SFD To Sign US$300 Mln Finance Contract With WB, International UnionTomorrow
The Social Fund for Development (SFD) will sign Protocol of Cooperation with the World Bank and the International…
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egyptian banks
Banks Ready To Finance PPP Projects: Bankers
Bankers affirmed that the Egyptian banking sector has the ability to meet the financial requirements of the 11…
Al Baraka, SFD Sign EGP 200 Mln Musharaka Finance Contract
Al Baraka Islamic Bank- Egypt and the Social Fund for Development (SFD) signed a finance contract to offer new and…
NBE Receives 80% Of Settlement Contract Prepayment From Kouta
The National Bank of Egypt (NBE) received 80% of the prepayment conditioned for the debt settlement agreement…
Union National Bank Egypt Posted EGP 16.5 Mln Profit In H1
The Union National Bank - Egypt posted profit of EGP 16.5 million at the end of June 2012, up from EGP 15 million…
Banque Misr Eyes 11% Increase In Loans In 2012/13
Banque Misr targets to increase the volume of loan portfolio by 10%-11%, to register EGP 57 billion by the end of…
Ahli United Raises Mortgage Portfolio By EGP 600 Mln In 2012
Al Ahli United Mortgage Company targets to increase its loan portfolio to EGP 100 million by the end of 2012, up…
East Mediterranean Gas Owes NBE US$ 156 Mln
The East Mediterranean Gas Company (EMG), which was exporting natural gas from Egypt to Israel, is paying off its…
EDBE’s NPLs Hit EGP 820 Mln In H1
The Export Development Bank of Egypt’s (EDBE) portfolio of non-performing loans stood at EGP 820 million, out of…
Electricity Sector’s Borrowings Unshaken By Frequent Power Outages: Bankers
A number of banking experts affirmed that the frequent power outages, that affected negatively most sectors in…
