Tag: Loans

Egypt’s debt burden to see no relief as infusion of debt stimulus to spiral upward

After the EEDC, at least $8.3bn in loans has been agreed to…

Doaa Farid

CBE controls bank operations by applying sticker obligations

CBE prohibits Egyptian banks from offering retail loans with monthly instalments that…

Hossam Mounir

Egypt received first $500m portion of loan from AfDB: Amer

The CBE awaits the first portion of the loan agreed upon with…

Hossam Mounir

NBE arranged 17 syndicated loans valued at EGP 65bn in 2015: Deputy Chairman

Electricity sector accounted for EGP 30.8bn; 14.8bn for petroleum; 9.45bn for construction;…

Hossam Mounir

Banque Misr arranges EGP 43.5bn loans to several economic sectors

Loans will be granted to construction, shipping, electricity, and energy sectors, among…

Hossam Mounir

NBE arranges loans for electricity sector worth EGP 39.4 in five years

The bank intends to support the national economy by funding national projects

Hossam Mounir

Banks to discuss deposits and loans, await decisions on return on debt instruments

Banks are meeting after the CBE lifted its basic interest rate by…

Hossam Mounir

EGP 1.8bn increase in Barclays Egypt bank loans in 9 months

Clients’ loans in Barclays Egypt increased by EGP 1.8bn during the first…

Daily News Egypt

Saudi fund loans $100m to expand West Cairo Power Station

Government delegation visits Riyadh to complete the negotiations in, says source

Daily News Egypt