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…
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National Bank of Egypt
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…
NBE-Sudan Eyes Foreign Trade Transactions of EGP1.3bn in 2014
In Sudan, the National Bank of Egypt (NBE) plans to boost its volume of international trade transactions to EGP 1.3…
$471mn Loan Talks for Port Said’s New Container Terminal Project Halted
The General Authority for Port Said Ports decided to halt its talks with the National Bank of Egypt (NBE) and…
SAIB in Talks with Palm Hills’ Loan Arrangers over EGP200mn Stake
Société Arabe Internationale de Banque (SAIB) is currently negotiating with the arranged banks for Egypt-based real…
4 Banks Eyes Suez Canal Investment Certificates Issuance Monday
Four Egyptian banks are targeting the issuance of investment certificates next Monday, dedicated to fund the new…
CBE Awaits Sisi’s Approval on Suez Canal Certificate Draft Law
Egypt's President Abdel Fattah al-Sisi is expected to issue a draft law regulating the legal procedures related to…
NBE Signs Protocol with Misr El Kheir to Pay off Debtors’ Dues
Chairman of National Bank of Egypt (NBE) Hisham Okasha, has signed cooperation protocol with Mohsen Mahgoub…
NBE Agrees to Contribute EGP150mn to Palm Hill’s Bridge Loan
National bank of Egypt (NBE) has participated in the bridge loan with EGP400 million which obtained by real estate…