Exclusive: Banks’ Contributions To Suez Power Plant Loan
The banks, arranging the long-term syndicated loan for the East Delta Electricity Production Company (EDEPC), have…
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National Bank of Egypt
NBE Receives 80% Of Settlement Contract Prepayment From Kouta
The National Bank of Egypt (NBE) received 80% of the prepayment conditioned for the debt settlement agreement…
East Mediterranean Gas Owes NBE US$ 156 Mln
The East Mediterranean Gas Company (EMG), which was exporting natural gas from Egypt to Israel, is paying off its…
Electricity Sector’s Borrowings Unshaken By Frequent Power Outages: Bankers
A number of banking experts affirmed that the frequent power outages, that affected negatively most sectors in…
Eight Banks Initially Approved Contributing EGP 1.4 Bln To MAF Loan
Eight banks gave an initial approval to contribute EGP 1.4 billion to the syndicated loan arranged by the National…
NBE Arranged EGP 80 Bln Syndicated Loans Between 2008-2011
The National Bank of Egypt (NBE) arranged syndicated loans amounting to EGP 80 billion for the period from 2008 to…
NBE Lowers Value Of Prizes For CDs Holders By EGP 304, 000
The National Bank of Egypt (NBE) reduced the value of the prizes given through quarterly draws to holders of…
NBAD Considers Contributing EGP 200 Mln To MAF Loan
The National Bank of Abu Dhabi (NBAD) studies contributing with EGP 200 million to the syndicated loan arranged by…
NBE Offers EGP 200 Mln Islamic Finance To A Poultry Company
The National Bank of Egypt (NBE) approved offering EGP 200 million murabaha loan to a poultry company, raising the…
Banque Misr to Finance Suez Power Plant with EGP 400 mln
Banque Misr approved to contribute EGP 400 million to the long-term fund which is organized by the National Bank of…