In an effort to further promote Egypt’s cultural heritage and empower small and micro enterprises, the Micro, Small and Medium Enterprise Development Agency (MSMEDA) will launch a mini edition of …
NBE
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HighlightsNews
National Bank of Egypt Sponsors Cairo ICT 2025 as Part of Its Strategy to Power Egypt’s Digital Future
Reaffirming its position at the forefront of digital transformation and financial innovation, the National Bank of Egypt (NBE) returns this year as the official sponsor of Cairo ICT 2025—the flagship …
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News
Soha El-Turky Highlights NBE’s Regional Financing Leadership with EGP 402 Billion in Syndicated Loans
The National Bank of Egypt (NBE) has once again affirmed its leading role in the region’s financial sector, successfully managing 25 syndicated loan transactions with a total value of EGP …
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HighlightsNews
El-Etreby Secures Second Term as Union of Arab Banks Chairman, Honored for Championing Women’s Empowerment
In a move that reflects continued confidence in Egyptian banking leadership at the regional level, Mohamed El-Etreby, Member of the National Council for Women, Chairman of NBE, and Chairman of …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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Economy
NBE, Fawry, National Authority for Social Insurance Ink New Protocol to Enhance e-payment in Egypt
The National Authority for Social Insurance, the National Bank of Egypt, and Fawry for electronic payments have signed a significant protocol to advance electronic payment systems. By joining forces, these …
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As trading began on Thursday, July 18th, the US dollar (USD) saw a marginal decline against the Egyptian pound (EGP), a noteworthy development in the financial market. The Federation of …
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The exchange rate of the United States Dollar remained stable at the beginning of Tuesday’s transactions at Egypt’s major banks. The National Bank of Egypt (NBE), Banque Misr, and the Commercial International …
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The National Bank of Egypt (NBE) has acquired a 24% Egyptian Arab Land Bank’s stake in Hyde Park Developments, a leading real estate developer. This a move to diversify its …
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On Sunday, the dollar fell from EGP 50.70 in some banks to EGP 47.76 to buy and EGP 47.90 to sell. Today, the dollar price at the Central Bank of …