Banks $471mn Loan Talks for Port Said’s New Container Terminal Project Halted Yomna Yasser Aug 24, 2014 0 The General Authority for Port Said Ports decided to halt its talks with the National Bank of Egypt (NBE) and…
Banks SAIB in Talks with Palm Hills’ Loan Arrangers over EGP200mn Stake Salma Ayman Aug 24, 2014 0 Société Arabe Internationale de Banque (SAIB) is currently negotiating with the arranged banks for Egypt-based real…
Banks 4 Banks Eyes Suez Canal Investment Certificates Issuance Monday Yomna Yasser Aug 23, 2014 0 Four Egyptian banks are targeting the issuance of investment certificates next Monday, dedicated to fund the new…
Banks NBE Signs Protocol with Misr El Kheir to Pay off Debtors’ Dues Salma Ayman Aug 21, 2014 0 Chairman of National Bank of Egypt (NBE) Hisham Okasha, has signed cooperation protocol with Mohsen Mahgoub…
Banks NBE Agrees to Contribute EGP150mn to Palm Hill’s Bridge Loan Salma Ayman Aug 20, 2014 0 National bank of Egypt (NBE) has participated in the bridge loan with EGP400 million which obtained by real estate…
Banks NBE Plans Exiting from Egyptian Life Takaful and ARCOSTEEL Yomna Yasser Aug 17, 2014 0 Egypt's largest lender the National Bank of Egypt (NBE) will be selling some of its non-core subsidiaries and…
Tech news Fawry Ink Mobile Payment Service Contracts with AlexBank and Audi Bank Salma Ayman Aug 16, 2014 0 Fawry, Egypt's leading nationwide Electronic Bill Presentment and Payment (EBPP), signed two contracts with two…
Banks NBE Collects EGP1.6bn Extra Budget Debts in 3 Years Salma Ayman Aug 9, 2014 0 The National bank of Egypt (NBE) collected extra budget debts within 3 years worth EGP1.6 billion from EGP13billion…
Banks NBE Collects EGP360mn Extra Budget Debts in FY13/14 Salma Ayman Aug 6, 2014 0 The National bank of Egypt (NBE) collected extra budget debts for the fiscal year of 2013/2014 worth EGP360million.…
Banks Egypt Eyes Borrowing from Morgan Stanley, JP Morgan to Repay Oil Debts Yomna Yasser Aug 5, 2014 0 Egypt is in talks with Morgan Stanley and J.P. Morgan alongside other Arab and local banks, aiming to repay debts…