National Bank of Egypt

Type: Company

Name: National Bank of Egypt

Fact Sheet: Fact Sheet for National Bank of Egypt

First reported 22 hours ago - Updated 22 hours ago - 1 reports

NBE Offers Al-Ahram Institution EGP 150 Mln Loan

The National Bank of Egypt (NBE) has granted Al-Ahram Institution a loan worth EGP 150 million, sources told .The loan will be used to finance modernizing the printing machines of the institution, sources added.The bank has offered Al-Ahram loans of more ... [Published Masress.com - 22 hours ago]

Entities: National Bank of Egypt, Modernization

First reported May 23 2013 - Updated May 23 2013 - 1 reports

CIB Contributes EGP 500 Mln To South Helwan Power Plant Loan

The Commercial International Bank (CIB) has decided to provide the total value it said it will contribute with to the EGP 3 billion loan arranged for South Helwan Power Plant.Sources said the bank will contribute EGP 500 million to the loan without assigning ... [Published Masress.com - May 23 2013]

Entities: Power Plant, National Société Générale Bank, Banque Misr, Steam Turbine, National Bank of Egypt

First reported May 22 2013 - Updated May 22 2013 - 1 reports

NBE Suggests Setting Up Microfinance Bank: Sherif Gamea

The Federation of Egyptian Banks' technical committee will discuss the possibility of establishing a microfinance bank next Wednesday, said Sherif Gamea, general executive manager of FEB.The National Bank of Egypt (NBE) is the one that suggests the idea ... [Published Masress.com - May 22 2013]

Entities: Microfinance, National Bank of Egypt, Hisham Ramez, Central Bank of Egypt

First reported May 22 2013 - Updated May 22 2013 - 1 reports

NBE Mulls Providing EMC With EGP 100 Mln Credit Facilities

The National Bank of Egypt (NBE) considers offering new credit facilities worth EGP 100 million to the Egyptian Maintenance Company (EMC) working in the petroleum sector.Sources said EMC received credit facilities worth EGP 100 million from the bank in ... [Published Masress.com - May 22 2013]

Entities: Petroleum, National Bank of Egypt, Engineering Procurement & Construction Management, Petrochemical

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Mobinil

Egypt's NTRA Granted Mobile Operators Written License

Dr.Amr Badawi, CEO of National Telecommunication Regulatory Authority (NTRA), has revealed that the mobile operators have granted written license in order to activate mobile money transfer service.Badawi added to that the three mobile phone operators ... [Published Masress.com - May 21 2013]

Entities: Mobile Money Transfer, Egypt, Amr Badawi, National Bank of Egypt, Mobinil

First reported May 20 2013 - Updated May 20 2013 - 1 reports

NBE Encourages Hotels To Shift To Green Energy: Zazou

The Egyptian Minister of Tourism, Hesham Zazou, has discussed with the National Bank of Egypt (NBE) the possible methods of providing hotels with the required soft loans to shift to green energy.Zazou said 39 hotels expressed interest in this initiative; ... [Published Masress.com - May 20 2013]

Entities: Green Energy, Smart Lighting, Red Sea

First reported May 20 2013 - Updated May 20 2013 - 1 reports

European Investment Bank

NBE Allocates EGP 1 Bln For Industrial Pollution Abatement Project Phase III

The National Bank of Egypt (NBE) has allocated EGP one billion to the third phase of the industrial pollution abatement project.Sources said the bank is still in talks with lenders to provide the required finance which may increase to more than EGP one ... [Published Masress.com - May 20 2013]

Entities: Pollution Abatement, Phase III, Compliance (Banking), National Bank of Egypt, European Investment Bank

First reported May 20 2013 - Updated May 20 2013 - 1 reports

NBE Launches New Branch In Sheikh Zayed City Today

The National Bank of Egypt (NBE) inaugurates today a new branch in Sheikh Zayed City, raising the number of its branches to 293 spread across all governorates in Egypt.Sources said the bank has recently launched two new branches in Sharm El-Sheikh; one ... [Published Masress.com - May 20 2013]

Entities: Sharm El Sheikh, National Bank of Egypt, Egypt

First reported May 18 2013 - Updated May 18 2013 - 1 reports

Egyptian foreign debt increases by $8bn

Internal debts hit an alarming EGP 1.4tn, equivalent to about $200bn.Print EmailMorsi had once said in a televised interview that the IMF loan is “recognition of the international confidence in Egypt’s economy, which will foreign investments in the ... [Published Daily Star Egypt - May 18 2013]

Entities: Egypt, International Monetary Fund, National Société Générale Bank, Qatar

First reported May 14 2013 - Updated May 14 2013 - 2 reports

S&P cuts rating on Egyptian banks after action on sovereign; outlook stable

Standard & Poor's Ratings Services has lowered its long-term counterparty credit ratings on National Bank of Egypt (NBE), Banque Misr (BM), and Commercial International Bank (Egypt) S.A.E. (CIB) to 'CCC+' from 'B-'. The agency affirmed the short-term ... [Published CPI Financial - May 14 2013]

