Emirates NBD Egypt Wins the Prestigious 'Best Bank for Cash Management - North Africa 2025' Award from The Digital Banker
Since entering the Egyptian market in 2013, Emirates NBD Egypt has firmly established itself as a trusted financial partner, leveraging its deep regional expertise and a forward-thinking strategy to drive economic growth. The bank offers an integrated suite of financial services tailored to meet the evolving needs of businesses in line with emerging industry trends. As of March 2025, the bank operates a robust network of 62 branches and approximately 338 ATMs across the country, ensuring accessibility to customers nationwide. As the financial sector continues to evolve, Emirates NBD Egypt remains steadfast in its mission to deliver innovative solutions that create tangible and positive impact for its customers, reaffirming its pivotal role as a leading banking institution actively contributing to Egypt's Vision 2030 and sustainable economic growth. Google News تابعونا على تابعونا على تطبيق نبض
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
16 hours ago
- See - Sada Elbalad
Amb. Ahmed Abu Zeid: Egypt-EU Partnership as Model for Cooperation & Development in Middle East
Interview by Mohamed Wadie In the context of the extensive and complex relations between Egypt and the European Union, which have roots spanning decades, Ambassador Ahmed Abu Zeid's role in Brussels stands out as a central link between Cairo and Brussels. These relations, considered a model of comprehensive strategic partnership, cover diverse fields including economy, security, culture, and education. In our interview with Ambassador Ahmed Abu Zeid, we review the depth and dimensions of this partnership, highlight key milestones in its development, and discuss the challenges and opportunities it faces amid current geopolitical and economic changes. Egyptian-European Relations: A Historical Continuity and Diverse Fields of Cooperation Ambassador Ahmed Abu Zeid explains that the relations between Egypt and Europe are not a recent development but are deeply rooted historically and extend over many decades, covering numerous areas such as economy, security, culture, and migration. These relations were founded on the Egypt-European Partnership Agreement signed in 2004, which established specialized committees covering trade, transport, migration, as well as technological and educational issues. The importance of continuous political dialogue is also emphasized through the Joint Cooperation Council between the Egyptian Foreign Minister and the EU High Representative for Foreign Affairs and Security Policy. The Comprehensive Strategic Partnership: A Turning Point A decisive turning point came last year with the signing of the comprehensive strategic partnership, which elevated the level of relations between Egypt and the European Union to new heights. This partnership is granted to only a limited number of countries, confirming Egypt's importance as the first country in the Middle East and North Africa to receive this distinguished status, reflecting Egypt's pivotal role for the EU and vice versa. European Financial Support to Egypt: A Comprehensive Package for Economic Stability Ambassador Abu Zeid focuses on the financial support package decided by the EU for Egypt under this partnership, totaling 5 billion euros, including 1.8 billion euros in direct financial support, investment guarantees, and grants for migration projects amounting to 200 million euros. The package is divided into two tranches: the first tranche (1 billion euros) was disbursed at the end of last year, and the second (4 billion euros) was recently approved by the European Parliament and the European Council to begin disbursing before the end of this year. This support comes at a critical time amid global and regional economic crises, including food and energy crises and maritime security tensions affecting the Suez Canal and Egypt's economic returns. The disbursement is contingent on a comprehensive economic reform program done in cooperation with the IMF, which required extensive negotiations with European parliamentarians to ensure proper management that benefits Egypt and the region. Geopolitical Challenges and Their Impact on Egyptian-European Cooperation The ambassador points to regional and global challenges facing both Egypt and the EU, such as conflicts in the Middle East, peace crises, and the Russia-Ukraine war, which have caused disruptions in supply chains, energy, and food. These crises require multilateral diplomatic dialogue to maintain stability and peace, demonstrating the importance of the strategic partnership in confronting shared challenges. He also stresses the need for the European Parliament to understand Egypt's regional role in supporting peace and conflict resolution, which builds credibility and growing support for these relations. Future Prospects: The Upcoming Summit and Partnership Dynamics Egypt and the EU view the coming period as an opportunity to strengthen the partnership, especially with the first summit within the framework of the comprehensive strategic partnership, expected to create strong dynamics in relations and rearrange priorities and political, economic, and security interests for both parties. This summit comes at a time when the region and the world face complex challenges that require combined efforts amid financial and debt crises, international law challenges, and security and economic issues. This dialogue reflects a clear vision and confidence in the depth of the Egypt-EU partnership, founded on shared interests and mutual support in facing contemporary challenges. Ambassador Ahmed Abu Zeid, with his extensive diplomatic experience, provides an objective and comprehensive picture of today's Egypt-European relations and their vital future. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
