Egypt’s central bank may float United Bank, Arab Investment Bank: sources
United Bank of Egypt and Arab Investment Bank are likely the two state banks which the central bank plans to offer…
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NBE
Moody’s lauds Egypt’s new measures to limit consumer loans
The international credit agency Moody's said Monday that the Central Bank of Egypt's (CBE) recent measures – which…
Egypt’s National Bank secures $46.6mn for defaulting industrial sector clients
National Bank of Egypt, the country’s biggest state-run bank, is offering new credit facilities worth 365 million…
Egypt’s NBE eyes retail portfolio to hit $5bn end-June
The retail banking portfolio of Egypt's biggest state-run bank National Bank of Egypt (NBE) has been boosted to…
Egypt’s National Bank tops Bloomberg’s 2015 Africa syndicated loans list
The National Bank of Egypt (NBE), the country’s biggest state-run bank, closed 2015 as the leading administrative…
Arab Contractors quits Egypt’s Airport City project bid
Egypt-based leading construction firm, Arab Contractors has decided to withdraw from a competition to implement…
National Bank of Egypt leads $894mn finance offer for electricity sector
A banking alliance led by the National Bank of Egypt (NBE) is offering the state-run Egyptian Electricity…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
NBE, AlexBank, Bank Audi grant $21.7 million to Lead Foundation
The Egyptian NGO, Lead Foundation has recently obtained credit facilities worth 170 million Egyptian pounds…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…