Banks NBE’s Contribution for SMEs Hit EGP10.6 billion at February-end Yomna Yasser Mar 29, 2014 0 State-owned National Bank of Egypt (NBE)’s total lending for the small and medium-sized sector hit EGP10.6 billion…
Banks Majid Al Futtaim Disburses 1st Tranche of US$500mn Egypt Loan Yomna Yasser Mar 20, 2014 0 Dubai-based developer Majid al Futtaim (MAF) announced on Thursday the disbursal of EGP170 million, worth of the…
Financial Institutions E-Finance Egypt Invests EGP70 mln in Smart Village Headquarters Salma Ayman Mar 20, 2014 0 Mr. Ibrahim Sarhan - Chairman and Managing Director of E-Finance Company revealed that the firm will build new…
unclassified E-Finance Egypt Invests EGP70 mln in Smart Village Headquarters Salma Ayman Mar 20, 2014 0 Mr. Ibrahim Sarhan - Chairman and Managing Director of E-Finance Company revealed that the firm will build new…
Banks NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector Yomna Yasser Mar 12, 2014 0 The National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7…
Banks ABA, Fawry, NBE and Egypt Post Mull Paying Clients’ Loan Premiums Salma Ayman Feb 25, 2014 0 Motaz El Tabaa , the Executive Director of the Alexandria Business Association(ABA) said the Association plans…
Banks 3 Banks to Arrange US$150m Finance for Abu Qir Fertilizers and Chemicals Co Salma Ayman Feb 22, 2014 0 The alliance between the National Bank of Egypt (NBE) the Commercial International Bank (CIB) and QNB Al Ahli…
Banks EBRD Lends $50mn to National Bank of Egypt to Support Int’l Trade Yomna Yasser Feb 20, 2014 0 The European Bank for Reconstruction and Development (EBRD) signed on Wednesday two agreements to provide a US$50…
Banks Federation of Egyptian Banks Plans EGP200 mln Contribution to Informal Areas Yomna Yasser Feb 9, 2014 0 Federation of Egyptian Banks(FEB) plans to allocate EGP 200 million from the Banking System’s profits by the end of…
Banks Profits Rise 8% at Egypt’s Largest Bank Yomna Yasser Feb 4, 2014 0 Egypt's largest bank saw an eight percent rise in its net income in the fiscal year 2012/13 compared to the year…