The relationship between Egypt and China dates back to ancient times. During the past few the decades, the partnership has evolved materially with a notable progress in various economic and political areas. In 1999, National Bank of Egypt (hereinafter referred to as NBE) established a representative office in Shanghai, which was taken against the backdrop of increasingly frequent commercial exchanges between China and Egypt. Ten years later, in 2008, NBE Shanghai Representative Office was upgraded to a branch, which was not only an important step in NBE's internationalization strategy, but also a milestone event in the development of Arab banking industry in China. The NBE Shanghai Branch ...