UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based…
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Arab Bank
Arab Bank named Best Trade Finance Bank in the Middle East’ for 2016
Arab Bank has received the Best Trade Finance Bank in the Middle East 2016 award from the globally renowned Global…
Arab Bank attains $615mn profits in nine months
The Arab Bank has achieved nine-month profits after taxes estimated at US$615.1 million versus US$614.2 million in…
Orascom Construction: Banks offer $1.95 billion for Egypt Power Station
Orascom Construction intends to raise US$1.95 billion in syndicated loans which will be used for the $3 billion…
Arab Bank Opens its 31st Branch in Egypt
Arab Bank has recently inaugurated a new branch, located in Egypt’s Sixth of October City, increasing total number…
Palm Hills Disburses EGP1.89bn from Syndicated Loan for Expansions
An official banking source in National Bank of Egypt (NBE) has informed Amwal Al Ghad that Palm Hills Development…
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran…
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…
Supplementary Agreement on Al-Futtaim’s EGP2bn Loan to Be Signed Next Jan.
In a new recent development regarding EGP 2 billion loan for Al-Futtaim Commercial & Administrative Centers SAE…
