CBE received close to $1B in Chinese Yuan from China Development Bank

Tue, 31 Oct 2023 - 11:23 GMT

The ¥7 billion will be used to finance projects agreed upon at the BRI summit as well as the nine programs outlined in the Africa-China Cooperation forum in 2021

NBE signs $600M loan contract with China Development Bank

Thu, 06 Sep 2018 - 12:28 GMT

NBE announced in an official statement that the contract was signed at the China Development Bank HQ in Beijing.

Banque Misr inks deal to establish Chinese-African alliance of banks

Thu, 06 Sep 2018 - 08:49 GMT

The consortium aims to foster China-Africa cooperation as well as trade and investment relations, Banque Misr said in a statement.

Trade Minister to open China-Arab States Expo Wednesday

Tue, 05 Sep 2017 - 12:58 GMT

On the sidelines of the exhibition, Egypt will hold a conference to promote investment and trade between Cairo and Beijing.

Former senior China Development Bank official jailed for 14 years for graft

Sat, 05 Aug 2017 - 08:18 GMT

China's anti-graft watchdog said on Saturday the former head of the supervisory board at China Development Bank.