Banque Misr-led banking consortium arranges EGP 1.26 bn loan for Cairo 3A
Cairo 3A Poultry has secured a 1.255 billion Egyptian pounds syndicated long-term loan from a banking consortium…
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SMEs portfolio at Banque Du Caire captures 20 %
Small and Medium Enterprises portfolio in Banque du Caire (BDC) captures 20 percent of the bank’s credit portfolio…
MSMEDA pumps EGP 1.1bn into 55k projects in Qena
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has granted 1.1 billion Egyptian pounds to…
Banque du Caire arranges EGP 670m syndicated loan for Marakez Mall 2nd phase
Banque du Caire has arranged a 670 million Egyptian pounds syndicated loan contract in favour of Marakez company…
Lebanese BLOM Bank studies sale of Egypt’s unit
Lebanon-based BLOM Bank is studying sale of its stake in BLOM Bank Egypt as part other strategic options amid the…
Attijariwafa Bank Egypt pumps EGP 505m into issuance of 3 securitisation bonds
Attijariwafa Bank Egypt has pumped a total of 505 million Egyptian pounds into three securitized bond issues during…
New SMEs law provides incentives for innovative entrepreneur, says minister
The new SMEs Act is paying attention to entrepreneurship projects that offer new products and services to meet…
EG Bank’s standalone profit inches up 2 % during H1
the Egyptian Gulf Bank (EG Bank) showed net profits of 317.03 million Egyptian pounds during the first half (H1) of…
CIB participates with EGP225mmln in Raya’s 2nd securitized bond offering
Egypt's Commercial International Bank (CIB), the largest private bank in the country, has pumped a total amount of…
Faisal Islamic Bank reports a decline in profit by 54% during Q1
The consolidated financial results of Faisal Islamic Bank of Egypt showed a 53.6 percent year-on-year (YoY) drop in…