Banks NBE Plans Exiting from Egyptian Life Takaful and ARCOSTEEL Yomna Yasser Aug 17, 2014 0 Egypt's largest lender the National Bank of Egypt (NBE) will be selling some of its non-core subsidiaries and…
Tech news Fawry Ink Mobile Payment Service Contracts with AlexBank and Audi Bank Salma Ayman Aug 16, 2014 0 Fawry, Egypt's leading nationwide Electronic Bill Presentment and Payment (EBPP), signed two contracts with two…
Banks NBE Collects EGP1.6bn Extra Budget Debts in 3 Years Salma Ayman Aug 9, 2014 0 The National bank of Egypt (NBE) collected extra budget debts within 3 years worth EGP1.6 billion from EGP13billion…
Banks NBE Collects EGP360mn Extra Budget Debts in FY13/14 Salma Ayman Aug 6, 2014 0 The National bank of Egypt (NBE) collected extra budget debts for the fiscal year of 2013/2014 worth EGP360million.…
Banks Egypt Eyes Borrowing from Morgan Stanley, JP Morgan to Repay Oil Debts Yomna Yasser Aug 5, 2014 0 Egypt is in talks with Morgan Stanley and J.P. Morgan alongside other Arab and local banks, aiming to repay debts…
Banks NBE Granted EGP40bln Finance to Petroleum Sector in FY13/14 Salma Ayman Jul 21, 2014 0 National Bank of Egypt (NBE)'s total finance value for petroleum sector reached around EGP40 billion within the…
Banks AlexBank Won’t Contribute to ‘Long Live Egypt’ Fund – CEO Yomna Yasser Jul 21, 2014 0 AlexBank, a member of Intesa Sanpaolo Group, will not contribute to 'Long Live Egypt' fund, CEO Roberto Vercelli…
Banks 3 Banks Join Banque Misr to Finance EGP725mn for East Delta Electricty Salma Ayman Jul 16, 2014 0 Banque Misr has allied with National Bank of Egypt (NBE), Commercial International Bank(CIB), Qatar National Bank…
Banks UAE’s Arabtec Eyes Partnership with Egypt’s NBE Yomna Yasser Jul 16, 2014 0 The UAE’s real estate giant Arabtec is currently holding talks with the largest public bank in Egypt, National Bank…
Financial Institutions SFD Egypt Pumps EGP850 million in Small Projects in 6 Months Yomna Yasser Jul 14, 2014 0 The Egyptian Social Fund for Development (SFD) has spent about EGP 850 million supporting small enterprises in the…