Tag: Loan

IFC provides $150m loan to CIB to support MSMEs in Egypt

The International Finance Corporation (IFC) has announced a $150m financing package for…

Daily News Egypt Daily News Egypt

HDB achieves independent profits of EGP 12.275bn in September, with 76.8% growth

Housing and Development Bank (HDB) has cemented its leading position as one…

Hossam Mounir Hossam Mounir

CIB reports Q3 standalone revenues of EGP 25.2bn

The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone…

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AAIB-NBE alliance grants Roya Developments EGP 5.6bn loan

The Arab African International Bank (AAIB) and the National Bank of Egypt…

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Al-Ahly Pharos spearheads three loan deals totalling EGP 21bn

Company aims to conclude eight diverse deals this year

Fatma Salah Fatma Salah

IMF nears completion of Egypt loan review, eyes “mega-sized” increase

Egypt and the International Monetary Fund (IMF) are nearing completion of the…

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Egypt secures $250m loan from AFC, ITFC for GASC, EGPC

Egypt has secured a $250m Sharia-law compliant trade loan facility from the…

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IMF chief, US Treasury Secretary to meet with Egyptian officials over loan, reforms

IMF chief Georgieva and US Treasury Secretary Yellen will meet Egyptian officials…

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ABE’s loan portfolio grows by 19% to EGP 77.8bn in November 2023

Bank follows President Al-Sisi’s directives to boost agricultural sector, says Farouk

Hossam Mounir Hossam Mounir

CIB secures $150m loan from EBRD

In continuation of the Management's commitment to proactively strengthen the Bank's capital…

Daily News Egypt Daily News Egypt