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…
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National Bank of Egypt
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…
Egypt, Russia, UAE to sign deal on joint investment fund tomorrow
Egypt, Russia, and UAE will sign in Cairo Tuesday an agreement to establish a tripartite investment fund, Egyptian…
Egypt’s National Bank seals $700 million finance from China Development Bank
Egypt’s state bank giant, National Bank of Egypt (NBE) has signed Thursday a $700 million financial facility from…
Egypt’s National Bank applies for Yuan licence
National Bank of Egypt (NBE), the country’s largest state bank, is seeking a licence to conduct local-currency…
Egypt’s central bank may float United Bank, Arab Investment Bank: sources
United Bank of Egypt and Arab Investment Bank are likely the two state banks which the central bank plans to offer…
