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National Bank of Egypt expands internet, mobile banking platforms
The National Bank of Egypt (NBE) has added new services to its internet banking platform its mobile banking app, the…
National Bank of Egypt
Spinning and Weaving Holding co. set to receive EUR 540 mn loan this month
State-owned Holding Company for Spinning and Weaving is expected to receive by the end of this month a EUR 540…
Faragalla Group secures EGP 995 mn syndicated loan from Egyptian banks
Faragalla Group has signed a EGP 995 mn syndicated loan agreement with CIB, the Arab African Bank, and the National…
National Bank of Egypt in loan talks with EGOTH, HOTAC to finance hotel renovations
The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with the National Bank of Egypt (NBE) for…
EBRD extends further USD 100 mn for trade facilitation in Egypt
DEBT WATCH- EBRD extends another USD 100 mn for trade finance through Banque Misr: The European Bank for Reconstruction and…
Egyptian Media Production City acquires 97.5% of Arab Hotel Company
M&A WATCH- Media Production City increases holdings in Arab Hotel Company: State-owned Egyptian Media Production City (EMPC) has acquired a…
Rubex to restart expansion plans after covid-caused delays
Plastic and acrylic manufacturer Rubex is restarting plans to build four new factories this year, after having put the expansion…
Shareholders look to sell c. 7% stake in Fawry
Shareholders look to sell 7% stake in Fawry: A group of shareholders are looking to sell a combined stake of…
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