National Bank of Egypt 2022 pretax profit at EGP 17 billion
The National Bank of Egypt (NBE), the country’s largest public lender, posted pretax profit of 71 billion Egyptian…
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National Bank of Egypt (NBE)
Egyptian banks, firms inject EGP 61.46bn in low-income mortgage initiative
Egypt’s Social Housing and Mortgage Finance Fund has revealed in a recent report on Sunday that banks and companies…
Egypt’s FRA launches dollar-based pension plan for expatriates
Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…
Egypt’s exports of engineering industries exceed $2 bln in H1 of 2023
Egypt's exports of engineering industries rose slightly in the first half of 2023 by an increase of one percent,…
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…
Egypt new ‘highest interest ever’ dollar savings certificates
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have on July 26 issued two types…
FACTBOX: National Bank of Egypt new USD savings certificates
On July 26, Egypt’s largest state lender, the National Bank of Egypt (NBE) has issued two dollar-dominated…
MIGA mulls $100 million guarantee to EBRD to back Egypt trade finance
Two of Egypt’s largest state banks may become the latest recipient of the World Bank-member Multilateral Investment…
Egypt’s NBE leaves board membership in Sharm Dreams
The National Bank of Egypt (NBE) stepped down from its role as a board member in Sharm Dreams Company for Touristic…
Egypt’s pound stable exchange prices on Sunday
The Egyptian pound started this week’s trading sessions maintaining its position against the dollar. Stable prices…