CIB obtains $100m support loan from CDC
Loan forms part of executive management plans to strengthen CIB’s capital base,…
NBE, AAIB mull $750m loan for Abu Tartur phosphate project
Project’s implementation is likely to start in 4Q 2020
Banque Misr arranges EGP 1.5bn loan to finance Damietta Furniture City
Project aims to establish integrated industrial city that includes furniture manufacturers and…
Egypt’s new IMF loan agreement stimulates stock market
The benchmark index EGX30 closed at 11,108 points, while the EGX70 EWI…
New IMF loan slows down US dollar appreciation against Egyptian pound
Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…
Afreximbank anticipates raising over $1bn in syndicated loan despite COVID-19
Market’s confidence in bank, despite current uncertainty, was testament to strength of…
NBE, EG Bank, AIB arrange syndicated EGP 650m loan to Misr Italia properties
Joint loan’s arrangement reflects participating banks’ support for real estate sector
Banque du Caire, EIB sign $100m loan agreement to finance SMEs
Fayed also emphasised that Banque du Caire’s keenness to boost and diversify…
EBRD grants $100m senior loan to QNB Alahli to support local businesses
EBRD ready to dedicate €21bn over 2020/2021 to combat economic impacts of…
MNHD, NBE, Banque Misr, AAIB sign loan contract worth EGP 2.1bn
Company aims for EGP 3bn in revenues in 2020, says Al-Hatimi