TDF Says Egypt’s Political Events Delay Investing in New Firms
IT expert Mr. Amin Khair El-Din, Chairman of Technology Development Fund(TDF) revealed that the fund is awaiting…
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Banque Misr
4 Banks Mull to Schedule Final Date of Inking Loan for Al-Nasr Coke
The National Bank of Egypt (NBE), Banque Misr, Qatar Ahli and Banque Du Caire will be meeting today in order to…
UEEPC Secures EGP285 mln Islamic Finance from Banque Misr
A Sharia-compliant loan agreement worth EGP 285 million between Banque Misr and the Upper Egypt Electricity…
Supplementary Agreement on Al-Futtaim’s EGP2bn Loan to Be Signed Next Jan.
In a new recent development regarding EGP 2 billion loan for Al-Futtaim Commercial & Administrative Centers SAE…
Vodafone Egypt Calls 7 Banks to Arrange Loan with EGP4 bln
Vodafone Egypt called seven banks operating in the domestic market in order to obtain EGP4 billion loan. An…
NBE Issues $460 mln Letters of Credit for EGPA to Import Kuwaiti oil
The National Bank of Egypt (NBE) has issued $462 million letters of credit in favor of the Egyptian General…
IDWBE Cuts 10.25% Yearly Revenue of Three Year El ‘Tanmya’ Saving Certificates
Industrial Development and Workers Bank of Egypt (IDWBE) has decided to cut interest rates of the three year El…
Electricity, Banque Misr Ink Islamic Finance to Rehabilitate Boiler Unit in Egypt
Egyptian Ministry of Electricity will be signing today an agreement with Banque Misr (BM) over obtaining a…
SAIB Pumps EGP200 mln in MAF’s Mall of Egypt Loan
Société Arabe Internationale de Banque (SAIB) has pumped on Sunday EGP 200 million as pursuant to the Dubai-based…
AAIB Inks 2 Financing Contracts worth EGP1.2 bln for Contact Group
The Arab African International Bank (AAIB) has signed today a Memorandum of Information with Contact Securitization…