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…
Browsing Tag
Banque Misr
Banque Du Caire pumps $80 million in ElSewedy Electric’s Loan
Banque Du Caire is pumping US$80 million in a loan arranged for Egypt’s ElSewedy Electric Company, a banking source…
Egypt Oil Ministry targets raising EGP15 billion from Planned IPOs
Egyptian oil sector seeks to raise around EGP 15 billion (around US$2 billion) from its firms’ planned IPOs on the…
Banque Misr: Real Estate Assets hike to EGP7.7 billion
Banque Misr, the second largest public sector bank in Egypt, currently registers real estate assets of around 7.7…
Banque Misr plans First Islamic Financing to Support SMEs
Banque Misr is planning to carry out the first Islamic financing for the small and medium-sized enterprises, worth…
Dollar to hit EGP 8 by the End of June: Emirates NDB
The Egyptian pound is expected to further weaken against the US dollar, to reach EGP 8 by the end of June, if not…
Banque Misr ups Islamic Funding to EGP2 billion at 2014-end
Banque Misr has registered total Shariah-compliant funding of two billion Egyptian pounds (US$135 million) by end…
Banque Misr eyes Personal Loans up to EGP9 billion at June-end
Egypt’s second largest bank Banque Misr is planning to increase its portfolio of personal financing to 9 billion…
Banque Misr Beats CIB, Wins Ahly Club’s 10-year Banking Sponsorship
Banque Misr has been awarded to provide the banking sponsorship for El Ahly Sporting Club for further ten years…
Egypt: 140 Central Bank, State-owned Banks’ Officials Recently Resign
In Egypt, around 140 officials of the central bank and other major state-owned banks; National Bank of Egypt,…