Fitch Revises Two Egyptian Banks’ Outlooks to Stable; Affirms at ‘B-‘
Fitch Ratings has affirmed National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of…
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Egypt: Sawiris’ OCI Declines to Pay EGP900mn Tax Arrears
Egyptian Tax Authority (ETA) has referred to the country’s public prosecution a cheque issued by Orascom…
Juhayna’s Egyfood Inks EGP74 mln Loan with CIB Egypt
Egypt's Juhayna Food Industries (JUFO.CA) announced on Monday that its affiliate the Egyptian Company for Food…
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…
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…
5 Banks Complete Final Terms to Fund Al-Futtaim’s Cairo Festival City Project
In a new development regarding UAE-based Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – 5 banks…
NBE Eyes Arranging EGP10 bln Syndicated Loans in FY13/14
The National Bank of Egypt (NBE) is planning to arrange syndicated loans totaled EGP 10 billion within the current…
Mobinil: No Actual Procedures Taken to Obtain EGP2.5 bln Loan
The Egyptian Company For Mobile Services (Mobinil) - (EMOB.CA) confirmed on Wednesday its ongoing negotiations with…
Mobinil Receives 3 Financing Bids to Provide EGP2.5 bln Loan
The Egyptian Company For Mobile Services (Mobinil) - (EMOB.CA) had recently received financing bids from 3 major…
KIMA Egypt Says Net Profit 21.6% up in FY12/13
The Egyptian Chemical Industries (Kima) (EGCH.CA) announced a 21.6 percent increase in its net profit for the…