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…
Financial Institutions Egypt’s FRA launches dollar-based pension plan for expatriates Nada Ali Aug 15, 2023 0 Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…
Egypt News Egypt’s exports of engineering industries exceed $2 bln in H1 of 2023 Nada Ali Aug 6, 2023 0 Egypt's exports of engineering industries rose slightly in the first half of 2023 by an increase of one percent,…