South Valley Cement Endorses EGP1.3bn Loan Deal with 5 Banks
South Valley Cement Company (SVCC)’s board of directors ratified on Wednesday the long-term syndicated loan…
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Arab African International Bank (AAIB)
Arab African International Bank is a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA). With each party holding a 49.37% stake, the Central Bank of Egypt and the Kuwait Investment Authority are the core of AAIB’s shareholder base.
South Valley Cement to Endorse EGP1.3bn Loan Contract with 5 Banks Today
Egypt’s South Valley Cement Company (SVCC) is holding Wednesday a board meeting so as to ratify a long-term…
Five Egyptian Banks Ink EGP1.273bn Loan for South Valley Cement
Five Egyptian banks signed Sunday a long-term syndicated loan contract worth EGP 1.273 billion in favour of South…
Arab African International Bank Expands ATM Service in Egypt
The Arab African International Bank (AAIB) expanded their ATM network in Egypt last week allowing customers to…
Egypt’s 5 Banks Ink the Biggest Loan for Petroleum Sector Today
Five Egyptian banks will start pumping the biggest loan in the history of the Egyptian banking system worth…
East Delta Electricity Company Studies 3 New Funding Bids
East Delta Electricity Production Company (EDEPCO) is holding next month its annual meeting to discuss three offers…
4 Egyptian Banks Agree to Raise Mobinil’s Loan to EGP1bn
National Bank of Egypt (NBE), Industrial Development and Workers bank (IDWB), Egyptian Gulf Bank (EGB), Blom bank…
SAIB in Talks with Palm Hills’ Loan Arrangers over EGP200mn Stake
Société Arabe Internationale de Banque (SAIB) is currently negotiating with the arranged banks for Egypt-based real…
NBE Agrees to Contribute EGP150mn to Palm Hill’s Bridge Loan
National bank of Egypt (NBE) has participated in the bridge loan with EGP400 million which obtained by real estate…
AAIB Grants EGP950mn Loan in Favor of SODIC
Arab African International Bank (AAIB) finalised signing EGP950 million new finance package for financing project…