UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based…
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NBAD
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Six global lenders eye financing Egypt top refinery Midor’s expansion scheme
Six foreign lenders are bidding to finance a project to upgrade Egypt's state-owned Middle East Oil Refinery…
UAE’s NBAD and Egypt’s NBE to advise on Egypt Midor’s $1.4bn expansion
National Bank of Abu Dhabi (NBAD), the United Arab Emirates' largest lender by assets, and National Bank of Egypt…
NBAD Managing $1.5bln Bonds For Egyptian Government: CEO
The National Bank of Abu Dhabi (NBAD) has been selected to manage the issuing of Dollar bonds the government is…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…
UAE’s NBAD to add Export Financing to its Egypt Operations – CEO
National Bank of Abu Dhabi will be expanding in Egypt to add export financing to its wholesale operations and…
Abu Dhabi’s NBAD says not Interested in Citi’s Egypt Assets
The National Bank of Abu Dhabi (NBAD) is not interested in buying the Egypt retail business of Citigroup, and is…
