Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
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National Bank of Egypt
Egypt’s National Bank says SME portfolio jumped 470% in 5 years
The National Bank of Egypt, the country’s largest commercial bank, recorded a 470 percent growth in its SMEs…
EBRD launches programme to empower Egyptian businesswoman
The European Bank for Reconstruction and Development (EBRD) has launched Monday a programme looking to empower…
Egypt’s National Bank says deposits skyrocket to half trillion pounds
National Bank of Egypt's (NBE) deposits portfolio jumped to around a half a trillion Egyptian pounds (US$63.8…
Six global lenders eye financing Egypt top refinery Midor’s expansion scheme
Six foreign lenders are bidding to finance a project to upgrade Egypt's state-owned Middle East Oil Refinery…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
AfDB in talks with NBE, CIB to fund trade, SMEs in Egypt
The African Development Bank (AfDB) is in talks with two major Egyptian banks to finance small businesses and trade…
NBE assets hit $66.4bn end-June
The National Bank of Egypt's (NBE) assets portfolio hit 520 billion Egyptian pounds (US$66.4 billion) at the end of…
Egyptian pound vs global currencies at Sunday’s early trade
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
