A large Egyptian bank enters the Saudi market


Today, Tuesday, the Saudi Cabinet gave approval for a license to the National Bank of Egypt to open a branch in the Kingdom; According to the agency “SPA”.

Today, the Saudi Cabinet held a session chaired by King Salman Abdulaziz, during which it took several decisions, including approving the license of the National Bank of Egypt.

And the Saudi Minister of Finance was authorized to decide on any subsequent request to open other branches of the bank in the Kingdom.

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