Banks CIB, AAIB studying new financing for Egypt’s Madinet Nasr Housing Yomna Yasser Feb 26, 2017 0 Egypt’s largest listed lender, Commercial International Bank (CIB) along with the Arab African International Bank…
Banks Egypt negotiating $300 million financing packages from AfDB Yomna Yasser Dec 25, 2016 0 Egypt is negotiating financing packages worth $300 million from the African Development Bank (AfDB) to be signed in…
Real Estate Multiples Group nears key financing for Abraj Misr’s The Gate flagship Yomna Yasser Dec 7, 2016 0 Cairo-based investment bank Multiples Group is in advanced talks to secure 1 billion Egyptian pound-financing ($55…
Financial Institutions As IMF deal nears, Egypt secures $2 billion in financing Yomna Yasser Nov 10, 2016 0 Egypt has secured $2 billion in financing from international banks, a day before the International Monetary Fund’s…
Egypt News Egypt has secured $6 billion bilateral financing required for IMF loan Noha Gad Nov 8, 2016 0 Egypt has secured the $6 billion in bilateral financing required to secure a three-year, $12 billion IMF lending…
Banks Emirates NBD bank set up specialized financing unit for SMEs Noha Gad Nov 3, 2016 0 Middle East’s largest bank by assets, Emirates NBD has announced the establishment of a specialized unit for…
Banks Egypt signs World Bank $500mn loan for Upper Egypt development scheme Yomna Yasser Oct 7, 2016 0 Egypt has signed on Friday a financing agreement worth $500 million with the World Bank to support the Upper Egypt…
Egypt News Saudi-based Apicorp arranges $100m Islamic financing for Egypt’s EGPC Noha Gad Oct 5, 2016 0 Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has arranged a three-year $100 million murabaha…
Financial Institutions Egypt in talks over $2 bln financing from China Yomna Yasser Sep 19, 2016 0 Egypt is in talks with China to secure $2 billion in financing, Deputy Finance Minister Ahmed Kojak announced,…
Banks UNB-Egypt eyes boosting SMEs financing to 8% of its loans portfolio end-2016 Noha Gad Sep 4, 2016 0 Union National Bank-Egypt (UNB) aims to boost its financing directed to small- and medium-sized enterprises (SMEs)…