Foreign, Arab currencies vs Egyptian pound at early trade
Ahead of the Egyptian central bank’s Wednesday exceptional foreign exchange auction, Arab and foreign currencies…
Browsing Tag
NBE
Egypt’s state bank giant NBE profit up 36% in FY14/15
National Bank of Egypt (NBE), the country’s largest state bank, reported a 36 percent rise in profit in the…
Arab, foreign currencies record jump against Egyptian pound
Arab and foreign currencies have soared against the Egyptian pound on Tuesday following a decision adopted by…
Egypt’s 3 top lenders issue euro-dominated debt certificates for Egyptians abroad
Egypt's three largest state-owned banks have issued Saturday euro-denominated debt certificates for Egyptians…
Two banking consortia offer $325 million for Egypt’s Assiut refinery
The state-run Egyptian General Petroleum Corporation (EGPC) has received two banking offers to secure around $325…
National Bank of Egypt receives China Development Bank’s $700mn loan
Egypt’s biggest state-run National Bank of Egypt (NBE) has received a $700 million loan from the China Development…
National Bank of Egypt subsidiary says quits bid to buy CI Capital
National Bank of Egypt's investment banking arm, Al Ahly Capital (ACH) decides to drop its bid to buy CIB…
Egypt’s two state bank giants sign MoU with Russian Fund
Egypt’s state-run bank giants, National Bank of Egypt (NBE) and Banque Misr (BM) signed Tuesday a memorandum of…
Egypt’s National Bank seals $700 million finance from China Development Bank
Egypt’s state bank giant, National Bank of Egypt (NBE) has signed Thursday a $700 million financial facility from…
Egypt’s National Bank applies for Yuan licence
National Bank of Egypt (NBE), the country’s largest state bank, is seeking a licence to conduct local-currency…