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EIB, NBE sign EUR 375 mn financing agreement to support Egypt’s SMEs
The European Investment Bank (EIB) and National Bank of Egypt (NBE) have signed a EUR 375 mn financing agreement to…
Banking + Finance
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NI Capital’s Tamweely receives final microfinance license
NI Capital’s Tamweely announced yesterday that it received its final microfinance license on 8 July, which will allow the company…
Independent financial advisor puts Qalaa Holdings fair value at EGP 6.34 per share
Qalaa Holdings shares are valued at EGP 6.34 per share, according to a fair value report conducted by independent financial…
MBE to offer EUR 100 mn to Egypt’s export companies as credit facilities
Misr Bank-Europe is planning to provide Egyptian exporters with as much as EUR 100 mn in credit facilities “in the…
BdC studies participation in EGP 2.3 bn loan to Al Ghurair Group’s Al Canal Sugar
Banque du Caire (BdC) is considering joining a consortium of local banks in providing Al Ghurair Group’s Al Canal Sugar…
CI Capital funds top EIMA’s 1H2018 rankings
CI Capital said yesterday it topped all classes in the Egyptian Investment Management Association (EIMA) Funds’ 1H2018 report. CIB’s Istethmar…
NBE to direct USD 150 mn of USD 750 mn loan towards SME financing
The National Bank of Egypt (NBE) is planning to direct USD 150 mn of a USD 750 mn syndicated loan…
Lebanon’s Blom Bank sees “significant growth” from Egypt arm
Lebanon’s Blom Bank is seeing “significant growth” from its arm in Egypt this year, Chairman Saad Azhari said yesterday, according…
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