Banks NBE closes Egypt’s largest securitized bond offering for NUCA Ahmed Ali Jul 22, 2020 0 The National Bank of Egypt (NBE), the country's biggest state lender, has succeeded in closing Egypt's largest…
Money NBE offers to buy minority stake in Raya’s Aman Holding Amwal Al Ghad English Jul 19, 2020 0 The National Bank of Egypt (NBE) has submitted an offer to Raya Holding to purchase a 20-25 percent stake in its…
Money Orient Takaful, National Bank of Egypt deal to facilitate installment payments from… Eslam Abdelhameed Jun 25, 2020 0 Orient Takaful Insurance – Egypt signed a deal with the state-run National Bank of Egypt to facilitate payment of…
Money EgyptAir eyes EGP 3 billion loan from two state lenders to weather coronavirus crisis Amwal Al Ghad English Jun 17, 2020 0 Egypt’s national carrier EgyptAir is seeking a 3 billion Egyptian pound ($185 million) loan to help it weather the…
Money EBRD approves $100 mln financial package to NBE for SMEs in Egypt Ahmed Ali Jun 15, 2020 0 The European Bank for Reconstruction and Development (EBRD) has approved a $100 million financing package for the…
Tech/AI EgyptAir aims to get new loan from two Egyptian banks – CEO Amwal Al Ghad English Jun 9, 2020 0 State-owned carrier, EgyptAir is negotiating with the National Bank of Egypt and Banque Misr to obtain an 3 billion…
Money Egypt’s state banks collect $10.5bn from high-yield savings product –… Amwal Al Ghad English Jun 7, 2020 0 Egypt’s two biggest state-owned banks have collected 171 billion Egyptian pounds ($10.5 billion) from a new…
Money Exclusive: Shares of banks in Egypt’s Madinet Nasr for Housing loan Ahmed Ali May 10, 2020 0 A consortium of three banks agreed on Thursday to provide Egypt’s Madinet Nasr for Housing and Development (MNHD) a…
Money National Bank of Egypt leads banking consortium to provide €30 million loan to Midor Ahmed Ali May 6, 2020 0 The National Bank of Egypt (NBE), the country's biggest state lender, is leading a banking consortium to arrange a…
Banks NBE denies cancelling 15% yield certificates after launching new Ahmed Ali Apr 29, 2020 0 The National Bank of Egypt (NBE) continues to offer the new 15 percent annual yield savings certificates, despite…