Egyptian Electricity Transmission in talks for $894 million finance
State-run Egyptian Electricity Transmission Company (EETC) is negotiating finance worth 7 billion Egyptian pounds…
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Bank Audi Egypt
Bank Audi Egypt to seal EBRD, EIB loan deal this month: official
Bank Audi SAE, Egypt’s eighth largest commercial bank, will sign this December a loan agreement with the European…
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…
Bank Audi-Egypt clients’ deposits exceed $4bn end-September
Clients' deposits portfolio of Bank Audi-Egypt has exceeded 33 billion Egyptian pounds (US$ 4.1 billion) at the end…
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…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
Siemens requesting Letters of Guarantees for Egypt Power Projects
German industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian…
Siemens seeks $917mln-loan to implement 3 Power Plants in Egypt
German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks working in the…
Egypt’s Banks await Majid Al Futtaim’s Decision on Funding Alliance
Egyptian banks are awaiting Majid Al Futtaim Properties to decide on the offers it received from two alliances of…
