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…
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National Bank of Egypt (NBE)
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…
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…
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…
