Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
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10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Misr Insurance eyes watchdog’s approval to launch $6.4mn leasing arm
Egypt’s state-run Misr Insurance Holding Company (MIHC) is in official talks with the market regulator to launch a…
Misr Insurance eyes watchdog’s approval to launch $6.4mn leasing arm
Egypt’s state-run Misr Insurance Holding Company (MIHC) is in official talks with the market regulator to launch a…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
Egyptian Gulf Bank Eyes Expanding in Home Gas Delivery Loans
Egyptian Gulf Bank (EGB) plans to expand in granting loans to deliver natural gas to homes across Egypt. According…
