Ten Banks announce New Term for Egypt Energy’s Multibillion Pound Loan
A consortium of ten banks is offering a multibillion Egyptian pounds of financing to the state-run Egyptian…
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EEHC
Misr Iran Bank allocates 100-million Pounds to support Egypt Electricity
Misr Iran Development Bank (MIDB) intends to inject 100 million Egyptian pounds in a 1.5 billion pound (US$196.6…
Banque Misr orchestrates New Banking Alliance for Egypt Electricity Sector
Banque Misr, Egypt’s second largest public sector bank, is leading a banking consortium to secure a US$500 million…
Bahrain Energy Firm Inks $3.5 billion Egypt Solar Project Deal
Bahrain-headquartered Terra Sola Ventures (Terra Sola) has signed a memorandum of understanding (MoU) with the…
Egypt Studies 1700-megwatt Power Project in Red Sea
In an attempt to grapple with growing energy shortage, Egypt’s current interim government is studying a project to…
EIB, Egypt Ink €205 mn Loan Deal to Finance El Shabab Power Plant
Egypt signed today a loan agreement worth € 205 million with the European Investment Bank (EIB), designated…
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…
NBE Mulls Bridge Loan of EGP 150 For EDEPC
The National Bank of Egypt (NBE) studies a proposal submitted by East Delta Electricity Production Company (EDEPC),…
