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HC Securities currently advising on four M&As in the local market
HC Securities and Investment is currently advising on four acquisitions in the local market worth a total EGP 2 bn,…
Banking + Finance
Home / Banking + Finance
NBE receives USD 200 mn tranche of USD 300 mn Afreximbank loan
The National Bank of Egypt (NBE) has received a USD 200 mn tranche of its USD 300 mn facility from…
CBE instructs banks to verify licensing of charities before accepting donations
The CBE has instructed banks to make sure NGOs and charities have the required licenses from the Social Solidarity Ministry…
TE signs USD 200 mn short-term loan agreement with AfreximBank
State-owned landline monopoly Telecom Egypt signed yesterday a USD 200 mn short-term loan agreement with the African Export-Import Bank (AfreximBank)…
FRA launches insurance database
The Financial Regulatory Authority (FRA) launched yesterday its comprehensive electronic database for the insurance industry, which will include information on…
Raya’s Aman to hold talks with four banks to borrow EGP 481 mn
Raya Holding subsidiary Aman is planning to hold talks with four unnamed local banks to borrow EGP 481 mn to…
Abu Qir mandates NBE, QNB, Banque Misr to arrange EUR 105 mn
Abu Qir Fertilizers’ board of directors agreed on Tuesday to mandate a consortium made up of the National Bank of…
Jordan’s Ethmar for Islamic Finance plans to enter Egyptian market in 3-5 years
Amman-based Ethmar for Islamic Finance is planning to enter the Egyptian market within 3-5 years, says CEO Ziyad El Refaei.…
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