis points during a meeting of its…
Egypt’s AAIB bank negotiating $110 million loans from EBRD, SANAD Fund
Egypt’s Arab African International Bank (AAIB) is currently negotiating loans worth $110 million with two…
Egypt’s AAIB bank negotiating dollar loan from EBRD
Egypt’s Arab African International Bank (AAIB) is negotiating dollar-dominated loans from some international…
Egypt c.bank to issue local treasury bills of 12.2 bln pounds on Sunday
Egypt’s central bank will issue on Sunday, on behalf of Finance Ministry, treasury bills totalling 12.2 billion…