NBE: US Dollar records 8.95 Egyptian pounds
The value of the US dollar has recorded 8.90 Egyptian pounds for purchase and 8.95 pounds for sale, the head of the…
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National Bank of Egypt
Egypt’s 3 top lenders issue euro-dominated debt certificates for Egyptians abroad
Egypt's three largest state-owned banks have issued Saturday euro-denominated debt certificates for Egyptians…
Two banking consortia offer $325 million for Egypt’s Assiut refinery
The state-run Egyptian General Petroleum Corporation (EGPC) has received two banking offers to secure around $325…
Moody’s: Egypt’s USD certificates ‘positive’, but ‘insufficient to quell liquidity…
The sale of US certificates for sale to Egyptian expatriates will increase the three government-owned banks’ dollar…
National Bank of Egypt receives China Development Bank’s $700mn loan
Egypt’s biggest state-run National Bank of Egypt (NBE) has received a $700 million loan from the China Development…
Egypt’s three state bank giants offer USD certificates to lure expat dollars
Egypt's "Belady" dollar denominated certificate will be offered to Egyptians living abroad by three state-owned…
Egypt’s National Bank injects $2.5mn to float debts of paper firm
The National Bank of Egypt (NBE) has pumped 20 million Egyptian pounds (US$2.5 million) to float the debts of a…
National Bank of Egypt subsidiary says quits bid to buy CI Capital
National Bank of Egypt's investment banking arm, Al Ahly Capital (ACH) decides to drop its bid to buy CIB…
Egypt’s National Bank funds SMEs with $2.4bn in 2015
Egypt’s state bank, National Bank of Egypt (NBE) announced Saturday that it has provided 19 billion Egyptian pounds…
Egypt’s two state bank giants sign MoU with Russian Fund
Egypt’s state-run bank giants, National Bank of Egypt (NBE) and Banque Misr (BM) signed Tuesday a memorandum of…
