Suez Canal Bank posts net profit of EGP 2.3b in ’23
Egypt’s Suez Canal Bank reported on Thursday a net profit worth 2.3 billion Egyptian pounds ($74.2 million) for…
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Suez Canal Bank
Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
IMF new loan a certificate of trust: to Egypt’s economy: Suez Canal Bank chairman
The International Monetary Fund’s (IMF) executive board approval for a new loan agreement is a certificate of trust…
GIG Egypt insurance submits $238 million offer to buy AIG
Egypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt…
Suez Canal Bank H1 net profit surges 8%
Egypt’s Suez Canal Bank reported on Sunday an 8 percent year-on-year growth in its net profit for the first half of…
Four Egyptian banks back SODIC unit’s first securitisation bond issuance
A banking consortium has supported SODIC’s latest securitisation bond programme with a total investment of 343…
Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance
Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance…
Egypt’s sovereign funds, banks, investors to set up new education investment platform
An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, and a…
Egyptian Electricity Transmission Company in talks with banks over EGP4 billion loan
State-run Egyptian Electricity Transmission Company (EETC) is in talks with a consortium of banks for a loan worth…
Suez Canal Bank: Net profit surges 11% in 2020
Egypt’s Suez Canal Bank reported on Monday an 11 percent year-on-year increase in its net profit after tax to…