The board of Egypt’s Commercial International Bank (CIB) said Sunday it has asked its management to determine …
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Commercial International Bank
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Banks
National Bank of Egypt leads Consortium for East Delta Electricity’s EGP750mn Loan
by Yomna Yasserby Yomna YasserThree major banks in Egypt will be arranging a multi-million Egyptian pound syndicated loan in favour of …
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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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Blogging
Egypt’s Banking Sector: Beacon of Stability; CIB Chief writes
by Yomna Yasserby Yomna YasserIn his recent article at The Hill newspaper, high-profile Egyptian banking figure Hisham Ezz Al-Arab writes about the …
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Egypt’s Commercial International Bank (CIB) said on Wednesday Citigroup had opened its books for a due diligence …
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Banks
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
by Yomna Yasserby Yomna YasserAhli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian …
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Banque Du Caire is pumping US$80 million in a loan arranged for Egypt’s ElSewedy Electric Company, a …
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Financial Institutions
Egypt’s Top Performing Companies Ignore Online Presence: Business Directory
by Salma Aymanby Salma AymanEgyptian companies do not realise the potential of an online presence, according to a study conducted by …
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Banks
EBRD provides $50 million Trade Finance Line to Egypt’s Biggest Bank
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development is supporting the expansion of international trade in Egypt with …
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Fitch Ratings has upgraded the Long-term Issuer Default Ratings (IDR) of the National Bank of Egypt, largest …