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…
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National Bank of Egypt
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…
Two major banks mulling listing on Egypt bourse: c.bank chief
Egypt’s central bank is considering listing shares in two major banks on Cairo bourse, chief Tarek Amer announced…
Moody’s lauds Egypt’s new measures to limit consumer loans
The international credit agency Moody's said Monday that the Central Bank of Egypt's (CBE) recent measures – which…
CIB arranged offering $306 million securitization bonds in Egypt in 2015
Commercial International Bank (CIB), Egypt’s biggest private bank, arranged and took part in offering…
NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units
The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
Egypt’s National Bank secures $46.6mn for defaulting industrial sector clients
National Bank of Egypt, the country’s biggest state-run bank, is offering new credit facilities worth 365 million…
Egypt’s NBE eyes retail portfolio to hit $5bn end-June
The retail banking portfolio of Egypt's biggest state-run bank National Bank of Egypt (NBE) has been boosted to…
