Banque Misr, SFD Ink New Contract Worth EGP100mn for Micro Projects
Banque Misr has signed new contract with Social Fund for Development (SFD) worth EGP100 million for financing micro…
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Banque Misr
Egypt Raises EGP8 billion on Day Four for New Suez Canal
8 billion Egyptian pounds (US$1.12 billion) were raised on the fourth day of selling Suez Canal investment…
Suez Canal Insurance Invests EGP10mn in New Suez Canal Project
Suez Canal Insurance has bought today EGP 10 million worth of investment certificates dedicated to finance the new…
6 Banks Allocate EGP1bn to Launch Assiut Power Plant
National Bank of Egypt (NBE), Banque Misr, Commercial Bank of Egypt (CIB), Arab African International Bank (AAIB) ,…
Misr Insurance Outsources US$14-mln Funds to Asset Manager
Asset management company Beltone Financial will be managing a EGP100-million (US$14 million) investment fund for…
$471mn Loan Talks for Port Said’s New Container Terminal Project Halted
The General Authority for Port Said Ports decided to halt its talks with the National Bank of Egypt (NBE) and…
SAIB in Talks with Palm Hills’ Loan Arrangers over EGP200mn Stake
Société Arabe Internationale de Banque (SAIB) is currently negotiating with the arranged banks for Egypt-based real…
4 Banks Eyes Suez Canal Investment Certificates Issuance Monday
Four Egyptian banks are targeting the issuance of investment certificates next Monday, dedicated to fund the new…
NBE Agrees to Contribute EGP150mn to Palm Hill’s Bridge Loan
National bank of Egypt (NBE) has participated in the bridge loan with EGP400 million which obtained by real estate…
Who’s Who in Egypt’s Islamic Supervision Committee for Sukuks
Egypt's financial regulator has selected 14 Islamic banking scholars to form the Islamic Supervision Committee for…