Tag: Arab Bank

Arab Bank provides EGP 4.2bn of finance for Orascom Construction’s Grand Metro 402 project

Arab Bank and Orascom Construction have signed a cooperation agreement to finance…

Daily News Egypt Daily News Egypt

NBE leads banking alliance to provide EGP 2bn in financing to Oilex

The National Bank of Egypt (NBE) is leading an alliance of banks…

Hossam Mounir Hossam Mounir

Edita, Arab Bank sign EGP 105m medium-term loan 

The facility, which comes with a seven-year term, is eligible for issue…

Alyaa Stohy Alyaa Stohy

Edita subsidiary obtains MAD 80m from Arab Bank – Morocco

Company’s Morocco factory will start operations by beginning of 2021, says Shams…

Alyaa Stohy Alyaa Stohy

Sustaining high levels of growth and investment is important for raising people’s incomes: Elwy

The government initiated structural reforms to welcome greater levels of investment and…

Hossam Mounir Hossam Mounir

Arab Bank increase number of branches in Egypt to 41

The bank aims to enhance its local spread and be the best…

Daily News Egypt Daily News Egypt

Hariri family sells its share in Arab Bank to group of investors

Oger Middle East Holding Company, owned by the Hariri family, sold its…

Hossam Mounir Hossam Mounir

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE

Banking sector accounts for 77% of total outstanding balances of bills

Hossam Mounir Hossam Mounir

EGP 2.5bn syndicated loan to Majid Al Futtaim

Alex Bank and the National Bank of Abu Dhabi will act as…

Daily News Egypt Daily News Egypt

Lawsuits against Arab Bank rejected before US courts

The second US Circuit Court of Appeals in New York rejected claims…

Hossam Mounir Hossam Mounir