Shares in Abu Dhabi banks skyrocket early on Sunday on news that National Bank of Abu Dhabi …
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National Bank of Abu Dhabi
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National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC are exploring a potential merger to …
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Banks
7 banks, Dubai developer Majid Al Futtaim sign $281.6mn syndicated loan
by Yomna Yasserby Yomna YasserA consortium of banks including seven banks inked a 2.5 billion Egyptian pounds ($281.6 million) syndicated loan …
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Banks
UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
by Yomna Yasserby Yomna YasserA banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based developer …
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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) …
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Banks
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds (US$1.26 …
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Most Gulf stock markets fell in modest trading volumes Wednesday with the weakness of global equity markets …
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Banks
Six global lenders eye financing Egypt top refinery Midor’s expansion scheme
by Yomna Yasserby Yomna YasserSix foreign lenders are bidding to finance a project to upgrade Egypt’s state-owned Middle East Oil Refinery …