Siemens requesting Letters of Guarantees for Egypt Power Projects
German industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian…
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National Bank of Egypt
Siemens seeks $917mln-loan to implement 3 Power Plants in Egypt
German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks working in the…
NBE, International Financing Organizations negotiate to supply SMEs with $175m
National Bank of Egypt (NBE) is currently negotiating with three international financing organizations to get…
Egypt’s National Bank records 25% Rise in 6-month Profit before Tax
Egypt's biggest state-run bank, the National Bank of Egypt (NBE) reported a 25 percent growth in profit before…
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
Moody's Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks.…
S&P raises Ratings for 3 Egyptian Banks – Paper
Global ratings agency Standard & Poor’s upgraded the long-term credit ratings on three major Egyptian banks;…
EXCLUSIVE: Banks offer Multi-billion pounds Loan to Fund Egypt Power Plant
A new banking consortium, involving two of Egypt’s biggest public banks, plans to secure a multi-billion Egyptian…
National Bank of Egypt mulls arranging New Loan for Oil Sector
The National Bank of Egypt (NBE) is studying arranging a funding worth US$1 billion for one of the state-run oil…
UAE Al Habtoor holds talks with Egypt’s key state-run Bank on Investments
The chairman of the UAE-based Al Habtoor Group has met with key officials from Egypt’s largest state-run bank, the…
Egypt’s Biggest Bank takes part in Funding First Monorail in the Country
Egypt’s biggest state-run bank, the National Bank of Egypt (NBE) has obtained initial approval to take part in…
