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Somabay to renovate Sheraton resort + Egypt to spend another USD 2.6 bn on US arms
Sheraton Soma Bay to get a new look: Somabay has secured an EGP 143 mn loan from Ahli United Bank…
Sovereign bond sales are on the up — and Egypt could be the biggest issuer in the region in 2022
Global sovereign bond sales will hit USD 10.4 tn this year, almost a third above the pre-covid average, S&P Global…
More financing for SMEs + green projects
AUB is getting USD 82 mn to on-lend to SMEs + green projects: Ahli United Bank Egypt (AUB) will receive…
Telecom Egypt secures USD 500 mn loan from international banks
Telecom Egypt has signed a USD 500 mn medium-term loan agreement with a syndicate of 11 international banks, the company…
Sarwa sukuk sets record as biggest yet + first for an NBFS player
Egypt now has a sukuk issuance by a non-banking financial services player under its belt after Sarwa Capital closed its…
IFC confirms AUB Egypt stake sale to Bahraini parent
M&A WATCH- The International Finance Corporation has confirmed it has offloaded its 10% stake in Ahli United Bank’s Egypt unit…
Ahli United Bank purchases 30 mn shares in AUB Egypt
M&A WATCH- Bahrain’s Ahli United Bank (AUB) has purchased more than 30 mn shares in its Egypt unit alongside Misr…
Amer subsidiary borrows EGP 450 mn from Ahli United Bank for Porto Heliopolis project
Amer Group subsidiary Delmar For Touristic Development signed a loan contract with Ahli United Bank for EGP 450 mn on…
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