Ethylene Loan Arrangers Sign Loan Agreement Today
The five banks, which arranged the long-term US$ 1.250 billion loan for the Egyptian Company for Ethylene, will…
Browsing Tag
egyptian banks
Faisal Bank Reports EGP 283 Mln Net Profit In H1
Faisal Islamic Bank of Egypt reported net profit of EGP 283.6 million at the end of June 2012, up from EGP 152.9…
NBE Awaits Bankruptcy Verdict Against Al Nasharty To Settle Debt
The National Bank of Egypt (NBE) awaits a bankruptcy verdict against the businessman Amr Al Nasharty, the owner of…
SFD Negotiates 5 International Financial Bodies Over US$350 Mln Loan
The Social Fund for Development (SFD) is currently conducting negotiations with five international financial bodies…
AWB’s Net Profit Hits EGP 161.4 Mln In H1
Al Watany Bank of Egypt (AWB) achieved net profit of EGP 161.4 million at the end of the first half of 2012, up…
EDBE’s Real Estate Assets Portfolio Hits EGP 1 Bln
The Export Development Bank of Egypt’s (EDBE) real estate assets portfolio, that was acquired by the bank after…
Exclusive: Banks’ Contributions To Suez Power Plant Loan
The banks, arranging the long-term syndicated loan for the East Delta Electricity Production Company (EDEPC), have…
Al Baraka Increases SME Finances By EGP500 Mln In FY 2012/13
Al Baraka Islamic Bank - Egypt will inject EGP 500 million into the SME finance portfolio, raising it to EGP 1.5…
Egypt Signs US$200 Mln Financing Agreement With World Bank
Egypt will sign a financing agreement amounting to US$ 200 million with the World Bank. Ashraf Al Araby, Minister…
SFD In Talks With CBE Over SME Database
The Social Fund for Development (SFD) negotiates with the Central Bank of Egypt (CBE) and the Egyptian Banking…
