Banks National Bank of Egypt mulls $225mn loan to support ports sector Yomna Yasser Mar 28, 2016 0 National Bank of Egypt, the biggest state-owned bank, is studying arranging a 2 billion Egyptian pounds ($225.2…
Banks 3 state banks raise rates on deposits after Egypt c.bank move Yomna Yasser Mar 21, 2016 0 Three state banks have raised prices on returns, in response to the Central Bank of Egypt’s (CBE) decision to raise…
Banks Egypt’s NBE allocates $33mn for car manufacturing company aya salah Mar 19, 2016 0 National Bank of Egypt (NBE), the country’s largest state bank, has granted funds of 300 million Egyptian pounds…
forex news Foreign, Arab currencies vs Egyptian pound at early trade Yomna Yasser Mar 16, 2016 0 Ahead of the Egyptian central bank’s Wednesday exceptional foreign exchange auction, Arab and foreign currencies…
Banks Egypt’s state bank giant NBE profit up 36% in FY14/15 Yomna Yasser Mar 15, 2016 0 National Bank of Egypt (NBE), the country’s largest state bank, reported a 36 percent rise in profit in the…
forex news Arab, foreign currencies record jump against Egyptian pound Yomna Yasser Mar 14, 2016 0 Arab and foreign currencies have soared against the Egyptian pound on Tuesday following a decision adopted by…
Banks NBE: US Dollar records 8.95 Egyptian pounds Yomna Yasser Mar 14, 2016 0 The value of the US dollar has recorded 8.90 Egyptian pounds for purchase and 8.95 pounds for sale, the head of the…
Banks Egypt’s 3 top lenders issue euro-dominated debt certificates for Egyptians abroad Yomna Yasser Mar 12, 2016 0 Egypt's three largest state-owned banks have issued Saturday euro-denominated debt certificates for Egyptians…
Banks Two banking consortia offer $325 million for Egypt’s Assiut refinery Yomna Yasser Mar 5, 2016 0 The state-run Egyptian General Petroleum Corporation (EGPC) has received two banking offers to secure around $325…
Financial Institutions Moody’s: Egypt’s USD certificates ‘positive’, but ‘insufficient to quell liquidity… Yomna Yasser Mar 5, 2016 0 The sale of US certificates for sale to Egyptian expatriates will increase the three government-owned banks’ dollar…