Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
The International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to…
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Al Baraka Bank of Egypt
Egypt’s Al Baraka Bank may borrow $55mln from IFC
Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
Banque Du Caire, 11 Banks Secure EGP3 bn Loan for Petroleum Sector
Banque Du Caire S.A.E. along with 11 banks signed on Monday financing contracts worth EGP3 billion (around $431…
Majid Al Futtaim Disburses 1st Tranche of US$500mn Egypt Loan
Dubai-based developer Majid al Futtaim (MAF) announced on Thursday the disbursal of EGP170 million, worth of the…
Al Baraka Bank Egypt: Profits Surge 22.04% in 2013
Al Baraka Bank of Egypt reported an increase worth EGP 29.9 million or 22.04% in its profits to hit EGP 165.7…
Al Baraka Bank Egypt Eyes 15% Growth Rates, 5 New Branches in 2014
Al Baraka Bank of Egypt is planning to increase its volume of growth rates by 15% within 2014. Ashraf El Ghamrawy,…
SAIB Says to Inject EGP1.54 bln in SMEs within 2014
Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in the SMEs…
With Participation of 12 Banks, SAIB Leads Arrangement of EGPC’s EGP2bn Loan
Société Arabe Internationale de Banque (SAIB) has signed on Tuesday the long-awaited agreement to arrange, manage…
SAIB Pumps EGP200 mln in MAF’s Mall of Egypt Loan
Société Arabe Internationale de Banque (SAIB) has pumped on Sunday EGP 200 million as pursuant to the Dubai-based…
Al Baraka Bank of Egypt Eyes To Inaugurate The 30th Branch This Week
Al Baraka Bank of Egypt is planning to inaugurate a new branch in Nasr City within this week , it is the branch…
