The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion …
syndicated loan
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Tech news
Telecom Egypt approves conditions for 13 bln pounds syndicated loan
by Yomna Yasserby Yomna YasserTelecom Egypt (TE) said Thursday that its board of directors has approved conditions for a syndicated loan …
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Financial Institutions
EFG Hermes unit arranges syndicated loan worth 250 mln Egyptian pounds
by Yomna Yasserby Yomna YasserCairo-based investment bank EFG Hermes said Saturday its unit has completed arranging a syndicated loan worth 250 …
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Banks
Egypt’s NBE Bank pumps 900 mln pounds in two property developer loans
by Yomna Yasserby Yomna YasserEgypt’s biggest lender, the state-owned National Bank of Egypt (NBE) has approved to invest 900 million Egyptian …
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Banks
CIB, AAIB studying new financing for Egypt’s Madinet Nasr Housing
by Yomna Yasserby Yomna YasserEgypt’s largest listed lender, Commercial International Bank (CIB) along with the Arab African International Bank (AAIB) are …
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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
National Bank of Egypt mulls $225mn loan to support ports sector
by Yomna Yasserby Yomna YasserNational Bank of Egypt, the biggest state-owned bank, is studying arranging a 2 billion Egyptian pounds ($225.2 …
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Egypt’s second-largest state bank, Banque Misr, is in talks with a foreign financial institution for a €300 …
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Banks
Three banks planning multi-billion pound loan to build power plants in Cairo
by Yomna Yasserby Yomna YasserA consortium of three Egyptian banks is set to arrange a multi-billion Egyptian pound syndicated loan to …
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Banks
EXCLUSIVE: Banks offer Multi-billion pounds Loan to Fund Egypt Power Plant
by Yomna Yasserby Yomna YasserA new banking consortium, involving two of Egypt’s biggest public banks, plans to secure a multi-billion Egyptian …