UAE’s Arabtec Eyes Partnership with Egypt’s NBE
The UAE’s real estate giant Arabtec is currently holding talks with the largest public bank in Egypt, National Bank…
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NBE
SFD Egypt Pumps EGP850 million in Small Projects in 6 Months
The Egyptian Social Fund for Development (SFD) has spent about EGP 850 million supporting small enterprises in the…
NBE, Banque Misr Join AAIB in Marketing Palm Hills’ EGP2.6bn Loan
National Bank of Egypt (NBE), Banque Misr and Arab African International Bank (AAIB) started marketing Palm Hills…
NBE’s NPLs Portfolio Fell to EGP5.5bln in FY14/15
National Bank of Egypt is aiming to reduce its non-performing loan (NPL) portfolio to close at EGP5.5 billion by…
NBE’s Cumulative Finance Portfolio for SMEs Hit EGP12.9b in FY13/14
Head of SMEs at National Bank of Egypt (NBE) Soha Soliman revealed that the cumulative finance portfolio of the…
SFD Grants EGP135mn to NBE for Financing Small Projects
National Bank of Egypt (NBE) has signed finance contracts worth EGP135 million for small projects with the Social…
Egypt Eyes EGP1bn Finance from 6 banks for Walidia Power Station
Egypt's Ministry of Electricity has hold talks with six banks operating in local market, over arranging an EGP 1…
SFD Eyes Pumping EGP680mn for Micro Projects this year
Social Fund for Development (SFD) is aiming pumping EGP680million for financing micro projects within the current…
NBE, SFD Ink Contract to Finance Micro Enterprises worth EGP75mn
The National bank of Egypt (NBE) will be signing today a contract with Social Fund for Development (SFD) in order…
CBE’s Decision to Stop Gamayah Won’t Affect Mobile Payment Service
Senior sources in Mobile Phone operators asserted that the decision of Central bank of Egypt to stop some products…