Egyptian pound flotation poses challenges for banks’ 2016 financial positions
The decision of the flotation of the pound towards the end of last year affected all banks in the banking sector…
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Ahli United Bank
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
Ahli United Bank launches new initiative to promote Egypt exports
Ahli United Bank – Egypt, part of Bahraini Ahli United Bank Group, has launched late Saturday a new initiative to…
Four banks mull $78.8 mln financing for Egyptian property project
Four Egyptian banks are considering a multi-million Egyptian pounds finance in favour of a property project in one…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Egypt’s Global Lease inks $77mn loans with four banks
Egyptian Global Lease Company signed loans estimated at 600 million Egyptian pounds (US$76.6 million) with four…
NBE arranges developer Misr Italia’s loan
A banking consortium consisting of the National Bank of Egypt (NBE), Ahli United Bank, and Bank Audi-Egypt will…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Ahli United Bank braces for 4 Branches, Mobile Banking Service
Ahli United Bank - Egypt (AUB) is seeking to inaugurate four branches in the second half of 2015, Head of the…
