Egypt settles EGP9.8 bln NUCA debt to National Investment Bank
Egypt signed an agreement on Wednesday to settle 9.8 billion Egyptian pounds in accumulated debts and financial…
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National Investment Bank
Egypt clears EGP88.3 bln state media debt to National Investment Bank
Egypt signed an agreement on Wednesday to settle 88.3 billion Egyptian pounds in historical debts owed by the…
Egypt unveils new investment framework for Innovators Support Fund
Egypt is moving to place the resources of its Innovators Support Fund (ISF) under professional investment and…
Egypt seeks new UAE foothold for National Investment Bank subsidiaries
Egypt is seeking to expand the presence of companies affiliated with its National Investment Bank (NIB) in the…
Egypt’s Samannoud Textile returns to production after NIB-led restructuring
Egypt's National Investment Bank (NIB) has successfully implemented a comprehensive recovery plan for Samannoud…
Egypt’s National Investment Bank retains ISO 9001:2015 certification
Egypt's National Investment Bank (NIB) has successfully passed the periodic external audit for the ISO 9001:2015…
NI Capital’s Sahmy 70 fund posts 66.3% return in first year
Egypt's NI Capital said on Sunday its Sahmy 70 fund generated a cumulative return of 66.3 per cent in its first…
Egypt settles EGP196 bln in historic state debts
Egypt signed two framework agreements on Sunday to settle 196 billion Egyptian pounds in debts, resolving…
Egypt’s Planning Minister rings EGX opening bell as EGYTRANS acquires NOSCO
Egypt’s Planning Minister Rania Al-Mashat rang the stock exchange opening bell Thursday to mark EGYTRANS’s…
Egypt’s National Investment Bank earns ISO certificate
Egypt’s National Investment Bank (NIB) has obtained the ISO 9001:2015 certification for the quality of financial…
Egypt’s PM follows up NIB–Maspero financial settlement
Egyptian Prime Minister Moustafa Madbouly on Monday reviewed steps to resolve longstanding financial entanglements…
Egypt’s PM reviews settlement of financial entanglements with NIB
Egypt’s Prime Minister Moustafa Madbouly on Monday reviewed efforts to untangle financial entanglements between…
Egypt’s National Investment Bank denies plans to exit Misr Cement Qena
Egypt’s state-owned National Investment Bank (NIB) denied media reports on Thursday that it plans to divest its…
Egypt moves to clear financial overlaps between Egypt Post, NIB
Egypt’s Prime Minister Moustafa Madbouly led a high-level meeting on Sunday to accelerate efforts to resolve…
Egypt’s Petroleum Minister inspects Methanol plant
The Minister of Petroleum and Mineral Resources, Tarek El-Molla, emphasised the need to expedite the construction…
Egypt’s sovereign fund reportedly eying controlling stake in e-Finance
Sovereign Fund of Egypt is in talks to acquire part of the National Investment Bank’s 69 percent stake in…
e-Finance to list on Cairo stock exchange in Q4-2019
Egypt’s financial institutions operation company e-Finance plans to list on the Cairo stock exchange in the fourth…
Egypt’s NIB bank appoints CI Capital to advise on restructuring
Egypt’s state-owned National Investment Bank has appointed leading local investment bank CI Capital to advise it on…
Acumen Beltone to launch Egyptian industrial distressed-asset fund in March
Egypt’s asset-management firm Acumen Beltone is planning to raise a fund of as much as 150 million Egyptian pounds…
Egypt’s El Mostakbal to announce 600-feddan area tender results after Eid al-Adha
Egypt’s El Mostakbal for Urban Development will announce results of the auction for the sale of six land plots in…
Egypt’s El Mostakbal negotiating two property developers for PPP projects
Egypt’s El Mostakbal for Urban Development is in talks to incorporate two property developers for key…
National Investment Bank studies $157.6 mln loan for Egypt railway authority
State-run National Investment Bank of Egypt (NIB) is studying securing finances worth 1.4 billion Egyptian pounds…
Egypt picks NI Capital to advise planned public sector IPOs
Egyptian government has picked the newly-founded NI Capital Company as its advisor for a programme aimed to list…
Egypt Post expands investments to reach 174 billion pounds
Egypt Post has a portfolio of investments totalling around 174 billion Egyptian pounds (US$19.6 billion), its chief…
Misr Iran Bank Q1 customer deposits record 11 bln Egyptian pounds
Egypt’s Misr Iran Development Bank (MIDB) registered y-o-y rise in customer deposits to reach 11 billion Egyptian…
Arab Investment Bank may become 3rd Egypt public bank to seek bourse listing
State-run Arab Investment Bank plans to float some of its shares on Egypt stock exchange, the bank’s chairman Hani…
National Investment Bank mulls $6.6mn finances for Egypt railway authority
State-run National Investment Bank of Egypt (NIB) is considering securing a new financing worth 500 million…
NIB to finance economic state authorities’ investments
The National Investment Bank of Egypt (NIB) targets pumping funds worth 2.5 billion Egyptian pounds (US$319.4…
National Investment Bank Pumps EGP250mn for Textile Firms in 6 Months
Board of Directors of National Investment Bank (NIB) Momtaz Al-Saeed revealed that the bank is aiming to pump…
NIB announces EGP250mn Contribution to Egyptian Start-up Incubator Ayady
Egypt’s state-owned National Investment Bank (NIB) will contribute 250 million Egyptian pounds (around US$35…
EGP5.9bn Allocated to Upgrade Egypt’s Railway – Planning Ministry
The Egyptian Planning Ministry announced for the allocation of EGP5.9 billion from the state's budget in order to…
NIB Mulls Investing in a New Egyptian ICT Company’s EGP3.5bn Capital
The National Investment Bank is studying to invest in a holding company for managing technological zones, which…
Egypt ICT to Set up Holding Firm to Launch 7 Tech-Areas with EGP3.5bn
An official source in Information and Communication Technology (ICT) Ministry revealed that the ministry is about…
Egypt Post to Discuss Investments in New Suez Canal Project This Week
The National Postal Authority – Egypt Post will discuss in its upcoming board meeting this week the size of…
Egypt’s FinMin to Decide on NIB’s Capital Increase within 2 Weeks
Egypt's Finance Ministry will make its decision within the next two weeks on the capital increase of the National…
Egypt Post to Obtain EGP400 mln from National Investment Bank by July
Dr. Ashraf Gamal El-Din the Executive Chairman of Egypt Post asserted that his post will obtain EGP400 million…
Citadel Capital: Amr El-Garhy to Head Corporate Finance, Investment Review Function
Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East…
Egypt’s Planning Ratify EGP835 mln For Railway Reform
The Egyptian Minister of Planning and International Cooperation, Dr Ashraf Al Araby, has ratified EGP 835 million…
Insurance Ministry Contributes EGP 20 Mln To Bedaya Fund I
The Egyptian Minister of Insurance and Social Affairs Nagwa Khalil affirmed that the National Social Insurance…
Bedaya I Fund Launched, With EGP 134 Mln Capital
Egyptian Prime Minister Hisham Kandil has witnessed the launch of the mutual fund directed towards making…