Egypt settles EGP 401.9B in NIB debts: Rostom

Egypt has settled EGP 401.9 billion in debts and financial entanglements involving the National Investment Bank (NIB), resolving more than 95% of the bank’s non-performing assets since February 2026, Minister of Planning and Economic Development Ahmed Rostom said.

Speaking during a plenary session of the Senate, Rostom noted that the settlements involve the General Authority…