Money Banque Misr-led banking consortium arranges EGP 1.26 bn loan for Cairo 3A mohamed Hamdy Aug 23, 2020 0 Cairo 3A Poultry has secured a 1.255 billion Egyptian pounds syndicated long-term loan from a banking consortium…
Featured Egypt puts state-companies stake sales on ice due to “unfavourable” market: minister Amwal Al Ghad English Jun 30, 2020 0 Egypt has shelved its plan to sell stakes in state-owned companies due to the “unfavorable” market conditions…
Money Banks secure EGP376 mln to Mashroak initiative during April mohamed Hamdy May 3, 2020 0 Banks in Egypt financed 1,000 small and medium-sized enterprises with 378 million Egyptian pounds as part of The…
Featured Egyptian banking sector’s net profits reach $4bln during 2019 Amwal Al Ghad English Apr 22, 2020 0 Banks operating in the Egyptian market achieved net profits of 83 billion Egyptian pound ($ 4 billion) by the end…
Featured Egypt’s BDC net profits jump 60% during 2019 Amwal Al Ghad English Feb 18, 2020 0 Banque du Caire’s (BdC) net profits jumped 60 percent year on year to record 4 billion Egyptian pounds in 2019,…
Money Egypt’s Banque Misr mandated lead arranger for Beshay Steel loan mohamed Hamdy Dec 25, 2019 0 Egypt’s Banque Misr said on Monday it took part in a syndicated loan facility worth 2.9 billion Egyptian pounds…
Stocks Two expected IPOs bring hope to Egypt’s subdued market in 2020 Amwal Al Ghad English Dec 10, 2019 0 Egypt’s ailing stock market could find a much-needed jolt of liquidity from two state-owned enterprises set to go…
Money Banque Du Cairo launches internet banking, awaits mobile banking licence nod Abdel Halim El Gendy Apr 21, 2019 0 Egyptian state-run lender Banque du Caire launched Thursday the internet banking for individuals and it would be…
Featured BDC pumps EGP3bln into corporate funding during Q1 2019 aya salah Apr 6, 2019 0 Egypt’s state-run lender Banque du Caire has pumped 3 billion Egyptian pounds ($173.3 mln) into corporate funding…
Banks BDC to acquire NBE, Banque Misr shares in Cairo International Bank – Kampala Islam Salah & Gehad Abdelghany Mar 24, 2019 0 Banque Du Caire is seeking to acquire both National Bank of Egypt and Banque Misr shares in Cairo International…