It later raised the cap to $250,000 but only on specific imports of essential goods, capital machinery and manufacturing components and medicines. Egypt's biggest lender, the state-owned National Bank ...

Chairman of the National Bank of Egypt (NBE) Hisham Okasha and Chairman of China Development Bank (CDB) Hu Huaibang signed a loan agreement worth $700m. The loan targets the implementation of ...

The state-owned National Bank of Egypt (NBE) and Banque Misr announced on Tuesday a bundle of new services and privileges for Egyptians working aboard. NBE announced that it will offer new four-year ...

“By virtue of their size in the banking sector, the NBE and Banque Misr [Egypt’s largest two state banks] own the largest portfolios of Egyptian treasury bonds and bills,” economist Hany Genena, the ...

SHARM AL-SHEIKH, Egypt (Reuters) - Egypt's biggest lender, the state-owned National Bank of Egypt, provided more than $2.5 billion to cover import payments in the last three months as the country ...

National Bank of Egypt's high-yielding certificates of deposit, launched when the central bank floated the pound earlier this month, have raised so far 92 billion Egyptian pounds ($5.2 billion), NBE ...

Banque Misr and the National Bank of Egypt (NBE) on Tuesday announced a reduction in the interest rate for the… Telecom Egypt announced that it has obtained a long-term loan worth LE18 billion from a ...

CAIRO (Reuters) - State-owned National Bank of Egypt (NBE), Egypt's largest commercial bank by assets, is setting up a 10 billion Egyptian pound fund to finance home mortgages, a newspaper reported on ...

Yahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates at high annual interest rates Thursday, in line with increasing the interest rates by 2 per cent ...

Egypt's biggest lender, the state-owned National Bank of Egypt, provided more than $2.5 billion to cover import payments in the last three months as the country faces a currency crisis, Chairman ...

CAIRO, July 12 (Reuters) - State-owned National Bank of Egypt (NBE), Egypt's largest commercial bank by assets, is setting up a 10 billion Egyptian pound ($1.79 billion) fund to finance home mortgages ...