Egypt’s NBE says 9-month pre-tax profits of EGP 89.104b
Egypt's biggest state-run lender, the National Bank of Egypt (NBE) reported profits before tax of 89.104 billion…
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National Bank of Egypt (NBE)
Egypt’s top state lenders issue new certificates of deposit with up to 27% yield
Egypt’s two biggest state lenders, the National Bank of Egypt and Banque Misr have issued on Thursday new…
Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023
State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first half (H1)…
Sunday’s transactions saw stable dollar exchange rate vs Egypt pound
The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
European Bank loans National Bank of Egypt $100 mln
The European Bank for Reconstruction and Development (EBRD) announced a new loan of $100 million to the National…
Egypt’s ENR seeks to secure EGP6 bln before year-end: sources
State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
AIIB’s investment portfolio in Egypt reaches $1.3bln since 2016
The Asian Infrastructure Investment Bank’s (AIIB) development cooperation portfolio in Egypt has reached a total…
Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
ADEX inks $100mln of line credit deal with Egypt’s NBE
Abu Dhabi Exports Office (ADEX) has signed a revolving loan facility of $100 million with the National Bank of…
Egypt to sell stake in Banque Misr in 2024
Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…