EBRD, QNB ALAHLI join forces to support woman entrepreneurs in Egypt
The European Bank for Reconstruction and Development has offered a senior loan of $20 million to QNB ALAHLI for…
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Kuwait’s Gulf Cryo seeks EBRD’s $15 mln loan for Egypt expansions
Gulf Cryo Egypt, part of the Kuwaiti industrial and medical gases manufacturer, says it is negotiating a loan…
Exclusive: shares of 5 banks in Telecom Egypt’s 4G Loan
A consortium of five Egyptian banks will sign the final loan agreement worth 13 billion Egyptian pounds ($735.7…
EBRD signs $75 mln SME loan deal with Egypt’s oldest bank
Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank for…
Fed’s Harker eyes inflation, stands by Fed rate hike next month
A Federal Reserve official said Monday he expects to support an interest rate hike next month despite caution over…
East Mediterranean Gas to pay $174 mln in debt to Egypt’s NBE bank
Egypt's Court of Cassation has rejected an appeal by the East Mediterranean Gas Company against a 2016 ruling…
Egypt’s CI capital inks deal with Saudi Al Rajhi to trade in securities
Investment bank CI Capital signed an agreement with Saudi Arabia-based Al Rajhi Capital, a unit of Al Rajhi Bank,…
CIB bank Egypt nine-month net profit up 27%
Egypt’s largest listed bank Commercial International Bank (CIB) posted a 27 percent rise nine-month net profit to…
China unveils major steps to open its financial sector
China will lift the ceiling on foreign equity ownership in joint-venture firms involved in the futures, securities,…
Al Baraka Bank Egypt says the bank unaffected by Saudi Saleh Kamel’s arrest
Al Baraka Bank Egypt said Monday that the detention of Saudi billionaire Saleh Kamel in the Kingdom’s ongoing…
