A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based developer …
Arab Bank
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Banks
Arab Bank named Best Trade Finance Bank in the Middle East’ for 2016
by Yomna Yasserby Yomna YasserArab Bank has received the Best Trade Finance Bank in the Middle East 2016 award from the …
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The Arab Bank has achieved nine-month profits after taxes estimated at US$615.1 million versus US$614.2 million in …
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Industry & Trade
Orascom Construction: Banks offer $1.95 billion for Egypt Power Station
by Yomna Yasserby Yomna YasserOrascom Construction intends to raise US$1.95 billion in syndicated loans which will be used for the $3 …
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Arab Bank has recently inaugurated a new branch, located in Egypt’s Sixth of October City, increasing total …
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Banks
Palm Hills Disburses EGP1.89bn from Syndicated Loan for Expansions
by Salma Aymanby Salma AymanAn official banking source in National Bank of Egypt (NBE) has informed Amwal Al Ghad that Palm …
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Banks
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
by Yomna Yasserby Yomna YasserBanque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran …
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Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in …
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Banks
With Participation of 12 Banks, SAIB Leads Arrangement of EGPC’s EGP2bn Loan
by Yomna Yasserby Yomna YasserSociété Arabe Internationale de Banque (SAIB) has signed on Tuesday the long-awaited agreement to arrange, manage and …
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Banks
Supplementary Agreement on Al-Futtaim’s EGP2bn Loan to Be Signed Next Jan.
by Yomna Yasserby Yomna YasserIn a new recent development regarding EGP 2 billion loan for Al-Futtaim Commercial & Administrative Centers SAE …