State-owned Misr Petroleum Company and Petroleum Cooperative Society Company (COOP) seek to obtain an EGP 1.25b loan from the National Bank of Egypt (NBE) in order to support the working capital turnover and pay dues ...
Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing of an Egyptian loan contract to fund Phase 1 of the construction of a pier and a center for the trade and storage of oil products in Ain...
The National Bank of Egypt (NBE) has received a $700m (EGP 5.5b) loan from the China Development Bank to finance infrastructure projects in different sectors, Ahram Online reported. The loan will be invested in the en...
A coalition of banks led by the National Bank of Egypt (NBE) is offering Egypt’s state-run Egyptian Electricity Transmission Company (EETC) financing worth EGP7b ($894m) to be repaid over 15 years, Amwal Al Ghad repor...
The total amount of syndicated loans the National Bank of Egypt has made to the electricity sector over the past 5 years is approximately EGP39.4b, according to NBE Deputy Chairman, Mahmoud Montasser. Daily News Egypt...
Ayman Yassin, Head of Corporate Banking Group at the NBE told Daily News Egypt in an interview that the petroleum sector’s loan for the fiscal year of 2014/2015 had reached 40bn, in comparison with 27bn in the f...
A new banking consortium, involving two of Egypt’s biggest public banks, the National Bank of Egypt (NBE) and Banque Misr, plans to secure a multi-billion Egyptian pound syndicated loan for a power plant in Red Sea, a...