Etisalat Misr signs with 10 banks 4G loan deal
Etisalat Misr, the Egyptian unit of UAE telecommunications operator has signed Thursday a syndicated loan agreement…
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QNB AlAhli
5 banks in Egypt account for 71.47% of banking sector profits at June-end
The five largest banks in Egypt acquired 71.47 percent of the total profits made by banks operating in the Egyptian…
Sisi’s Long Live Egypt launches savings certificates in six banks
The Long Live Egypt Fund (Tahya Misr), a fund created by Egyptian President Sisi to assist national economy, has…
Telecom Egypt ups 4G loan to $901 mln
A loan provided to finance Telecom Egypt’s 4G mobile plans has been raised to 8 billion Egyptian pounds ($901…
EBRD endorses €300 million to support Egypt SMEs
The European Bank for Reconstruction and Development (EBRD) has endorsed this year €300 million (US$340.5 million)…
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks’ CEOs will force ten of…
QNB to sign $6.4 million deal in support of Egypt SMEs this month
Qatar National Bank AlAhli S.A.E. (QNB AlAhli) is to sign this month its first contract with Social Fund for…
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…
Six banks to arrange $311mn loan for Egypt’s Food Industries Holding
Egypt’s third biggest state-run bank, Banque Du Caire takes part in arranging a multi-billion pound loan for the…
