Egypt-UAE currency swap deal eases hard currency crunch: IDB chair
Egypt’s recent $1.4 billion currency swap agreement with the UAE is one of the unconventional major solutions to…
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Industrial Development Bank
Saudi grants EGP1.5 bn to 3,524 projects in Egypt – minister
Egypt’s Minister of International Cooperation Rania Al-Mashat said on Tuesday that total funds presented by the…
NBE leads major loan to build campuses for European universities in Egypt
The National Bank of Egypt (NBE), the country’s largest public lender, has led a 962 million Egyptian pound ($61.2…
IDB pumps EGP 2.1bn into 205 factories among its initiative
Egypt's state-run Industrial Development Bank has offered funding of about 2.1 billion Egyptian pounds to 205 among…
Egypt’s Industrial Development bank achieves profits of EGP 512m in 2019
Egypt's state-run Industrial Development bank (IDB) achieved profits of 512 million Egyptian pounds, before taxes,…
Egypt’s Industrial Development bank performing loans rise 38% 2019-end
Egypt’s state-run Industrial Development bank (IDB) said on Saturday its performing and non-performing loans…
Egypt’s IDB bank 10-month profits grow to almost half billion pounds
Egypt’s state-run Industrial Development Bank (IDB) has made a higher profit in October up to 435 million Egyptian…
Egypt’s IDB to sign EGP500mln agreement as part of CBE’s mortgage initiative
Egypt's Industrial Development Bank seeks to sign an agreement with the Social Housing And Mortgage Finance Fund…
Egypt’s Industrial Development Bank finances 167 plants with $60.2mn
Egypt's state-owned Industrial Development and Workers Bank (IDWBE) has offered finances of 1 billion Egyptian…
Industrial Development bank launches an initiative to finance 1,000 factories
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) announced that the bank launched an initiative to…