Egypt launches 1st phase of priority industry support scheme
Egypt’s Ministry of Industry announced the launch of the first phase of a new financing initiative aimed at…
Browsing Tag
Credit facilities
Bank credit facilities increase 9 months – CBE
The Central Bank of Egypt (CBE) revealed on Monday that bank credit facilities increased to about 4.482 trillion…
Egypt’s SODIC spends EGP 1.8bln credit facilities on its projects
Egypt's Sixth of October for Development and Investment (SODIC) says it secured credit facilities of 3.2 billion…
Egypt’s Cooperative Insurance Society, UNB bank negotiating SMEs funds
Egypt’s Cooperative Insurance Society (CIS) announced on Thursday it is negotiating with the Union National…
Banks provide credit facilities of 1.6 tln by the end of October
The credit facilities provided by the banks in Egypt have increased by 25.3 billion Egyptian pounds to record 1.63…
World Bank agency to provide credit facilities for Egypt’s solar energy flagship
The World Bank's Multilateral Investment Guarantee Agency (MIGA) announced that it will provide Egypt with $102.6…
NBE secures 450 mln credit facilities to 2 firms in electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has pumped credit facilities of 450 million (25…
NBE secures 450 mln pounds in credit facilities for Egypt electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has recently pumped credit facilities of 450…
Afreximbank: Egypt credit facilities record $17.6 bln since 1993
The Africa Export-Import Bank (Afreximbank) has secured, since its inception in 1993, $17.6 billion in credit…
Afreximbank considers new loans to Egypt
The African Export-Import Bank (Afreximbank) is studying a number of loans for Egyptian investors as well as banks…
Arab Bank attains $615mn profits in nine months
The Arab Bank has achieved nine-month profits after taxes estimated at US$615.1 million versus US$614.2 million in…
NBE pumps $191mn-credit Facilities into Tourism, Industry and Contracting Sectors
The National Bank of Egypt (NBE) has pumped credit facilities worth 1.5 billion Egyptian pounds (US$ 191.5 million)…
National Bank of Egypt Injects EGP1.5bn to Leasing Sector in December
During this December, the National Bank of Egypt's (NBE) has pumped around EGP 1.5 billion in the country's lease…
NBE Renews EGP2.6bn Credit Facilities for Egypt’s Cotton, Sugar Sectors
The National Bank of Egypt (NBE) announced it has renewed its EGP 2.6 billion (US$363.5 million) credit facilities…
France Secures €344 million Loan for Cairo Metro Line 3’s Phase III, IV
France takes part in financing the third and fourth phases of Egypt’s Cairo Metro Third Line project following its…
Vodafone Egypt, 7 Banks to Ink EGP4bn Credit Facility Contract by Monday
Vodafone Egypt will sign credit facility contract worth EGP4 billion with the alliance of seven Egyptian banks that…
NBE Renews EGP1.5bn Credit Facilities for Egypt’s Cotton Sector Next Month
The National Bank of Egypt (NBE) plans within next month to renew credit facilities worth EGP 1.5 billion for its…
Banque Misr Grants EGP 600 mln Credit Facilities for 2 Sugar Firms
Banque Misr approved granting EGP600 million credit facilities for Nubaria for sugar & refining company…
NBE Mulls EGP500 million Financing Package for Contracting Firms
The state-owned National Bank of Egypt is considering an EGP500 million ($71.7 million) package of credit…
NBE Injects EGP800 mln for Construction Firms in Egypt
The National Bank of Egypt (NBE) approved to pump EGP800 million credit facilities for more than 7 firms operating…
Bank of Alexandria: Profits Fall 2.2% in 9 Months
The Bank of Alexandria (BOA), one of the largest banks in Egypt, reported a decline in its 9-month profits by 2.2%…
ABA Eyes to Rise Granted Credit Facilities from NBE by 40%
Alexandria Business Association (ABA) is aiming to boost the granted periodic credit facilities from the National…
NBE Grants Credit Facilities for Drilling Co Worth $ 110 mln
An official source in the National Bank of Egypt (NBE) has revealed that NBE approved in the last week to…
Evergrow in Talks with NBE to Finance 65% of Its Nitric Acid Plant
Evergrow for Speciality Fertilizers, a leading manufacturer for many kinds of specialty fertilizers in…
NBE, Banque Misr, CIB to Provide € 96 Mln to SEMAF
The National Bank of Egypt, Banque Misr and Commercial International Bank are studying to grant Railway Equipment…
Credit Facilities Offered By Banks Hit EGP 505.5 Bln In August: CBE
The Central Bank of Egypt (CBE) has issued a report indicating that the value of credit facilities offered by the…
Egyptian Banks’ Credit Facilities Down To 505.1 Bln In July
The total volume of credit facilities offered by the Egyptian banking sector declined by EGP 1.5 billion (0.3%),…
Arab Contractors to Obtain 300 Mln Credit Facilities
Banque Misr's board of directors has decided to grant Arab Contractors new credit facilities at a value of 300…
Banks offered EGP 506.7 Bln Credit Facilities By June 2012
The value of credit facilities offered by the Egyptian banking sector rose by EGP 4.462 billion (0.8%), registering…
CBE: Credit Facilities Offered To Banks Registered EGP 499 Bln In April 2012
The Central Bank of Egypt said the value of credit facilities provided by the banks rose by EGP 3.085 billion, or…
CBE: Banks’ Credit Facilities Rise EGP 2.56 Bln In January
Credit facilities offered by banks in Egypt registered EGP 492.2 billion in last January, compared with EGP 489.7…