Egyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to …
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Arab African International Bank (AAIB)
Arab African International Bank is a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA). With each party holding a 49.37% stake, the Central Bank of Egypt and the Kuwait Investment Authority are the core of AAIB’s shareholder base.
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Banks
Egypt’s Pyramisa negotiating AED40 mln AAIB loan for Dubai project
by Yomna Yasserby Yomna YasserEgypt’s Pyramisa Hotels and Resorts announced Monday ongoing talks to obtain around AED 40 million ($11 million) …
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EGX
Egyptian Capital Market Association celebrates 20th anniversary today
by Yomna Yasserby Yomna YasserThe non-profit Egyptian Capital Market Association is celebrating Tuesday evening its 20th anniversary, under governmental and non-governmental …
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Banks
Egypt’s Madinet Nasr reviews banking offers for $112.5 mln loan
by Yomna Yasserby Yomna YasserEgypt’s Madinet Nasr Housing is studying some banking offers to receive a loan worth one billion Egyptian …
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Banks
14 banks among Egypt’s top taxpayers for this season: tax authority
by Yomna Yasserby Yomna YasserFor the current tax season 2015/2016, 14 banks came among Egypt’s top taxpayers, Osama Tawakol, head of …
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Banks
Arab Investment Bank may become 3rd Egypt public bank to seek bourse listing
by Yomna Yasserby Yomna YasserState-run Arab Investment Bank plans to float some of its shares on Egypt stock exchange, the bank’s …
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Banks
Egypt to float stakes in state-run Banque du Caire, AAIB this year: c.bank chief
by Yomna Yasserby Yomna YasserEgypt will float some shares of two state-run lenders on the Egyptian stock exchange this year, the …
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Banks
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
by Yomna Yasserby Yomna YasserThe decision of Egypt’s central bank on Thursday to set a 9-year term limit for all banks’ …
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Banks
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
by Yomna Yasserby Yomna YasserA group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy …
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Banks
10 banks to sign multi-billion Egyptian pounds loan for power projects today
by Yomna Yasserby Yomna YasserA consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) …