CIB leads banking sector gains in EGX Sunday trading
In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
Browsing Tag
QNB Al Ahli
Egypt’s QNB Al Ahli profits rise by 57% in ’23
Qatar National Bank (QNB) Al Ahli in Egypt witnessed an increase in nets profits in 2023 by 57 per cent, QNB Group…
CBE-CBUAE currency swap boosts investors’ confidence in Egypt economy: QNB Al Ahli CEO
The recent currency swap agreement between the Central Bank of Egypt (CBE) and the Central Bank of the UAE (CBUAE)…
9 banks to fund Egypt coal power plant via 26.5bn pounds loan
A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
Fawry to activate mobile payment services with Banque Misr, QNB in March
Egypt's electronic payment provider, Fawry is expecting to activate the electronic payment service, Mobile Wallet…
CI affirms FCRs of Egypt-based QNB Al Ahli with ‘stable’ outlook
International credit rating agency, Capital Intelligence (CI), affirmed Tuesday Egypt-based QNB Al Ahli’s long-term…
South Valley Cement Endorses EGP1.3bn Loan Deal with 5 Banks
South Valley Cement Company (SVCC)’s board of directors ratified on Wednesday the long-term syndicated loan…
South Valley Cement to Endorse EGP1.3bn Loan Contract with 5 Banks Today
Egypt’s South Valley Cement Company (SVCC) is holding Wednesday a board meeting so as to ratify a long-term…
Five Egyptian Banks Ink EGP1.273bn Loan for South Valley Cement
Five Egyptian banks signed Sunday a long-term syndicated loan contract worth EGP 1.273 billion in favour of South…