Entities: Counterparty, Credit Ratings, Banque Misr

First reported May 12 2013 - Updated May 12 2013 - 1 reports

Banks: We are most affected by downgrades

/ No Comments / 0 ViewsMERIS downgrades long- and short-term credit ratings of NBE, Banque Misr, and CIBPrint EmailThe Middle East Rating and Investors Service has recently downgraded the short- and long-term credit rating of Banque Misr, the National ... [Published Daily Star Egypt - May 12 2013]

Entities: Credit Ratings, Banque Misr, International Monetary Fund, National Bank of Egypt

First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Third stage of taxi renewal project

/ No Comments / ViewsEGP 250m provided by NBE and Alex Bank for improving taxisPrintEmailThe National Bank of Egypt (NBE) and the Bank of Alexandria have announced that they will provide EGP 250m to help develop the third stage of Egypt’s Taxi Renewal ... [Published Daily Star Egypt - Apr 29 2013]

Entities: Bank of Alexandria, National Bank of Egypt, Retail Banking

Quotes

Professor of haematology and paediatrics and chairman of the ETA Dr Amal El-Beshlawy underlined the alarming numbers and statistics. "The percentage of carriers of thalassemia in Egypt is huge, reaching up to nine percent. But the real problem is that for every 1.5 million children born in Egypt annually, almost 1000 carry the disease due to lack of awareness [of the disease]." Other countries have overcome the problem by ensuring that couples get tested for the gene before marriage, thus decreasing the number of cases...

Can we hope for an Egypt free of the agony of thalassemia? [Published Al Ahram - 18 hours ago]

"We think Egypt is currently vulnerable and dependent upon favorable political and economic developments to service its debt obligations" S&P said in an emailed statement

S&P cuts rating on four Egyptian banks on debt risk [Published Reuters - May 14 2013]

The IMF stands "ready to support a home-grown programme that addresses the economic and finance challenges that Egypt is facing, that is socially balanced and has broad ownership" Mr Rice said

Money makes the world go round and round the world it goes [Published Abu Dhabi National - May 12 2013]

...Egypt from a consortium of banks led by National Bank of Egypt and Banque Misr and Peter Walichnowski, CEO of Majid Al Futtaim Properties, affirms: "Egypt's strong economic fundamentals, such as its young and growing population, make it an attractive growth market. We are committed to building on our success in Egypt and investing in the country's long-term economic growth."

Middle East real estate on the rise [Published FTSE Global Markets - May 08 2013]

More Content

sort by: Date \| Relevance
Can we hope for an Egypt free of the agony of t... [Published Al Ahram - 18 hours ago]
NBE Offers Al-Ahram Institution EGP 150 Mln Loan [Published Masress.com - 22 hours ago]
CIB Contributes EGP 500 Mln To South Helwan Pow... [Published Masress.com - May 23 2013]
NBE Suggests Setting Up Microfinance Bank: Sher... [Published Masress.com - May 22 2013]
NBE Mulls Providing EMC With EGP 100 Mln Credit... [Published Masress.com - May 22 2013]
Egypt's NTRA Granted Mobile Operators Written L... [Published Masress.com - May 21 2013]
NBE Encourages Hotels To Shift To Green Energy:... [Published Masress.com - May 20 2013]
NBE Allocates EGP 1 Bln For Industrial Pollutio... [Published Masress.com - May 20 2013]
NBE Launches New Branch In Sheikh Zayed City Today [Published Masress.com - May 20 2013]
Cooperative Insurance Society Manages NBE's Ins... [Published Masress.com - May 20 2013]
Capital Gains Tax Scrapped [Published Business Today Egypt - May 19 2013]
Egypt: International banks eyeing long-term growth [Published Daily Star Egypt - May 18 2013]
Egyptian foreign debt increases by $8bn [Published Daily Star Egypt - May 18 2013]
NBE Negotiates With SFD To Secure EGP 90 Mln Fo... [Published Masress.com - May 16 2013]
SFD Cooperates With 3 Banks To Finance Franchis... [Published Masress.com - May 15 2013]
NBE's Credit Card Holders Allowed To Buy Samsun... [Published Masress.com - May 15 2013]
S&P cuts rating on Egyptian banks after action ... [Published CPI Financial - May 14 2013]
S&P cuts rating on four Egyptian banks on debt ... [Published Reuters - May 14 2013]
Banks: We are most affected by downgrades [Published Daily Star Egypt - May 12 2013]
Money makes the world go round and round the wo... [Published Abu Dhabi National - May 12 2013]
Middle East real estate on the rise [Published FTSE Global Markets - May 08 2013]
Egypt's painfully slow PPP recovery [Published Project Finance Magazine - May 08 2013]
E-Finance to operate new electronic petroleum s... [Published Daily Star Egypt - May 07 2013]
Industrial Development Bank Decides Upon Financ... [Published Masress.com - May 07 2013]
Ahli United Bank Contributes EGP 200 Mln To Mob... [Published Masress.com - May 07 2013]
Banks Supply ATMs With More Funds In Easter Hol... [Published Masress.com - May 05 2013]
Bank Audi Contributes US$ 22 Mln To Best Africa... [Published Masress.com - May 05 2013]
EGB, Bank Audi Join Consortium Funding MAF Holding [Published Masress.com - May 04 2013]
Industrial Development Bank Cooperates With NBE... [Published Masress.com - May 03 2013]
Taxis enter third phase [Published Al Ahram - May 03 2013]