National Bank of Egypt, the country’s largest state-owned lender by assets, is putting together a group of …
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Banks
Bank ABC may inject $100 mln in Egyptian electricity sector loan
by Yomna Yasserby Yomna YasserABC Bank Egypt says it may contribute $100 million, in cooperation with its parent Bank ABC, to …
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Industry & Trade
CAPMAS reports 13.3% fall in Egypt’s annual urban inflation last March
by Yomna Yasserby Yomna YasserThe Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban consumer …
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Orange Egypt, part of French telecom giant, announced Thursday reaching an agreement with a consortium of eight …
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Real Estate
Egyptian National Railways to develop 1,000 level crossing soon
by Yomna Yasserby Yomna YasserEgyptian National Railways Authority (ENR) plans to develop about 1,000 level crossing, at a total cost exceeding …
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Banks
ADIB arranges 1 bln pounds loan for Al-Marasem International for Development
by aya salahby aya salahAbu Dhabi Islamic Bank arranging one billion Egyptian pounds loan in favor of Marasem International for Urban …
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Real Estate
Egypt to seize new tranche from World Bank’s $550mn sewage loan before next June
by Yomna Yasserby Yomna YasserEgypt will attain a new tranche worth $100 million out of the World Bank’s $550 million loan …
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Banks
Exclusive: Shares of 5 banks in two Egyptian state-run oil firms’ loan
by Yomna Yasserby Yomna YasserA consortium of five Egyptian banks signed last week a financing agreement worth 4 billion Egyptian pounds …
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The European Bank for Reconstruction and Development (EBRD) has secured a $52 million loan to Angel Yeast …
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Financial Institutions
Egyptian tax revenues rise 61% in H1 of FY2017/18
by Yomna Yasserby Yomna YasserEgypt’s tax revenues rose by 61 percent year-on-year during the first half of financial 2017/2018 that began …