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National Bank of Egypt, Banque Misr sell EGP 121 bn of high-yield certificates
State banks sell EGP 121 bn of high-interest saving certificates: National Bank of Egypt (NBE) has sold EGP 82 bn…
National Bank of Egypt
Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City
Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports,…
MidElec to borrow EUR 30 mn to boost power to Midor refinery
Midor’s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase…
Al Ahly Capital to enter healthcare sector with hospital purchase
M&A WATCH- Al Ahly Capital to enter healthcare sector with hospital purchase: Al Ahly Capital Holding, the investment arm of…
National Bank of Egypt dishes out EGP 27 bn of loans to factories under CBE initiative
NBE dishes out EGP 27 bn of loans to factories under CBE’s local industry initiative: The National Bank of Egypt…
NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan
The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National…
Egypt’s state banks sell EGP 92 bn of high-yield certificates
The National Bank of Egypt has sold EGP 62 bn of its 15% fixed-rate certificates to some 340k customers, Chairman…
Raya aims to reissue EGP 700 mn in securitized bonds
DEBT WATCH- Raya looks to re-issue asset-backed securities with lower interest following CBE cuts: Raya Holding is looking to recover…
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