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National Bank of Egypt intends to invest five billion LE this year

The National Bank of Egypt, the largest government bank in Egypt, intends to invest up to five billion LE during 2024 in new projects and expand some currently existing ones, according to the CEO of Investments and Investment Trustees of the bank Ahmed al-Saeed during his talk with Al-Sharq. Saeed explained that new investments will …

The post National Bank of Egypt intends to invest five billion LE this year appeared first on Egypt Independent.

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Egypt, UAE agree to invest US$ 150 billion into Ras al-Hikma project

Egyptian Prime Minister Mostafa Madbouly on Friday revealed further details regarding the Ras al-Hikma development project, done in partnership between Egypt and the UAE. Madbouly said that the project will cover two stages. The first stage involves Emirati investments worth $35 billion that will enter the state within two months, of which the first installment …

The post Egypt, UAE agree to invest US$ 150 billion into Ras al-Hikma project appeared first on Egypt Independent.

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