Daily News Egypt
2 days ago
- Daily News Egypt
Egypt's Foreign Minister opens business forum in Senegal to boost trade
Egyptian Foreign Minister Badr Abdelatty on Friday led a business delegation to Senegal, where he opened a bilateral business forum and a new Egyptian factory, as part of a push to deepen economic ties. Abdelatty participated in the Egypt-Senegal Business Forum in Dakar, alongside Senegalese Minister of Commerce and Industry, Serigne Gueye Diop, and other senior officials and private sector representatives from both countries. The Egyptian delegation included 30 business leaders and representatives from major companies and associations, including the Federation of Egyptian Industries, the Export Council for Medical Industries, and the Egyptian General Petroleum Corporation. The forum provided an opportunity for companies from both countries to discuss partnerships and joint projects in sectors including agriculture, pharmaceuticals, infrastructure, mining, and renewable energy. In his opening remarks, Abdelatty praised the historical relations between the two countries, which are celebrating 65 years of diplomatic ties. He affirmed Egypt's full support for Senegal's five-year development plan and its 2050 national vision, stressing Cairo's readiness to share its expertise and support Senegal's development path. Senegalese officials welcomed the high-level Egyptian delegation, calling the forum the launch of a new phase of economic and investment cooperation. They praised Egypt as a successful model for development and investment in Africa and expressed their readiness to provide all necessary support and facilities to Egyptian businesses looking to invest in the Senegalese market. Separately on Friday, Abdelatty inaugurated an Egyptian 'Siltal Africa' factory for the production of electrical appliances in Dakar, in the presence of Minister Diop. During the opening, Abdelatty said the industrial project was an important step towards enhancing Egyptian economic activity on the African continent and reflected the state's vision of achieving joint development with African nations. The Senegalese minister of commerce and industry praised Egypt's role in supporting projects and investments in Senegal and contributing to the transfer of expertise.
Egypt Independent
2 days ago
- Egypt Independent
FM: Egyptian economy has promising investment chances
CAIRO/BAMAKO, July 24 (MENA) – Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty affirmed that the Egyptian economy—being one of the largest economies in the African continent—possesses promising investment opportunities and extensive cumulative expertise in implementing strategic projects in sectors such as infrastructure, agriculture, energy, dams, pharmaceuticals, and telecommunications. He also highlighted the significant progress Egypt has achieved in both industrial and service sectors. Abdelatty's remarks came while inaugurating the Egypt-Mali Business Forum on Thursday in Mali's capital, Bamako. A high-level Egyptian delegation of 30 business leaders, CEOs, and representatives of major Egyptian companies across various fields participated in the forum. In his opening speech, Abdelatty said the forum marks a new and important milestone in strengthening economic and trade partnerships between Egypt and Mali. He emphasized that it opens unprecedented opportunities for the private sectors in both countries to develop partnerships based on integration and trust, in line with the depth of historical ties and the economic potential of both nations. The foreign minister stressed that Egypt-Mali relations are currently witnessing unprecedented momentum and that the forum serves as a significant starting point for boosting trade exchange, encouraging industrial and investment partnerships, and enhancing cooperation between the business communities of both countries. He described the forum as a practical first step toward strengthening institutional cooperation. He pointed out to joint efforts that have led to the formation of an economic working group, as well as ongoing efforts to establish an Egypt-Mali Business Council to activate cooperation opportunities across various sectors. He expressed Egypt's sincere desire to expand its investments in the Republic of Mali, especially in sectors prioritized by the Malian government, such as textiles, wood products, and pharmaceuticals. For his part, Mali's Minister of Industry and Trade Moussa Alassane Diallo emphasized the special importance that the Malian government places on enhancing cooperation with Egypt. He praised Egypt's vast expertise in supporting development across Africa. He also expressed Mali's aspiration to benefit from Egypt's pioneering experience in several key sectors. He affirmed that the holding of the forum reflects a shared political will to elevate economic and investment cooperation between the two countries. (MENA)
