Banque Misr, CIB, Ahli United Seek Contributors To US$290 Mln Loan
A consortium comprised of Banque Misr, Commercial International Bank (CIB) and Ahli United Bank (Egypt) has started…
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NBD Mulls Providing Emaar Misr With EGP 200 Mln Finance
The National Bank for Development (NBD) considers providing sharia-compliant credit facilities amounting to EGP 200…
Banque Misr Allocates EGP 500 Mln For Mortgage
Banque Misr has allocated EGP 500 million for the mortgage product that will be launched before the end of 2012.…
East Delta Electricity Co. To Hold GM For Islamic Syndicated Loan
The Board of Directors of the East Delta Electricity Production Company will meet next Monday to approve the…
SFD To Launch New Murabaha Product
The Social Fund for Development (SFD) targets to launch a new sharia-compliant Murabaha product, said Nevine Gamea,…
Four Banks Consider Arranging US$ 250 Mln Loan For Mineral Exploration
Banque Misr, Commercial International Bank (CIB), Banque Du Caire and Bank Audi Egypt consider arranging a finance…
Agricultural Credit Bank: Islamic Finances Hit EGP 507 Mln In August
The Principal Bank for Development and Agricultural Credit stated that the value of Islamic finances (Musharaka and…
NBE Khartoum Supports Egyptian, Sudanese Investors
The National Bank of Egypt (Khartoum) will support Egyptian and Sudanese businessmen in establishing projects in…
NBE Khartoum To Attract US$ 500 Mln Investments In Three Years
The National Bank of Egypt (Khartoum) will attract direct investments worth SU$ 500 million from Egypt to Sudan…
NBE To Launch New Branch In Juba By 2013
The National Bank of Egypt (NBE) will inaugurate a new branch in Juba, South Sudan with a capital of US$ 30 million…