Egypt’s central bank hosts sustainable finance conference with IFC
Egypt’s Central Bank of Egypt (CBE), in partnership with the International Finance Corporation (IFC), hosted a…
Browsing Tag
Export Development Bank of Egypt
Egypt’s MSMEDA signs pact to boost SME exports with EBank
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) and the Export Development Bank of Egypt…
Egyptian Soda Ash secures $490m for New Alamein plant
Egypt signed a $490 million framework agreement to finance a soda ash production plant in New Alamein, a project…
Egypt’s Finance Ministry to release new export support package tomorrow
The Ministry of Finance announced the commencement of a new phase in its Export Support programme, aimed at…
EBank gets EBRD $25m loan to support SMEs
Export Development Bank of Egypt (EBank) has secured $25 million (€23.2 million) in loan from the European Bank for…
Egypt’s Export Development Bank sees $1.90 mln block trading deal
Export Development Bank of Egypt (EBE) recorded a block trading deal transaction worth 58.90 million Egyptian…
Egypt’s Export Development Bank gets EBRD $25 million financing for SMEs
Export Development Bank of Egypt (EBank) has secured a $25 million financing package from the European Bank for…
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…
3 Egyptian insurers vying to cover Export Development Bank’s assets
Three insurance companies operating in Egypt are competing to win an insurance policy tender to cover the Export…
Egypt’s CIS covers SME’s finances by Export Development Bank – chairman
Egypt’s Cooperative Insurance Society (CIS) has covered financing for small and meduim-sized enterprises granted by…
Egypt’s CIS, Export Development Bank renews credit insurance cover deal for loans
Egypt’s Cooperative Insurance Society (CIS) has renewed a loan insurance cover agreement with the Export…
Export Development Bank to build new HQ in Egypt new capital
Egypt’s Export Development Bank (EDBE) will initially spend 1 billion Egyptian pounds ($62 million) on new…
Egypt’s SAIBBank lead arranger for EGP 750 mln Kharafi National loan
Egypt’s Societe Arab Internationale de Banque (SAIBBank) is leading Kharafi National’s medium-term financing worth…
Export Development Bank – Egypt seeks retail portfolio up to $55.8 mln this year
Egypt’s Export Development Bank plans to reach one billion Egyptian pounds ($55.8 million) worth of retail funding…
Export Development Bank of Egypt profits rise 66% in Q1-FY2017/18
Profits of Export Development Bank of Egypt (EBE) rose by 66 percent during the first quarter of financial year…
9 banks to fund Egypt coal power plant via 26.5bn pounds loan
A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
EXCLUSIVE: share of 9 banks in Egypt’s EGAS loan
A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian pounds…
Egypt’s Export Development Bank names a female head
Egypt’s Export Development Bank has appointed Mervat Zuhdi El Sayed Sultan as its new chairperson, the bank…
Egypt pound vs dollar in interbank trade at 18 banks
US dollar traded to an average of 15 for buying and 15.65 for selling to Egyptian pound in interbank dealings on…
Dollar further fell against Egypt pound at early interbank trade
Dollar trade further dropped to an average below of 14 level for buying and below 16 for selling to Egyptian pound…
Dollar calms against Egypt pound following IMF $12 billion bailout approval
US dollar trade calmed significantly against Egyptian pound in 19 banks during interbank dealings in Egypt on…
Dollar stablises against Egypt pound at interbank trade
Dollar stablised against Egyptian pounds in 19 banks during interbank dealings on Thursday. For the biggest banks…
Dollar rises against Egypt pound in 7 banks at early interbank trade
Dollar edged higher against Egyptian pound in seven banks in early interbank dealings on Tuesday. The seven banks…
UPDATE: Egypt pound vs dollar in 20 banks at post-free floating trade
Dollar has continued its rise against Egyptian pound during interbank dealings on Monday. Pound was quoted at 17.5…
Dollar climbs against Egypt pound in 11 banks at early post-free floating trade
Dollar has surged against Egyptian pound in 11 banks in early interbank dealings on Monday.The 11 banks are Banque…
As post-free float trading begins, get to know dollar prices in 16 Egypt banks
Egyptian banks start trading currency on Sunday without central bank restrictions for the first time after policy…
Union Capital says targets doubling AUMs to $38 million this year
Egypt-based private equity firm, Union Capital is planning this year to double the volume of its assets under…
Egyptian Export Development Bank’s deposits jump 4%
The total deposits of Export Development Bank of Egypt (EBE) have jumped 4.02 percent at the end of September 2015.…
CI affirms Export Development Bank of Egypt’s ratings at BB-, Stable outlook
International credit rating agency, Capital Intelligence (CI) announced Thursday that it affirmed Export…
Four Egyptian Banks Chiefs restore Full Wages as Max Pay falls
The leaders of four banks have obtained their full wages retroactively following the cancelation of a system to…
CI Affirms Export Development Bank of Egypt Ratings; Stable outlook
Capital Intelligence (CI) has announced that it has affirmed Export Development Bank of Egypt's (EDBE) Financial…
Egypt’s Export Development Bank Attains EGP287mn Net Profit in 2013
During fiscal year of 2013/2014, Export Development Bank of Egypt (EDBE) reported a surge in its consolidated net…
Egypt’s Export Development Bank Eyes 10% Growth in Loans, Deposits in FY15
The Export Development Bank of Egypt (EDBE) targets a 10% growth in its loans and deposits portfolios by next…
CBE Rebuts Receiving Requests for Islamic Banking Licences
Egypt’s Central Bank has not received any recent requests from local banks for a licence to provide…
Banque Du Caire, 11 Banks Secure EGP3 bn Loan for Petroleum Sector
Banque Du Caire S.A.E. along with 11 banks signed on Monday financing contracts worth EGP3 billion (around $431…
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran…
Egypt Bourse Halts Trading in 11 Stocks After Leap
The Egyptian Exchange (EGX)’s management has suspended on Sunday the trading for half an hour on 11 EGX-listed…
Egypt’s Export Development Bank Soars to 31-Month High Amid Active Trading
Export Development Bank of Egypt - EDBE (EXPA.CA on the Egyptian Exchange)’s stock has climbed above the EGP 7.7…
Egypt’s Export Development Bank to Establish EGP1 Bln Holding Firm
Export Development Bank of Egypt’s (EDBE) (EXPA) board of directors, headed by Mohamed Ismail, has agreed to…