Egypt’s Suez Canal Bank reported on Thursday a net profit worth 2.3 billion Egyptian pounds ($74.2 million) …
Suez Canal Bank
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Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
by Nada Aliby Nada AliThe General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from …
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BanksEgypt NewsMoneyNews
IMF new loan a certificate of trust: to Egypt’s economy: Suez Canal Bank chairman
by Yomna Yasserby Yomna YasserThe International Monetary Fund’s (IMF) executive board approval for a new loan agreement is a certificate of …
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Egypt NewsFinancial InstitutionsNews
GIG Egypt insurance submits $238 million offer to buy AIG
by Nada Aliby Nada AliEgypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt …
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Egypt’s Suez Canal Bank reported on Sunday an 8 percent year-on-year growth in its net profit for …
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A banking consortium has supported SODIC’s latest securitisation bond programme with a total investment of 343 million …
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Financial InstitutionsMoneyReal Estate
Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance
Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance worth …
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FeatureIndustry & TradeTech/AI
Egypt’s sovereign funds, banks, investors to set up new education investment platform
An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, …
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Egyptian Electricity Transmission Company in talks with banks over EGP4 billion loan
State-run Egyptian Electricity Transmission Company (EETC) is in talks with a consortium of banks for a loan …
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Egypt’s Suez Canal Bank reported on Monday an 11 percent year-on-year increase in its net profit after …