Informal sector contributes 50-70% of Egypt’s GDP: NBE chief
The informal economy makes up between 50 percent and 70 percent of Egypt’s GDP, the head of one of the largest…
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Hesham Okasha
NBE bank earmarks 300m Egyptian pounds for scientific research, scholarships
Egypt’s biggest lender, the state-owned National Bank of Egypt has signed Thursday a cooperation protocol to put…
Afreximbank, NBE sign $300 mln facility to support Egypt industrialization
The African Export-Import Bank (Afreximbank) has provided Egypt’s largest public lender National Bank of Egypt…
EIB Inks €392 mln Contracts to Finance Projects in Egypt
The European Investment Bank (EIB) signed on Wednesday finance contracts with Egypt for an amount of 187 million…
NBE To Launch New Branch In Juba By 2013
The National Bank of Egypt (NBE) will inaugurate a new branch in Juba, South Sudan with a capital of US$ 30 million…
