EMPC to Take Over NBE Stake in Arabian Hotel

• Monday, 16th December 2019
• by Invest Gate

The Egyptian Media Production City’s (EMPC) board has ratified the acquisition of the National Bank of Egypt's (NBE) stake in Arabian Hotel Media Production City Co. at EGP 115 per share

NBE Offers EGP 200 mn Funding to Social Housing Project

• Sunday, 28th May 2017
• by Menna A. Farouk

The National Bank of Egypt (NBE) will donate EGP 200 mn to finance the construction of “Ahalina” social housing project, Invest-Gate reports.

Head of Dreamland Group Loses His Assets to Egyptian Banks

• Monday, 23rd January 2017
• by Farah Montasser

Head of Dreamland Group, Ahmed Bahgat, has been ruled by the court to pay a total of EGP 600 mn to Banque Misr and National Bank of Egypt (NBE) as well as selling the group’s assets

Housing & Development Bank Funds 50% of Egypt’s Social Housing Projects

• Thursday, 12th January 2017
• by Yasmin El-Beih

The Housing & Development Bank (HDB) is currently financing 50% of social housing projects achieved to this day, Invest-Gate reports.

NBE Funded Purchase of 12,500 Units for Low-income Citizens

• Monday, 19th September 2016
• by Fatma Khaled

The National Bank of Egypt (NBE) has financed the purchase of 12,500 housing units for low-income citizens at a cost of over EGP 1 million, according to NBE Chairman Hisham Okasha.

NBE to Finance EGP 300M in a Syndicated Loan of EGP700M to Real Estate Project

• Monday, 29th August 2016
• by Heba Eid

The National Bank of Egypt agreed to co-finance a real estate company with EGP 700 million towards an EGP 2 billion project.

NBE Allocates EGP 700M to Mortgage Finance

• Friday, 3rd June 2016
• by Invest Gate

The National Bank of Egypt (NBE) has allocated an amount of EGP 700 million, for the purchasing of 8,600 apartments within the Central Bank’s mortgage finance initiative, to provide housing for low and medium-income ...