Banks Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023 Nada Ali Jan 3, 2024 0 State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first half (H1)…
The Watch Sunday’s transactions saw stable dollar exchange rate vs Egypt pound Aya Anwar Dec 31, 2023 0 The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
Banks European Bank loans National Bank of Egypt $100 mln Nada Ali Dec 21, 2023 0 The European Bank for Reconstruction and Development (EBRD) announced a new loan of $100 million to the National…
Banks Egypt’s ENR seeks to secure EGP6 bln before year-end: sources Nada Ali Oct 3, 2023 0 State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
Banks AIIB’s investment portfolio in Egypt reaches $1.3bln since 2016 Nada Ali Sep 25, 2023 0 The Asian Infrastructure Investment Bank’s (AIIB) development cooperation portfolio in Egypt has reached a total…
Banks Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources Nada Ali Sep 18, 2023 0 The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
Banks ADEX inks $100mln of line credit deal with Egypt’s NBE Nada Ali Sep 6, 2023 0 Abu Dhabi Exports Office (ADEX) has signed a revolving loan facility of $100 million with the National Bank of…
Money Egypt to sell stake in Banque Misr in 2024 Sama Mousa Sep 5, 2023 0 Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Money National Bank of Egypt 2022 pretax profit at EGP 17 billion Amwal Al Ghad English Aug 22, 2023 0 The National Bank of Egypt (NBE), the country’s largest public lender, posted pretax profit of 71 billion Egyptian…
Real Estate Egyptian banks, firms inject EGP 61.46bn in low-income mortgage initiative Nada Ali Aug 16, 2023 0 Egypt’s Social Housing and Mortgage Finance Fund has revealed in a recent report on Sunday that banks and companies…