Egypt’s Oriental Weavers sells stake in NBK Egypt
Egypt's Oriental Weavers Group (OW) sold its 0.70 percent equity in the National Bank of Kuwait - Egypt (NBK…
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nbk egypt
Egypt’s pound falls to EGP 24.65 against dollar in some banks
Egypt’s pound currency fell to EGP 24.59 against the U.S. dollar for buying and EGP 24.54 for sale at banks on…
EBRD, EU provides $50 million to NBK Egypt for Egyptian MSMEs
The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up to $50…
EBRD, NBKE support MSMEs in Egypt through $40 million loan deal
The National Bank of Kuwait – Egypt (NBK Egypt) has secured a $40 million loan from the European Bank for…
EBRD unveils $25 million loan for NBKE to promote energy efficiency in Egypt
The European Bank for Reconstruction and Development (EBRD) announced on Thursday it had secured a $25 million loan…
NBK Egypt bank signs deal with Gama for New Capital branch
The National Bank of Kuwait – Egypt (NBK Egypt) has signed a deal with Gama Construction for a new branch in…
NBK Egypt reports 33% lower profit in 2020, approves capital raise to EGP10 bln
The National Bank of Kuwait – Egypt (NBK Egypt) achieved net profits of 1.44 billion Egyptian pounds ($92 million)…
National Bank of Kuwait first-half profits fall 28.6% in Egypt
National Bank of Kuwait–Egypt (NBK), the Gulf Arab state's largest commercial lender, reported a 28.6 percent…
EBRD approves $100m loan to NBK Egypt to finance private sector business
The European Bank for Reconstruction and Development (EBRD) approved the provision of a $100 million loan to the…
EBRD approves $100 million loan for NBK Bank Egypt to address coronavirus impact
The European Bank for Reconstruction and Development (EBRD) approved on Monday a $100 million loan to the National…
Key global currencies rates in Egyptian banks on 10 March
Amwal Al Ghad on Tuesday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound…
National Bank of Kuwait seeks to increase market share in Egypt
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, is looking to increase its market share…
NBK-Egypt sees 20% growth in loans by 2018
National Bank of Kuwait, the country’s largest lender, expects 20 percent growth in loans in Egypt in 2018 because…
National Bank of Kuwait Q4 net profit rises 45.7% in Egypt
National Bank of Kuwait (NBK), the Gulf Arab state’s largest commercial lender, posted a 45.7 percent rise in…
Egyptian Life Takaful-GIG, NBK Egypt bank sign bancassurance tie-up
Egyptian Life Takaful Company – GIG has signed Thursday a bancassurance agreement with National Bank of Kuwait –…
Etisalat Misr signs with 10 banks 4G loan deal
Etisalat Misr, the Egyptian unit of UAE telecommunications operator has signed Thursday a syndicated loan agreement…
Egyptian Life Takaful-GIG in talks to relaunch NBK bank’s fund
Egyptian Life Takaful Company – GIG seeks to relaunch the National Bank of Kuwait –Egypt’s (NBK Egypt) mutual fund…
Egyptian Life Takaful-GIG to activate bancassurance deal with NBK soon
Egyptian Life Takaful Company – GIG is entering into bancassurance partnership with the National Bank of Kuwait –…
NBK says H1 net profit rose to $71.2 mln in Egypt
National Bank of Kuwait (NBK) says net profit in Egypt rose to 407.436 million Egyptian pounds ($45.8 million) in…
Two banking consortia to offer Egypt’s Medinet Nasr $168.8 mln loan in days
Egyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to…
UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based…
The Banker lists 16 Egyptian banks on Top 100 African Banks
The Banker, a Financial Times publication, has featured 16 Egyptian lenders in its 2016 ranking of Top 100 African…
NBK-Egypt: Mizan Fund’s Net Profits Jump 335% in a Year
The National Bank of Kuwait – Egypt announced Monday a 335% year-on-year surge in net profits of its mutual fund…
Egypt Shares Gain EGP5.6 Billion in Week, EGX30 Crosses 8700
In a week which coincided with start of trading on Arabian Cement's share, Egypt’s stocks gained 5.6 billion…
EGX Changes AWB Names to NBK Egypt, Effective as of May 22
The Securities Listing Committee at the Egyptian Exchange (EGX) approved on Wednesday changing the name of Al…
NBK-Egypt Says Customers’ Deposits 30.8% up in 2013
National Bank of Kuwait Group (NBK) recorded a 30.8% growth in customers’ deposits in Egyptian market throughout…
NBK Rebrands its Subsidiary in Egypt
National Bank of Kuwait Group (NBK), the largest financial institution in the country, rebranded its subsidiary in…