NATIONAL BANK OF EGYPT NBE is the largest commercial bank in Egypt, and is entirely owned by the Government of Egypt. With total assets of USD 102 billion as at June 2019, NBE has a market share of 29-30% by assets, loans and deposits. ...
The Central Bank of Egypt ‘s monthly inflation report revealed that the annual rate of core inflation decreased to 23.7 percent in November, compared to 24.4 percent in October. This coincided with a decrease in the monthly core inflation rate to 0.4 percent in November 2024, compared to 1 ...
🏚️ Key Insights on the UK property market 2023/2024: In December 2023, the average property price in the UK was £284,691, with an annual price change of -1.4% from December 2022 (according to UK House Price Index). However, Nationwide Building […] ...
The EBRD is considering a financing package of up to USD 80 million to the National Bank of Egypt. The facility will comprise of (i) a senior loan of up to USD 30 million for on-lending to private small and medium-sized enterprises (“SMEs”); (ii) a USD 20 million pilot Women–in...
In 2017, the overall Gini Index of Egypt was estimated at 0.31 by the World Bank31, indicating considerable income discrepancies. We use the framework to identify efficient policy portfolios for Egypt’s economy aligned with targets related to five SDGs. These targets are enhancing GDP growth (...
World Bank, ADB project China GDP growth of 5.2% in 2023 The World Bank has predicted China's economy will have grown 5.2 percent in 2023, with momentum expected to stabilize in the ne... Source:China Daily Pub Date:23-12-15 10:59 Mainland-made planes showcased in Hong Kong The visit...
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State Department announces that Blinken will travel to Egypt on Wednesday and meet local officials to discuss ongoing efforts to reach a ceasefire in Gaza that secures the release of all hostages.Elad BenariSep 17, 2024, 4:13 AM US urges citizens: 'Do not travel to Uman for Rosh Hashanah'...
Provision of a US$ 150 million loan to National Bank of Egypt (NBE) alongside a US$ 600 million club deal that includes international commercial lenders.