Egypt’s pound falls to EGP 24.65 against dollar in some banks
Egypt’s pound currency fell to EGP 24.59 against the U.S. dollar for buying and EGP 24.54 for sale at banks on…
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National Bank of Egypt (NBE)
National Bank of Egypt says H1 net profit at EGP 14.103 billion
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Wednesday net profit of 14.103…
AFD signs €150 million loan deal with Egypt’s NBE, Banque Misr, Banque du Caire
The French Development Agency (AFD) announced on Saturday the signing of loan and grant agreements totalling €150…
Egypt state banks to sign MSME climate financing deals with AFD, EU at COP27
Egypt's three biggest state-owned banks will sign on Thursday at the UN climate summit COP27 a joint agreement with…
Egypt’s NBE says new high-yield CDs raise 12 bln pounds in 3 days
The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding…
National Bank of Egypt to offer three-year certificate of deposit at 17.25%
The National Bank of Egypt (NBE), the largest state-run lender, will offer a three-year certificate of deposit at…
Egypt’s National Bank assets jump to $169 billion in Q1 of 2022
The National Bank of Egypt (NBE), the country’s largest bank says total assets hit 3.33 trillion Egyptian pounds…
MasterCard invests in Nclude to enhance Egypt’s fintech ecosystem
Egypt based fintech Venture Capital (VC) investment platform Nclude has raised undeclared investments from…
AFD to sign €153.2mn with Egypt’s NBE, Banque Misr, Banque du Caire at COP27
The French Development Agency (AFD) is earmarking a financing package worth up to €153.2 million ($149.2 million)…
Egypt’s Aman aims to expand financial services across Saudi Arabia, Nigeria
Egyptian FinTech firm Aman Group, which is owned by Raya Holdings and the National Bank of Egypt (NBE), announced…