Six deals signed for new industrial projects in Suez Canal Economic Zone
Egyptian Prime Minister Sherif Ismail witnessed Tuesday the signing of six contracts with investment companies to…
Browsing Tag
Ahmed Abu Hashima
Egypt steel producers increase prices by 5% on newly-adopted VAT
Egyptian steel producers have raised steel prices for the local market by 5 percent just after the government had…
Egyptian tycoon Abu Hashima acquires ONTV, Sout Alomma transfer just rumors
High profile Egyptian businessman Ahmed Abu Hashima acquired shares of satellite TV channel ONTV from the…
Egyptian steel tycoon says ready to rebuild flood-stricken village in 50 days
Egyptian steel tycoon and CEO of Egypt Steel Ahmed Abu Hashima said Monday he is ready to rebuild Ofouna Village in…
Egypt’s Steel Tycoon Urges Exempting Capital Commodities from Sales Tax
Egypt’s steel tycoon Ahmed Abu Hashima - owner of the Egyptian Steel Group – has renewed demands to exempt capital…
Sisi Urges Local Investors to Pump New Mega Projects – Oriental Weavers’ CEO
Egypt's President Abdel Fattah al-Sisi met on Wednesday with the country's prominent tycoons, seeking their…
Egyptian Steel Group to Obtain Long-awaited Bride Loan This Week
Egyptian Steel Group, owned by the Egyptian businessman Ahmed Abu Hashima, is expected within this week to receive…
SAIB Withdraws From Consortium Financing Egyptian Steel Group
Société Arabe Internationale de Banque (SAIB) withdrew from the consortium arranging EGP EGP 1.07 billion loan for…
Egypt Exports of Steel Record EGP496 mln
The Egyptian exports of iron and steel in January 2013 reached EGP 496 million, while the total exports in 2012…
Banque Misr Offers Egyptian Steel Group EGP 275 Mln Bridge Loan Next Week
Banque Misr will sign the definitive agreement of the EGP 275 million bridge loan offered to the Egyptian Steel…
Banque Misr Offers Egyptian Steel Group EGP 275 Mln Bridge Loan
Banque Misr has approved to provide Egyptian Steel Group, owned by the Egyptian businessman Ahmed Abu Hashima, a…
Audi, BM, SAIB To Provide EGP270 Mln Bridge Loan To Egyptian Steel
The three arrangers of the US$ 1.07 billion loan for the Egyptian Steel Group approved to offer a bridge loan…
Banque Du Caire Retreats From Contributing To Loan Offered To Egyptian Steel
Banque Du Caire withdrew its offer to contribute to the EGP 1.07 billion syndicated loan arranged for the Egyptian…
EALB Contributes EGP 150 Mn To Finance For Egyptian Steel Group
The Egyptian Arab Land Bank (EALB) approved contributing to the first Islamic syndicated loan arranged by Banque…
Misr Iran Won’t Contribute To Financing Egyptian Steel Factory
Misr Iran Development Bank withdrew its offer of contributing to the EGP 1.07 billion loan arranged for the…
11 Banks Show Willingness To Finance Steel Company
About eleven banks have given initial approvals to contribute up to 150% to the Islamic syndicated loan amounting…
Abu Hashima Joins MCDR Chairman On Campaign Trail In Egyptian FA Presidency
The Egyptian businessman Ahmed Abu Hashima has joined Mohamed Abdel Salam, the chairman of Misr for Central…
Loan Arrangers Invite Banks To Contribute To Egyptian Steel Finance Tomorrow
Banque Misr and Bank Audi will start tomorrow inviting Islamic banks and commercial banks with Islamic banking…
Gulf Banks Not To Finance Egyptian Steel Company On Qatari Partnership
Some of the Gulf banks retreated from contributing to the sharia-compliant syndicated loan amounting to EGP 1.07…
Eight Banks Approved Contributing EGP1.2 Bln To Abu Hashima Loan
Eight banks approved initially to contribute with up to EGP 1.2 billion to the syndicated loan worth EGP 1.07…
SAIB To Contribute With EGP 150 Mln To Egyptian Steel Finance
Société Arabe Internationale de Banque (SAIB) will be contributing with Banque Misr, Bank Audi and National Bank…
SAIB Studies EGP 50m In Abu Hashima’s Loan
Societe Arab Internationale du Banque (SAIB) is currently studying the possibility of participating with EGP 50…