Banks Suez Canal Bank posts net profit of EGP 2.3b in ’23 Yomna Yasser Feb 29, 2024 0 Egypt’s Suez Canal Bank reported on Thursday a net profit worth 2.3 billion Egyptian pounds ($74.2 million) for…
Banks Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources Nada Ali Sep 18, 2023 0 The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
Banks IMF new loan a certificate of trust: to Egypt’s economy: Suez Canal Bank chairman Yomna Yasser Dec 19, 2022 0 The International Monetary Fund’s (IMF) executive board approval for a new loan agreement is a certificate of trust…
Egypt News GIG Egypt insurance submits $238 million offer to buy AIG Nada Ali Aug 9, 2022 0 Egypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt…
Banks Suez Canal Bank H1 net profit surges 8% mohamed Hamdy Aug 15, 2021 0 Egypt’s Suez Canal Bank reported on Sunday an 8 percent year-on-year growth in its net profit for the first half of…
Banks Four Egyptian banks back SODIC unit’s first securitisation bond issuance mohamed Hamdy Jul 28, 2021 0 A banking consortium has supported SODIC’s latest securitisation bond programme with a total investment of 343…
Financial Institutions Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance Amwal Al Ghad English Jul 27, 2021 0 Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance…
Featured Egypt’s sovereign funds, banks, investors to set up new education investment platform Amwal Al Ghad English Jul 6, 2021 0 An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, and a…
Banks Egyptian Electricity Transmission Company in talks with banks over EGP4 billion loan Amwal Al Ghad English Apr 29, 2021 0 State-run Egyptian Electricity Transmission Company (EETC) is in talks with a consortium of banks for a loan worth…
Banks Suez Canal Bank: Net profit surges 11% in 2020 mohamed Hamdy Feb 22, 2021 0 Egypt’s Suez Canal Bank reported on Monday an 11 percent year-on-year increase in its net profit after tax to…