Banque Misr to secure largest syndicated loan in its history worth $1 billion
Egypt's second largest state-run lender, Banque Misr is in the process of obtaining the largest syndicated loan in…
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Emirates NBD
Emirates NBD to provide EGP 2 bln for Egypt’s biggest agricultural wastewater plant
Emirates NBD Egypt Bank announced on Sunday the provision of 2 billion Egyptian pounds ($127.4 million) to finance…
Ora Developers Egypt signs EGP 2.54 billion loan agreement
Ora Developers Egypt, part of Naguib Sawiris-led Ora Developers Group, signed a loan agreement with four banks for…
Banque Misr lead arranger for EGP 2.5 bln Sawiris-led ZED West project
Egypt's second-largest state bank, Banque Misr is lead arranger for a 2.54 billion Egyptian pound ($162.3 million)…
Emirates NBD Egypt pre-tax profits at EGP 1.338 billion in 9 months
Emirates NBD Egypt said on Sunday its profits before tax reached around 1.338 billion Egyptian pounds ($85.5…
Bahrain’s Bank ABC starts due diligence on Blom Bank Egypt
Bahrain-based The Arab Banking Corporation (ABC) has started due diligence on Blom Bank Egyptahead of submitting an…
First Abu Dhabi Bank reportedly to restart negotiations to buy Bank Audi’s Egypt unit
UAE's biggest lender, First Abu Dhabi Bank (FAB) plans to restart negotiations to buy the Egyptian unit of…
A third yet-unnamed suitor enters race to Acquire Blom Bank Egypt
Competition heated as another foreign non-banking financial institution is said to have entered the race with…
Emirates NBD negotiating to acquire Blom Bank Egypt
Emirates NBD, the leading banking group in the region, is in early talks with Lebanon's Blom Bank for a potential…
Emirates NBD Egypt reports 44% increase in profit during 2019
Egypt reported a 44.23 percent year-on-year hike in its net profits in 2019, the bank’s consolidated financial…