Egypt’s Canal Sugar in talks with banks for new bridge loan
Egypt’s Canal Sugar is negotiating for a new bridge loan worth 2 billion Egyptian pounds ($127.3 million) to help…
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National Bank of Egypt (NBE)
Egypt’s Evergrow expects signing EGP 6 billion financing deal early October
Egyptian fertiliser company Evergrow is in talks with banks to raise 6 billion Egyptian pounds ($382.4 million) in…
Fitch affirms National Bank of Egypt’s B+ rating with a stable outlook
Global credit rating agency Fitch Ratings affirms the National Bank of Egypt's (NBE) long-term (LT) issuer default…
National Bank of Egypt Q1 net profit jumps 161.6%
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Tuesday a 161.6 percent…
Four Egyptian banks back SODIC unit’s first securitisation bond issuance
A banking consortium has supported SODIC’s latest securitisation bond programme with a total investment of 343…
Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance
Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance…
NBE leads major loan to build campuses for European universities in Egypt
The National Bank of Egypt (NBE), the country’s largest public lender, has led a 962 million Egyptian pound ($61.2…
EBRD backs youth entrepreneurship, skills development in Egypt
The European Bank for Reconstruction and Development (EBRD) said on Thursday it had launched a $120 million Youth…
National Bank of Egypt mulls arranging syndicated loans worth EGP 270 billion
The National Bank of Egypt (NBE), the country’s largest public lender, is studying arranging a number of syndicated…
Egypt launches Tamayoz, an index for SMEs
Egypt launched on Wednesday Tamayoz, a sentiment index for small- and medium enterprises (SMEs).
