Emirates NBD Egypt is leading in trade finance and cash management
The bank seeks to become a major player in financing new projects and development initiatives...
Tag : EGYPT
Egypt, US to extend economic cooperation through 2021-25
The ongoing cooperation is worth $1 billion across, reflecting Egypt’s commitment to economic development...
CIB slumps as chairman steps down under central bank orders
Former chairman Hisham Ezz al-Arab was urged to step down from his position over governance concerns...
Egypt civil aviation’s funding portfolio stands at $225.7 mn
The Ministry of International Cooperation firmly believes that the aviation industry is partly responsible for the national development...
Blockstream CEO expects bitcoin to hit $1 tn mark by 2022
For this to come true, the market will need to witness an increase of around 400% in the next two years...
Oil giants BP, Eni announce gas field discovery in Egypt
The discovery has been made at the Nidoco NW-1 exploratory well...
STC says no agreement with Vodafone to acquire its unit in Egypt
STC earlier signed a MoU to acquire a 55% stake in Vodafone Egypt...
Egypt targets investments worth $3 bn in its electricity sector during 20/21
It will be around 6.1% of the country’s total investments...
Egypt signs $2 bn loan with regional and international banks
Emirates NBD Capital and First Abu Dhabi Bank are the joint coordinators and lead managers of the deal...
Renewable energy accounts for 20% of Egypt’s electricity production: Minister
In the last five years, Egypt added over 28,000 MW of power production capacity...