National Investment Bank (NIB)

Government owes LE266 bn to National Investment Bank: Planning Ministry
Egypt

Government owes LE266 bn to National Investment Bank: Planning Ministry

Sources from the Ministry of Planning, Follow-up and Administrative Reform revealed on Monday that government debts owed to the National…
Govt bank threatens state agencies over delayed debts
Egypt

Govt bank threatens state agencies over delayed debts

The Planning Ministry’s National Investment Bank has threatened to take legal action against several debt-defaulting government agencies, a source has…
NIB owed LE8 billion by public firms, bank says
Business

NIB owed LE8 billion by public firms, bank says

Public-sector companies owe Egypt's National Investment Bank (NIB) approximately LE8 billion, according to a bank estimate. Meanwhile, a prominent government…
End near for NIB, hints Boutros-Ghali
Business

End near for NIB, hints Boutros-Ghali

The National Investment Bank (NIB) will "not be around much longer," according to Egyptian Finance Minister Youssef Boutros-Ghali.The minister's curt…
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