Banks National Bank of Egypt Settles EGP700mn Default Loans for 5 Clients Yomna Yasser Dec 13, 2014 0 The National Bank of Egypt (NBE) has recently concluded agreements with a number of distressed clients, to settle…
Banks ABA, National Bank of Egypt Negotiate over EGP20mn Finance for Micro Projects Salma Ayman Dec 6, 2014 0 Alexandria Businessmen Association (ABA) is seeking to obtain finance stimulus from the National Bank of Egypt…
Banks Egypt: 140 Central Bank, State-owned Banks’ Officials Recently Resign Yomna Yasser Dec 4, 2014 0 In Egypt, around 140 officials of the central bank and other major state-owned banks; National Bank of Egypt,…
Banks Egypt’s Biggest Lender Mulls Financing Majid Futtaim’s Upcoming Expansions Yomna Yasser Dec 1, 2014 0 Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is studying funding UAE Majid Al-Futtaim’s…
Tech news Vodafone Egypt to Impose 1% Fees on Vodafone Cash Services by December Salma Ayman Nov 30, 2014 0 Vodafone Egypt starts to impose new fees on Vodafone cash services by 1% from the beginning of the next month which…
Banks Banks to Arrange $1.5bn Loan for Egypt to Repay Foreign Energy Firms Yomna Yasser Nov 29, 2014 0 HSBC, National Bank of Egypt, and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated loan to Egypt's…
Banks Egypt’s Biggest Lender Mulls $900mn Finances for Electricity, Transport Sector Yomna Yasser Nov 26, 2014 0 Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is in ongoing talks to pump US$900 million in…
Banks Egypt’s Biggest Lender Plans EGP10bn Finances for Contracting Sector Yomna Yasser Nov 25, 2014 0 Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) will allocate around EGP10 billion (US$ 1.4…
Industry & Trade Egypt’s El Sewedy Electric to Borrow US$500mn for Power Plant Salma Ayman Nov 24, 2014 0 El Sewedy Electric (SWDY) is negotiating with a number of banks working in Egypt to borrow $500 million, said…
Industry & Trade Egypt’s NileIT to Upgrade Sudan Bourse’s Technological Structure Yomna Yasser Nov 22, 2014 0 Egypt’s Nile Information Technology and Dissemination (NileIT) will sign a protocol on cooperation with Khartoum…