Investment certificate with 66% interest

Nasser Social Bank announced the offering of a certificate with the highest return in the banking market, 66%, for a period of 3 years, to be disbursed at the end of the period. The bank is currently preparing to launch a day-to-day product to suit customer needs.

Dr. Mohamed Abdel Fadil, Vice Chairman of the Board of Directors of Nasser Social Bank for banking, investment, projects, financial, commercial and credit affairs, received Dr. Ashraf Zaki, Head of the Syndicate of Representative Professions, to discuss ways of continuing cooperation between the bank and the Syndicate.

Abdel-Fadil said that the bank provides all support and appreciation to art and the Syndicate of Acting Professions, as it is the largest professional gathering of creative people in Egypt and a beacon of art and creativity, as the bank signed a protocol with the union with the aim of providing decent means of living for creative people and their families, by providing banking services to the members of the union, including artists and employees of the union in all areas. The bank's various branches spread throughout all governorates of the Republic.

Afrexim Bank cooperates with 3 companies to stimulate the electric car industry in Egypt

Ayman Al-Zoghbi, Director of Commercial Investment and Corporate Finance at the African Export-Import Bank (Afrexim Bank), said in response to Amwal Al-Ghad’s question that the bank is currently cooperating with 3 companies, including two Egyptian companies and an African company, to stimulate the electric car sector.

Al-Zoghbi added that two topics are being worked on in this file: the assembly of electric cars, especially those related to mass and public transportation, as well as the industries feeding the automobile industry, which, with their development, can be exported to European markets.

He pointed out that the bank is adopting a clear strategy to localize the automobile industry in Africa, and is working with a number of international companies to attract them to pump their investments in this field on the continent and Egypt, in the field of electric buses.

The National Bank reveals the maximum monthly limit for purchases and withdrawals for customers in dollars inside Egypt

The National Bank of Egypt said on its official website that for customers who hold current and new credit cards inside Egypt, as well as those who are outside it for purposes other than education or treatment, and who have not submitted documents proving their travel, they can use their credit cards in foreign currency, according to the daily or monthly maximum of $250 for purchases. Or withdraw cash together or its equivalent in other foreign currencies.

The National Bank has set the maximum amount of a single transaction for purchases in foreign currency as the entire credit limit of the card, not exceeding the specific specifications for each card product.

The National Bank of Egypt indicated in its message to customers that if the customer has more than one National Bank of Egypt credit card, the monthly maximum limit for the total number of uses in foreign currency for all your credit cards is the monthly maximum limit for the highest card product in his possession.

The Giza Chamber of Commerce launches a fund to receive donations to support Gaza under the supervision of the governorate

Engineer Osama Al-Shahed, President of the Giza Chamber of Commerce and a member of the Board of Directors of the Federation of Egyptian Industries, announced the launch of a financial fund to mobilize donations from merchants affiliated with the Chamber who wish to direct them to support relief operations for the benefit of the Palestinian people, who are being subjected to brutal attacks that rise to the level of war crimes.

Al-Shahed confirmed, in a press release by the Chamber, that the Chamber’s General Assembly includes more than 169,000 merchants in its membership, who have a desire to take positive action towards providing all aspects of support and assistance to save our Palestinian brothers in the Gaza Strip, and to donate to this fund, which will be under the supervision of the Giza Governorate.