Tag: NBE
Egypt Headlines

Egypt: Businesswomen Get EBRD Support

North Africa PostComments Off on Egypt: Businesswomen Get EBRD Support

National Bank of Egypt (NBE,) largest commercial bank in the North African country, has launched “Women in Business (WIB)” program aimed at strengthening the role of women entrepreneurs in the Egyptian economy This initiative has gained the full support of the European Bank for Reconstruction and Development (EBRD) which helps NBE to provide a comprehensive […]
Business Finance

EBRD Supports Egypt International Trade With $50 Mln Loan

North Africa PostComments Off on EBRD Supports Egypt International Trade With $50 Mln Loan

The European Bank for Reconstruction and Development (EBRD) has lent the National bank of Egypt (NBE) US$ 50 million to help and encourage Egyptian companies engage more in international trade operations. This trade credit line is the second part of a US $ 100 million facility, the first part of which comprised a US$ 50 […]
Business Emerging Markets

Egypt’s economic transition faces new challenges

North Africa PostComments Off on Egypt’s economic transition faces new challenges

Several developments have marked Egypt’s economic circle from different spheres in recent times leaving negative marks on the country’s desire to revive its economy and political crisis. The Prime Minister Hisham Qandil affirmed that they are dealing with major economic and democratic transition challenges. He added that the government is working on achieving the people’s […]