Banks CIB leads banking sector gains in EGX Sunday trading Aya El Sayed Mar 10, 2024 0 In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
Money Egypt’s QNB Al Ahli profits rise by 57% in ’23 Sama Mousa Jan 14, 2024 0 Qatar National Bank (QNB) Al Ahli in Egypt witnessed an increase in nets profits in 2023 by 57 per cent, QNB Group…
Money CBE-CBUAE currency swap boosts investors’ confidence in Egypt economy: QNB Al Ahli CEO Dina Abdel Fattah Oct 2, 2023 0 The recent currency swap agreement between the Central Bank of Egypt (CBE) and the Central Bank of the UAE (CBUAE)…
Banks 9 banks to fund Egypt coal power plant via 26.5bn pounds loan Yomna Yasser Jun 4, 2017 0 A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
Banks Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp Yomna Yasser May 15, 2017 0 A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
Tech news Fawry to activate mobile payment services with Banque Misr, QNB in March Yomna Yasser Feb 20, 2017 0 Egypt's electronic payment provider, Fawry is expecting to activate the electronic payment service, Mobile Wallet…
Banks CI affirms FCRs of Egypt-based QNB Al Ahli with ‘stable’ outlook Yomna Yasser Aug 10, 2016 0 International credit rating agency, Capital Intelligence (CI), affirmed Tuesday Egypt-based QNB Al Ahli’s long-term…
Banks South Valley Cement Endorses EGP1.3bn Loan Deal with 5 Banks Yomna Yasser Nov 20, 2014 0 South Valley Cement Company (SVCC)’s board of directors ratified on Wednesday the long-term syndicated loan…
Banks South Valley Cement to Endorse EGP1.3bn Loan Contract with 5 Banks Today Yomna Yasser Nov 19, 2014 0 Egypt’s South Valley Cement Company (SVCC) is holding Wednesday a board meeting so as to ratify a long-term…
Banks Five Egyptian Banks Ink EGP1.273bn Loan for South Valley Cement Yomna Yasser Nov 17, 2014 0 Five Egyptian banks signed Sunday a long-term syndicated loan contract worth EGP 1.273 billion in favour of South…
Banks 6 Banks Allocate EGP1bn to Launch Assiut Power Plant Salma Ayman Aug 27, 2014 0 National Bank of Egypt (NBE), Banque Misr, Commercial Bank of Egypt (CIB), Arab African International Bank (AAIB) ,…
Banks QNB Al Ahli Takes Part in CBE’s Mortgage Funding Initiative Yomna Yasser Apr 16, 2014 0 Qatar National Bank Al Ahli announced on Wednesday its participation in the Central Bank of Egypt’s mortgage…
Banks 3 Banks to Arrange US$150m Finance for Abu Qir Fertilizers and Chemicals Co Salma Ayman Feb 22, 2014 0 The alliance between the National Bank of Egypt (NBE) the Commercial International Bank (CIB) and QNB Al Ahli…
Banks Mobinil Signs EGP2.36 billion Syndicated Loan with 8 Banks Yomna Yasser Feb 20, 2014 0 The Egyptian Company for Mobile Services – Mobinil (EMOB.CA) announced on Thursday it signed a syndicated loan…
Banks Egypt Bourse Changes NSGB Names to QNB Al Ahli Yomna Yasser Dec 19, 2013 0 The securities listing committee at the Egyptian Exchange (EGX) approved on Thursday changing the name of National…