Banks Banque du Caire injects over EGP1 b for micro enterprise loan product Aya El Sayed Mar 14, 2024 0 Banque du Caire revealed on Thursday that it had secured more than a billion Egyptian pounds for Engaz loan for…
Money France’s €2B bet on climate change solutions Aya El Sayed Feb 8, 2024 0 The French state has committed to guaranteeing €2 billion ($2.2 billion) in loans for businesses that are investing…
Featured Egyptian pound rises in parallel market Aya El Sayed Feb 5, 2024 0 The Egyptian pound (EGP) has seen a significant rise in value on the local black market for U.S. dollars (USD),…
Featured China’s Whitelist mechanism funds 1st property project Aya El Sayed Jan 31, 2024 0 A Chinese government-supported property project received a loan of 330 million yuan ($46 million) shortly after the…
Banks Türkiye’s Ziraat Bank gets $500 mln financing from China’s Eximbank Nada Ali Jan 8, 2024 0 Turkish state lender Ziraat Bank had secured two-tranche loan amounting $500 million from the Export-Import Bank of…
International News Egypt may receive more funds from IMF amid economic challenges Aya El Sayed Nov 19, 2023 0 Due to the economic impact of the Gaza crisis, the IMF is seriously considering a possible increase in the loan…
Banks Egypt’s CIB confirms taking a loan Aya Anwar Nov 19, 2023 0 The Egyptian Commercial International Bank (CIB) responded to the Egyptian Exchange (EGX) inquiring about the…
MENA News Saudi Arabia plans to raise $11bln syndicated loan Nada Ali Sep 17, 2023 0 Saudi Arabia's Ministry of Finance has appointed Industrial and Commercial Bank of China Ltd (ICBC) as coordinator…
Money Egyptian Electricity Transmission Company signs EGP 4 bln loan deal with NBE-led… Mahmoud Shaaban Aug 23, 2021 0 State-run Egyptian Electricity Transmission Company (EETC) has signed on Monday a syndicated loan agreement worth…
Money Emirates NBD to provide EGP 2 bln for Egypt’s biggest agricultural wastewater plant mohamed Hamdy Aug 8, 2021 0 Emirates NBD Egypt Bank announced on Sunday the provision of 2 billion Egyptian pounds ($127.4 million) to finance…