US Dollar Soars To EGP 6.90, Yen Falls: NBE
On Thursday, the US dollar’s exchange rate against the Egyptian pound has surged to EGP 6.8711 for buying and EGP…
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NBE
NBE’s NPLs Up To EGP 6.5 Bln As Dollar Hikes
The National Bank of Egypt’s (NBE) non-performing loan portfolio registered EGP 6.5 billion at the end of last…
NBE Assigns Turkish Company To Supply Office Furniture, Violating PM’s Decision
Wood Working and Furniture Industries Chamber at the Federation of Egyptian Industries (FEI) has filed a complaint…
NBE’s Islamic Retail Finances Hit EGP 150 Mln At End-March
The National Bank of Egypt’s (NBE) Islamic retail finances reached about EGP 150 million at the end of Q1 of 2013.…
NBE Plans To Provide SMEs With EGP 50 Mln Islamic Finances
The National Bank of Egypt (NBE) targets to provide small and medium-sized enterprises (SMEs) with Islamic finances…
Port Said Steel Loan Arrangers To Sign Terms & Conditions Memo In April
The National Bank of Egypt (NBE), Commercial International Bank (CIB), National Société Générale Bank (NSGB) and…
NBE Raises Return On Dollar New Golden Certificate To 3%
The National Bank of Egypt (NBE) raised the return rate on its dollar-denominated three-year New Golden Certificate…
NBE Offers GASC US$ 25 Mln
The National Bank of Egypt (NBE) provided the General Authority for Supply Commodities (GASC) with US$ 25 million…
NBE Collects EGP 52.7 Bln Taxes In 8 Months
The National Bank of Egypt (NBE) collected EGP 52.7 billion in taxes during the period from July 2012 to February…
KIMA Loan Agreement Signing Postponed Till Company Raises Capital
Five banks, arranging a US$ 423 million loan for the Egyptian Chemical Industries Company (KIMA), delayed signing…
