Financial Institutions Egypt’s Top Performing Companies Ignore Online Presence: Business Directory Salma Ayman Feb 3, 2015 0 Egyptian companies do not realise the potential of an online presence, according to a study conducted by the…
Banks Egypt Bourse Changes NSGB Names to QNB Al Ahli Yomna Yasser Dec 19, 2013 0 The securities listing committee at the Egyptian Exchange (EGX) approved on Thursday changing the name of National…
Banks ABA Seeks to Raise NSGB’s Credit Facilities to EGP50 mln Yomna Yasser Nov 5, 2013 0 Alexandria Business Association (ABA) is planning to increase the amount of the periodic credit facilities granted…
Banks NBE Eyes Arranging EGP10 bln Syndicated Loans in FY13/14 Yomna Yasser Oct 3, 2013 0 The National Bank of Egypt (NBE) is planning to arrange syndicated loans totaled EGP 10 billion within the current…
Banks Banque Du Caire: Signing El Nasr Coke’s Loan Will Be Within Days Yomna Yasser Sep 11, 2013 0 Banque Du Caire has confirmed on Wednesday joining the banking consortium led by the National Bank of Egypt (NBE),…
Banks IDWBE Offers EGP 25 Mln Credit Facilities to Paper Firm in Default Salma Ayman Aug 21, 2013 0 Industrial Development Bank and Workers bank of Egypt (IDWBE) has finalized from floating rate debts in default…
Banks S&P Cuts Rating On Four Egyptian Banks On Debt Risk Yomna Yasser May 15, 2013 0 Standard & Poor's cut its rating on four Egyptian banks on Tuesday, saying they held a large amount of…
EGX Egypt Bourse Struggles Under Heavy Hand Of Government Yomna Yasser Apr 24, 2013 0 Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
EGX Egypt Acquisition Tax Repeal Seen Before Orascom Telecom Deal Yomna Yasser Apr 18, 2013 0 A law that will cancel a 10 percent acquisitions tax in Egypt will be announced before Altimo’s purchase of…
EGX QNB Says Will Not Delist NSGB From Egypt Bourse Yomna Yasser Apr 15, 2013 0 Qatar National Bank confirmed in a release sent to the Egyptian Exchange that there is no…
Banks NSGB’s Assets Hit EGP 68.5 Bln At End-March 2012 Administrator Apr 10, 2013 0 The value of National Société Générale Bank’s (NSGB) assets reached EGP 68.522 billion at the end of last March,…
Banks Egypt To Return Tax Collected On NSGB Takeover Yomna Yasser Apr 9, 2013 0 Taxes collected from Qatar National Bank 's acquisition of National Societe Generale Bank (NSGB) will be refunded…
Banks Banque Misr Sells Its 4% Stake In NSGB To QNB Administrator Apr 7, 2013 0 Banque Misr, the second largest private bank in Egypt, sold its 4% stake in National Société Générale Bank (NSGB)…
Banks QNB Not To Change NSGB’s Administration Administrator Apr 7, 2013 0 Ali Shareef Al-Emadi, CEO of Qatar National Bank Group, has presented the Group’s view on methods of cooperation…
EGX Orascom Telecom Bid Fails To Buoy Disillusioned Egypt Market Yomna Yasser Apr 2, 2013 0 A buyout offer for Orascom Telecom Holding (ORTE.CA), Egypt's second-largest listed company, failed to buoy a…
EGX EGX 30 Falls 0.78% In Week Driven By NSGB Takeover Deal Taxes Yomna Yasser Mar 30, 2013 0 In a week which witnessed the announcement of imposing tax gains on the acquisition deal of National Société…
Banks QNB Acquires 97.12% Of NSGB With Additional 19.95% Stake Purchase Administrator Mar 30, 2013 0 QNB, Qatar’s largest lender, has bought an additional 19.95% stake in National Société Générale Bank- Egypt (NSGB)…
EGX Tax Gains On NSGB Takeover Deal Drags EGX 30 Below 5130 Pts Yomna Yasser Mar 26, 2013 0 During Tuesday’s closing, the Egyptian Exchange (EGX) has extended its midday losses to eventually reach EGP 5.45…
EGX EGX: 432 Mln Securities Total Shares Offered For NSGB Takeover Deal Yomna Yasser Mar 26, 2013 0 The Egyptian Exchange’s management stated that the total shares offered for sale as regard to the National Société…
Banks Egypt’s Govt. Imposes Tax Gains On NSGB’s Acquisition Deal Administrator Mar 26, 2013 0 The Egyptian Tax Authority will impose tax on shareholders and investment funds that make capital gains from the…
