NBE signs EGP 793.9m long-term financing contract for Nile Wood Company
The agreement was made as part of the Central Bank of Egypt’s (CBE) initiative to support clients in industrial, agricultural, and contracting activities.
Egyptian member in UN’s ECOSOC body re-elected for 2021-2024
Ezz El-Din won 49 of total 54 votes in elections held on 14 September
Faisal Islamic Bank records EGP 112.751bn in business volume during August
Bank’s total accounts grew 13.6% to about EGP 93.083bn last month
Master Group launches EGP 6bn City Oval project at NAC
Speaking at a press conference on Tuesday, the company’s CEO, Mohamed Lashin, said the project is the company’s second at the NAC. It will be constructed on a 12-metre high…
UAE, Israel, Bahrain sign deals formalising ties in White House ceremony
Israeli Prime Minister Benjamin Netanyahu and the foreign ministers of the United Arab Emirates and Bahrain signed the accords, marking a prominent geopolitical change in the Middle East.
South Korea Ambassador visits Egypt’s Aswan to enhance mutual cooperation
During the meeting, the two sides discussed possible ways to enhance cultural and economic exchanges between Egypt and South Korea.
Egypt collects EGP 6.9bn in building violation reconciliation fees
Government deducts 25% of reconciliation value in case of immediate payment of whole amount
Ministry of International Cooperation Signs 3 agreements Worth $885 million with Arab Funds Since Jan 2020
Finance agreements aim to support Sinai Peninsula Development Program, strengthen capacity of Health Ministry to combat COVID-19
Banks explore repayment options of deferred loan instalments during COVID-19
Complete inventory is being undertaken of clients benefiting from CBE loan deferral initiative
Russia offers help in COVID-19 vaccine distribution in Egypt: Ambassador
‘We believe vaccine will be ready for public use in Russia by October,’ says Ambassador Borisenko
