National Bank of Egypt Settles EGP700mn Default Loans for 5 Clients
The National Bank of Egypt (NBE) has recently concluded agreements with a number of distressed clients, to settle…
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National Bank of Egypt
ABA, National Bank of Egypt Negotiate over EGP20mn Finance for Micro Projects
Alexandria Businessmen Association (ABA) is seeking to obtain finance stimulus from the National Bank of Egypt…
Egypt: 140 Central Bank, State-owned Banks’ Officials Recently Resign
In Egypt, around 140 officials of the central bank and other major state-owned banks; National Bank of Egypt,…
Egypt’s Biggest Lender Mulls Financing Majid Futtaim’s Upcoming Expansions
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is studying funding UAE Majid Al-Futtaim’s…
Vodafone Egypt to Impose 1% Fees on Vodafone Cash Services by December
Vodafone Egypt starts to impose new fees on Vodafone cash services by 1% from the beginning of the next month which…
Banks to Arrange $1.5bn Loan for Egypt to Repay Foreign Energy Firms
HSBC, National Bank of Egypt, and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated loan to Egypt's…
Egypt’s Biggest Lender Mulls $900mn Finances for Electricity, Transport Sector
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is in ongoing talks to pump US$900 million in…
Egypt’s Biggest Lender Plans EGP10bn Finances for Contracting Sector
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) will allocate around EGP10 billion (US$ 1.4…
Egypt’s El Sewedy Electric to Borrow US$500mn for Power Plant
El Sewedy Electric (SWDY) is negotiating with a number of banks working in Egypt to borrow $500 million, said…
Egypt’s NileIT to Upgrade Sudan Bourse’s Technological Structure
Egypt’s Nile Information Technology and Dissemination (NileIT) will sign a protocol on cooperation with Khartoum…