Banks NSGB Didn’t Ask For EFSA’s Approval On Capital Increase Administrator Mar 14, 2013 0 The National Société Générale Bank (NSGB) has not submitted a disclosure form to the Egyptian Financial Supervisory…
Banks NSGB’s Loan Portfolio Rose To EGP 37 Bln At End-2012 Administrator Mar 14, 2013 0 National Société Générale Bank's (NSGB) portfolio of loans and credit facilities rose EGP 1.963 billion…
Banks HC Valuates NSGB Share Price At EGP 35.25, BOD Approves QNB Tender Offer Yomna Yasser Mar 13, 2013 0 HC Securities, the independent financial advisor evaluating National Societe Generale Bank (NSGB.CA) share price,…
Banks NSGB Assigns HC Securities As Financial Adviser For QNB Deal Administrator Feb 26, 2013 0 National Société Générale Bank (NSGB) has assigned HC Securities as independent financial adviser for the offer…
Banks Mobinil Loan Arrangers Send Info Memo To 17 Banks Administrator Feb 25, 2013 0 The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
Banks Egypt Regulator Approves Qatar Bank’s Offer For NSGB Administrator Feb 25, 2013 0 Egypt's financial regulatory authority has approved an offer by Qatar National Bank to buy 100 percent of National…
Banks Alex Bank, NSGB, Bank Audi, EGB To Contribute To MAF Loan Administrator Feb 24, 2013 0 Alex Bank Intesa Sanpaolo, National Société Générale Bank (NSGB), Bank Audi Egypt and Egyptian Gulf Bank (EGB)…
Banks NSGB, Faisal Bank Join Consortium Funding South Helwan Power Plant Administrator Feb 11, 2013 0 National Société Générale Bank (NSGB) and Faisal Islamic Bank of Egypt have joined the banking consortium,…
EGX Egypt’s Financial Regulator Receives QNB’s Tender Offer To Buy 100% Of NSGB Shares Yomna Yasser Feb 10, 2013 0 Egypt’s financial regulator – the Egyptian Financial Supervisory Authority (EFSA) announced that an obligatory…
Banks Exclusive: Banks’ Contributions To Port Said Steel Loan Administrator Feb 3, 2013 0 The National Bank of Egypt (NBE), National Société Générale Bank (NSGB), Commercial International Bank (CIB)…
Banks QNB Gets CBE’s Approval On NSGB Acquisition Administrator Jan 31, 2013 0 The Central Bank of Egypt (CBE) has approved Qatar National Bank (QNB)’s request to acquire the National Société…
Banks Mobinil Loan Arrangers To Send Info Memo To Banks Next Month Administrator Jan 29, 2013 0 The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
Banks Banks Close Branches In Tahrir, Others Open Side Doors In Qasr Al-Aini Administrator Jan 27, 2013 0 As banks closed its branches and just replenished ATMs in Suez Canal governorates because of the violent clashes in…
Banks National Port Said Steel To Secure EGP 1.1 Bln Loan From 4 Banks Administrator Jan 23, 2013 0 The National Port Said Steel Company (NPSS) is seeking a long-term finance worth EGP 1.1 billion from a consortium…
Banks NSGB, BNP Acquisition Deals Prove Egypt’s Market Still Lures Investments: El-Dib Administrator Jan 6, 2013 0 Mohamed El-Dib, chairman of National Société Générale Bank (NSGB), expected the current economic crisis to end…
Banks QNB Requests CBE’s Approval To Acquire NSGB Administrator Dec 23, 2012 0 National Societe Generale Bank – (NSGB) announced that Qatar National Bank's (QNB) submitted a request to Central…
Banks NBE Contributes EGP 360 Mln To Loan For El Nasr Coke Administrator Dec 20, 2012 0 The National Bank of Egypt (NBE), Banque Misr and National Société Générale Bank (NSGB) are expected to sign the…
Banks NSGB Asks 8 Banks To Lend Delta Company For Fertilizers US$ 420 Mln Administrator Dec 18, 2012 0 National Société Générale Bank, financial adviser of Delta Company for Fertilizers and Chemical Industries, asks…
Banks NSGB To Repay US$ 140 Mln Loan To Société Générale In 2013 Administrator Dec 16, 2012 0 National Société Générale Bank’s board of directors approved in its meeting on December 13th 2012 to repay the US$…
EGX Ahead of Referendum, EGX Gains EGP 18.9 Bln In Week Yomna Yasser Dec 14, 2012 0 Amid the cancellation of President Mohamed Morsi's controversial constitutional decree which had divided the nation…