AfDB Lends NBE, CIB Egypt $215 million
Egypt’s biggest state-owned National Bank of Egypt (NBE) has recently received a financing worth around US$200…
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National Bank of Egypt
NBE Considering New Finance for Petroleum Sector worth EGP700mn
An official Banking source revealed that the National Bank of Egypt (NBE) is considering financing EGP200 million…
NBE Considers Pumping EGP3.5bln Credit Facilities for Sugar, Cotton Sectors
National Bank of Egypt (NBE) is considering pumping credit facilities in favor of Cotton and sugar sectors with…
Naguib Sawiris Invests EGP100 million in New Suez Canal Project
Egyptian business tycoon Naguib Sawiris purchased Sunday EGP 100 million (around US$14 million) worth of investment…
Egyptian Industries Federation Invests EGP25 million in New Suez Canal Project
Federation of Egyptian Industries (FEI) purchased EGP 25 million (USD 3.5 million) worth of investment certificates…
Egypt Raises EGP8 billion on Day Four for New Suez Canal
8 billion Egyptian pounds (US$1.12 billion) were raised on the fourth day of selling Suez Canal investment…
Egypt Raises EGP5.5 billion on Day Three for New Suez Canal
5.5 billion Egyptian pounds (around US$769 million) were raised on the third day of selling Suez Canal investment…
Revenues of Suez Canal Certificates Hit EGP6bn on First Day
On the first day of release, Egypt’s banks sold over EGP 6 billion (around $856 million) worth of investment…
Misr Life Insurance Invests EGP150 million in New Suez Canal Project
Misr Life Insurance allocates a portion of its portfolio to buy EGP 150 million worth of investment certificates…
NBE in Talks with Arab Funds to Borrow US$200mn for SMEs
National Bank of Egypt (NBE) entered negotiations with Arab funds to borrow US$200 million for financing small and…
