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Kuwait’s Gulf Cryo seeks EBRD’s $15 mln loan for Egypt expansions
Gulf Cryo Egypt, part of the Kuwaiti industrial and medical gases manufacturer, says it is negotiating a loan…
Exclusive: shares of 5 banks in Telecom Egypt’s 4G Loan
A consortium of five Egyptian banks will sign the final loan agreement worth 13 billion Egyptian pounds ($735.7…
EBRD signs $75 mln SME loan deal with Egypt’s oldest bank
Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank for…
Egypt issues €692.9mn one-year treasury bills auction: c.bank
Egypt has sold 692.9 million euros in one-year euro-denominated treasury bills to local and foreign financial…
Average yields on Egypt’s 3- and 7-year T-bonds jump
The average yield on Egypt’s three- and seven-year treasury bonds rose at an auction on Monday, central bank data…
Fed’s Harker eyes inflation, stands by Fed rate hike next month
A Federal Reserve official said Monday he expects to support an interest rate hike next month despite caution over…
East Mediterranean Gas to pay $174 mln in debt to Egypt’s NBE bank
Egypt's Court of Cassation has rejected an appeal by the East Mediterranean Gas Company against a 2016 ruling…
Egypt’s CI capital inks deal with Saudi Al Rajhi to trade in securities
Investment bank CI Capital signed an agreement with Saudi Arabia-based Al Rajhi Capital, a unit of Al Rajhi Bank,…
Abu Dhabi Islamic Bank-Egypt 9-month profits jump to 500.7mn pounds
Abu Dhabi Islamic Bank-Egypt (ADIB) said Sunday its nine-month profits jumped to 500.7 million Egyptian pounds…
Bitcoin plunges after upgrade is called off, but offshoot ‘bitcoin cash’…
Bitcoin fell Friday to its lowest since November 1 as traders bet on its offshoot, bitcoin cash, instead. The…