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Banks
BM Studies EGP 210 mln Loan For Orascom Construction
Banque Misr studies participating in the US$ 300 million loan for Orascom Construction Industries with US$ 35…
NBE Finances Microenterprises with EGP 600 mln
National Bank of Egypt allocated EGP 600 million to finance microenterprises through civil society organizations,…
UBE Considers EGP 100 mln Loan For Egyptians Iron Factory
United Bank is currently studying participating with a value of EGP 100 million in the syndicated loan arranged by…
Bank Audi’s Loan and Credit Facilities Portfolio Posts EGP 7.8 bln In 2011
Bank Audi’s loan and credit facilities portfolio grew by 10.9% or EGP 771.9 million registering EGP 7.882 billion…
Net Operating Income of Al Baraka Bank Egypt Rises by 54% in 2011
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced that it had…
World Bank Launches New Lending Strategy For Turkey
The World Bank on Tuesday launched a new lending strategy for Turkey, providing up to US$4.45 billion over the next…
UAE’s UNB To Fund SMEs
Dubai Abu Dhabi headquartered Union National Bank (UNB) is instituting a new award targeted at small and mid-sized…
Saudi’s NCBC To Launch 4 Funds This Year
NCB Capital, the investment arm of National Commercial Bank - the Saudi Arabia’s biggest bank by assets - plans to…
Foreign Investors Are Wary of Raising Exchange Rates; Bankers
Banking experts demanded that exchange rate shall be determined by supply and demand factors…
Egypt’s Reserves Exhausted On Political Tensions
The war of words that erupted this week between the ruling military council and the Muslim Brotherhood means an IMF…
