Egypt’s currency FX rate hits 46.45 against dollar
Egypt's pound currency weakened on Wednesday to a new low of 46.45 Egyptian pounds against the US dollar, according…
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National Bank of Egypt
Egypt’s ENR seeks to secure EGP6 bln before year-end: sources
State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
AIIB’s investment portfolio in Egypt reaches $1.3bln since 2016
The Asian Infrastructure Investment Bank’s (AIIB) development cooperation portfolio in Egypt has reached a total…
Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
Egyptian banks, firms inject EGP 61.46bn in low-income mortgage initiative
Egypt’s Social Housing and Mortgage Finance Fund has revealed in a recent report on Sunday that banks and companies…
Egypt’s NBE leaves board membership in Sharm Dreams
The National Bank of Egypt (NBE) stepped down from its role as a board member in Sharm Dreams Company for Touristic…
Egypt’s NBE, Banque Misr issue new 19%, 22% CDs over 3 years
Egypt's two biggest state lender, the National Bank of Egypt and Banque Misr have launched on Sunday two…
National Bank of Egypt, Banque Misr to halt issuing 25% CD before Jan-end
The National Bank of Egypt (NBE) and Banque Misr plan to suspend the issuance of their 25 percent-yield…
National Bank of Egypt launches 25% annual yield saving certificates
The National Bank of Egypt (NBE), the country’s largest public lender, has issued a one-year savings certificate…
National Bank of Egypt aims for 30% growth in 2023
Egypt’s largest state-run lender, National Bank of Egypt (NBE) is aiming for growth of 30 percent in 2023, its vice…