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Money
Moody’s: GCC rift could affect Qatar credit quality via trade, capital flows
Credit rating agency Moody's Investors Service is concerned that the rift between Qatar and other regional states…
The top 10 Egyptian leasing firms at April-end
The Egyptian Financial Supervisory Authority (EFSA) reveals in a recent report the biggest leasing companies in the…
9 banks to fund Egypt coal power plant via 26.5bn pounds loan
A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
AAIB bank negotiating 250-300 mln Egyptian pounds financing
Egypt’s Arab African International Bank (AAIB) is seeking to obtain finances ranging between 250 million Egyptian…
Egyptian Government approves ¥10 bln loan from Japan
Egyptian Cabinet approves a loan agreement sign with Japan which will provide Egypt with ¥10 billion ( $89.8…
QNB Alahli Life Insurance assets reach 1.8 bln pounds
Total assets of QNB Alahli Life Insurance, one of the leading bancassurance players in the Egyptian market, rose…
BLOM Bank Egypt doubles Q1 profits to 222 mln pounds
BLOM Bank Egypt made a 99.7 percent rise in first quarter profits to record 222.045 million Egyptian pounds ($12.3…
Foreign investments in Egypt government securities jump 13%
Foreign investment in Egyptian government securities jumped 13 percent in the past week to hit 136 billion Egyptian…
U.S. Carlyle’s $700 mln Africa fund targeting two deals in Egypt
Carlyle Group, one of the world’s largest private equity firms, is seeing two buying opportunities in Egypt this…
Egypt: next review for IMF loan programme to be in Nov. or Dec.
Egyptian Minister of Finance Amr el-Garhy said Thursday that the next review for the country's $12 billion…