EBRD, Banque Misr back 5G rollout with $80m
The European Bank for Reconstruction and Development (EBRD) and Banque Misr are providing a syndicated loan worth…
Browsing Tag
syndicated loan
Al Ahli Bank of Kuwait–Egypt joins consortium for El Sewedy Electric’s EGP 2 billion loan
Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) announced on Tuesday it is joining a consortium of seven banks to provide…
Egypt’s Banque Misr mulls committing EGP20.8 billion in joint lending
Banque Misr, Egypt’s second largest bank, is studying committing 20.8 billion Egyptian pounds ($1.3 billion) in…
NBE leads major loan to build campuses for European universities in Egypt
The National Bank of Egypt (NBE), the country’s largest public lender, has led a 962 million Egyptian pound ($61.2…
A tourism village construction firm, Remco in talks over EGP 3.3bn syndicated loan
Remco for Tourism Villages Construction and its sister and subsidiary companies are in negotiations over a…
Banque Misr arranging EGP2bln syndicated loan for a real estate developer
Banque Misr, Egypt's second largest bank, is arranging a syndicated loan of 2 billion Egyptian pounds ($99.996…
Egypt’s Banque Misr mandated lead arranger for Beshay Steel loan
Egypt’s Banque Misr said on Monday it took part in a syndicated loan facility worth 2.9 billion Egyptian pounds…
Saudi Arabia’s Alhokair seeks early repayment for Egypt mall loan
Marakez, a subsidiary of Saudi Fawaz Alhokair Group, is in talks with seven banks on paying off around 1.6 billion…
Telecom Egypt to get UAE banks-led $500 mln loan before year-end
Telecom Egypt, the country’s largest internet provider, will secure a loan of $500 million arranged by First Abu…
Telecom Egypt to raise UAE banks’ syndicated loan of $500mn
Telecom Egypt, the country’s largest internet provider, is raising a $500 million syndicated loan for capital and…
Egyptian Electricity Holding signs Credit Suisse and HSBC-led $900 mln loan
State-owned Egyptian Electricity Holding Company (EEHC) has electronically signed on Tuesday a $900 million…
Egyptian Electricity Holding to sign multi-billion pound loan deal this week
The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion…
Telecom Egypt approves conditions for 13 bln pounds syndicated loan
Telecom Egypt (TE) said Thursday that its board of directors has approved conditions for a syndicated loan worth…
EFG Hermes unit arranges syndicated loan worth 250 mln Egyptian pounds
Cairo-based investment bank EFG Hermes said Saturday its unit has completed arranging a syndicated loan worth 250…
Egypt’s NBE Bank pumps 900 mln pounds in two property developer loans
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) has approved to invest 900 million Egyptian…
CIB, AAIB studying new financing for Egypt’s Madinet Nasr Housing
Egypt’s largest listed lender, Commercial International Bank (CIB) along with the Arab African International Bank…
7 banks, Dubai developer Majid Al Futtaim sign $281.6mn syndicated loan
A consortium of banks including seven banks inked a 2.5 billion Egyptian pounds ($281.6 million) syndicated loan…
National Bank of Egypt mulls $225mn loan to support ports sector
National Bank of Egypt, the biggest state-owned bank, is studying arranging a 2 billion Egyptian pounds ($225.2…
Banque Misr in talks for €300 million syndicated loan
Egypt's second-largest state bank, Banque Misr, is in talks with a foreign financial institution for a €300 million…
Three banks planning multi-billion pound loan to build power plants in Cairo
A consortium of three Egyptian banks is set to arrange a multi-billion Egyptian pound syndicated loan to build two…
EXCLUSIVE: Banks offer Multi-billion pounds Loan to Fund Egypt Power Plant
A new banking consortium, involving two of Egypt’s biggest public banks, plans to secure a multi-billion Egyptian…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…
National Bank of Egypt leads Consortium for East Delta Electricity’s EGP750mn Loan
Three major banks in Egypt will be arranging a multi-million Egyptian pound syndicated loan in favour of the…
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…
Palm Hills in Talks with AAIB Over EGP2.4bn Syndicated Loan
Egypt-based real estate developer Palm Hills Development announced it is in talks with the Arab African…
Palm Hills in Talks with AAIB Over EGP2.4bn Syndicated Loan
Egypt-based real estate developer Palm Hills Development announced it is in talks with the Arab African…
Arab Investment Bank Mulls Arranging EGP1 bln Syndicated Loan
Arab Investment Bank of Egypt (AIB) is considering to arrange an EGP one billion syndicated loan in favour of…
Mobinil Signs EGP2.36 billion Syndicated Loan with 8 Banks
The Egyptian Company for Mobile Services – Mobinil (EMOB.CA) announced on Thursday it signed a syndicated loan…
Banque Du Caire May Increase Misr Petroleum, COOP’s Loan to EGP3 bln
Banque Du Caire is considering to increase a loan designated for the state-owned Misr Petroleum and Petroleum…
Mobinil Receives 3 Financing Bids to Provide EGP2.5 bln Loan
The Egyptian Company For Mobile Services (Mobinil) - (EMOB.CA) had recently received financing bids from 3 major…
Essam Abu Hamed: EGP 50 Mln Increase in Hyde Park’s Loan
Essam Abu Hamed, Chairman of Hyde Park Properties for Development, said EGP 50 million will be added to Hyde Park’s…
Maridive Denies US$50 Mln Loan From Banque Du Caire
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle…
IPEC signs a USD 850 m syndicated loan
Abu Dhabi's International Petroleum Investment Company has signed an $850 million, three-year syndicated loan with…