Egypt’s Suez Canal negotiating €300 mln loan from two state-run banks
Egypt’s Suez Canal Authority is negotiating a €300 million ($352 million) loan from two state-run banks to buy two…
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National Bank of Egypt
Banks offer €133 mln loan to Egypt’s Abu Abu Qir Fertilizers
Six banks are putting together a financing offer of €133 million ($158.7 million) for Egypt’s state-run major…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
NBE bank secures 12 bln pounds for Egypt’s SME projects
Egypt’s biggest lender, the state-owned National Bank of Egypt says it has pumped 12 billion Egyptian pounds ($675…
Raya IT to sign data centre capacity deal with 4 Egyptian banks this year
Egypt’s Raya Information Technology, a subsidiary of Raya Holding, is planning this year to enter into a…
Telecom Egypt in talks with banks for dollar tranche of the 4G loan
Egypt’s state-owned landline monopoly Telecom Egypt is negotiating a $180 million tranche of a loan worth 13…
NBE, Banque Misr: high-yield deposit certificates raise 445bn pounds in 8 months
Egypt’s two biggest state-owned banks, the National Bank of Egypt and Banque Misr have received around 445 billion…
National Bank of Egypt NPLs hit 8 bln pounds
Egypt’s biggest lender, the state-owned National Bank of Egypt says its non-performing loans (NPLs) had risen to 8…
NBE bank earmarks 300m Egyptian pounds for scientific research, scholarships
Egypt’s biggest lender, the state-owned National Bank of Egypt has signed Thursday a cooperation protocol to put…
Al-Ahly wins mandates for two financial portfolios of 400mn Egyptian pounds
The investment arm of Egypt’s biggest state lender National Bank of Egypt, National Fund Management Company…
