National Investment Bank refutes liquidation reports, puts restructure plan into operation
It is part of Egypt’s structural reform programme
Latest in Tag: National Investment Bank Highlight
Latest in Tag: National Investment Bank
NI Capital closes ‘Seyola’ cash fund subscription at EGP 1.075bn
Company’s success in first cash fund is evidence of its distinguished position in NBFS, says Hala El-Said
Domestic public debt records EGP 4.205tr in end-March
Domestic debt records 79% of GDP, of which 86.4% is owed by the government, 7.3% by public economic bodies and 6.3% by National Investment Bank
Government’s debt-to-asset swap with National Investment Bank underway
Egyptian National Railways settled EGP 15.7bn worth debt to NIB, says planning minister
NIB drops suits against electricity companies before Economic Court
Negotiations with government agencies to schedule EGP 200bn during current year, says Montaser
NREA pays EGP 180m of debt to NIB
The New and Renewable Energy Authority (NREA) paid EGP 180m of its EGP 3bn debt to the National Investment Bank. Mohamed El-Khayat, head of the NREA, told Daily News Egypt that debts have been accumulating since 2007 and repayment was agreed to be rescheduled over 10 years starting this year. The NREA has thus paid …
Planning Ministry considers offering National Investment Bank’s companies on EGX
Ministry plans to restructure state-run newspapers, Egyptian Radio and Television Union over 3 years
NI Capital to complete evaluation of EETC assets in 3 months
The company owes NIB EGP 28bn in late dues
House of Representatives asks Ministry of Finance, Holding Company for Spinning and Weaving, and National Investment Bank to sign a tripartite agreement to repay debts
The agreement aims to pay dues and to provide financial liquidity to buy raw materials, says parliamentary official
Planning, investment ministers agree on financing Misr Spinning and Weaving
Salman, Araby discuss iron and steel development via imported raw materials and cooperation to increase production
52.5% growth in railway passengers in August: IDSC
Number of railway passengers reached 15.4 million
NIB funds EGP 270m in public housing projects this year: Board Member
National Investment Bank looks to finance housing projects in framework of state support for social housing projects
Ministry of Finance denies mixing pensions and state budget
Ministry asserts it did not embezzle or waste EGP 400bn from the insurance fund