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CIRA, Al Ahly Capital to launch EGP 2 bn educational investment platform
CIRA, Al Ahly Capital to launch EGP 2 bn education investment company: Cairo for Investment and Real Estate Development (CIRA)…
Banque Misr, NBE claim their slots in Bloomberg’s syndicated loans league table
Banque Misr was ranked as the top lead arranger for syndicated loans in Egypt in 9M2021, according to a Bloomberg…
Egyptian women’s empowerment project attracts USD 8 mn in US funding
Egyptian women’s empowerment project attracts USD 8 mn in US funding: USAID has invested USD 8 mn over the past…
Palm Hills to borrow EGP 2.5 bn for New Cairo project
A Palm Hills Development (PHD) subsidiary will borrow EGP 2.5 bn from Banque Misr and the National Bank of Egypt…
Egyptian banks launch EGP 1 bn fintech fund
State-owned banks launch EGP 1 bn+ fintech fund: Several state-owned banks will next month join forces to launch a fund…
CIB to represent Africa on UN’s Net-Zero Banking Alliance steering group
CIB will represent Africa on the steering committee of the UN’s Net-Zero BankingAlliance, a group of 55 financial institutions set…
CIRA to borrow EGP 260 mn to fund capex
CIRA will borrow EGP 260 mn from an undisclosed Egyptian bank to fund upcoming projects, it announced in a bourse…
Construction firm bags EGP 12 bn loan to finance Abu Qir port development
Construction outfit Gharably Integrated Engineering Company (GIECO) is set to receive a huge loan to develop the Abu Qir port,…
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