Banks Egypt’s NBE says 9-month pre-tax profits of EGP 89.104b Nada Ali Feb 21, 2024 0 Egypt's biggest state-run lender, the National Bank of Egypt (NBE) reported profits before tax of 89.104 billion…
Banks Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023 Nada Ali Jan 3, 2024 0 State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first half (H1)…
Banks Egypt’s ENR seeks to secure EGP6 bln before year-end: sources Nada Ali Oct 3, 2023 0 State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
Banks Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources Nada Ali Sep 18, 2023 0 The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
Banks ADEX inks $100mln of line credit deal with Egypt’s NBE Nada Ali Sep 6, 2023 0 Abu Dhabi Exports Office (ADEX) has signed a revolving loan facility of $100 million with the National Bank of…
Money Egypt to sell stake in Banque Misr in 2024 Sama Mousa Sep 5, 2023 0 Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Money National Bank of Egypt 2022 pretax profit at EGP 17 billion Amwal Al Ghad English Aug 22, 2023 0 The National Bank of Egypt (NBE), the country’s largest public lender, posted pretax profit of 71 billion Egyptian…
Money MIGA mulls $100 million guarantee to EBRD to back Egypt trade finance Amwal Al Ghad English Jul 10, 2023 0 Two of Egypt’s largest state banks may become the latest recipient of the World Bank-member Multilateral Investment…
Banks NBE, Banque Misr collect EGP67bln from CDs Yassmine Elbehnaihy Apr 3, 2023 0 The National Bank of Egypt (NBE) and Banque Misr collected 67 billion Egyptian pounds from the recently issued…
Money Egypt’s pound weakens to EGP 100 to Kuwaiti dollar at opening Mostafa Mahmoud Mar 6, 2023 0 Egypt’s pound currency fell to surpass EGP 100 against the Kuwaiti dinar for selling at some banks during early…