Egypt’s Suez Canal negotiating €300 mln loan from two state-run banks
Egypt’s Suez Canal Authority is negotiating a €300 million ($352 million) loan from two state-run banks to buy two…
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Banque Misr
Banque Misr has provided $6 bln to fund trade since pound float: official
Egypt’s second largest state-owned lender, Banque Misr has provided $6 billion to fund trade since the country…
Banque Misr reaches 1.1bn pounds settlement with Mubarak era figure
Banque Misr said Friday that it recently reached a settlement over the debt of businessman Ibrahim Kamel, worth a…
Banks offer €133 mln loan to Egypt’s Abu Abu Qir Fertilizers
Six banks are putting together a financing offer of €133 million ($158.7 million) for Egypt’s state-run major…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
U.S. dollar maintains price in Egyptian banks
The US exchange rate against the Egyptian pound maintained its rates within bank dealings on Sunday. According to…
Banque Misr studies debt to land swap deal with Arab Contractors’ unit
Egypt’s second largest bank, state-owned Banque Misr is studying reaching a debt swap deal with one of Arab…
Telecom Egypt in talks with banks for dollar tranche of the 4G loan
Egypt’s state-owned landline monopoly Telecom Egypt is negotiating a $180 million tranche of a loan worth 13…
Banque Misr to sign $500 mln EIB loan deal next month
Egypt’s second largest bank, state-owned Banque Misr says it will sign a $500 million financing agreement with the…
Banque Misr to lend two local firms 130 mln Egyptian pounds
Egypt’s second largest bank, state-owned Banque Misr has recently approved to lend two local firms around 130…