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NUCA agrees with Egyptian banks on EGP 6 bn loan
The New Urban Communities Authority (NUCA) has agreed with a banking consortium on a EGP 6 bn loan to meet…
National Bank of Egypt
Al Marasem agrees Sharia-compliant credit facilities worth EGP 1.6 bn for Fifth Square residential project
Al Marasem Development signed contracts for Sharia-compliant revolving credit facilities worth EGP 1.6 bn with a consortium of six banks…
European University in Egypt in talks for EGP 750 mn loan
The European University in Egypt is in talks with banks, including Banque Misr and the National Bank of Egypt, for…
Egypt’s NUCA names managers of planned EGP 10 bn bond securitization
The New Urban Communities Authority has selected EFG Hermes, CIB, National Bank of Egypt, and Arab African International Bank to…
EBRD earmarks USD 100 mn for female entrepreneurs in Egypt
INVESTMENT WATCH- The EBRD has earmarked USD 100 mn to support SMEs run by Egyptian women, Regional Principal Manager for…
NBE, QNB, BM consortium to arrange loan for Egypt’s Abu Qir Fertilizers
A banking consortium comprised of the National Bank of Egypt, QNB Al Ahli, and Banque Misr has pledged to arrange…
National Bank of Egypt will begin issuing “Meeza” debit cards today
The National Bank of Egypt will begin issuing “Meeza” debit cards as of today, Retail CEO Alaa Farouk tells Masrawy.…
Electricity Ministry to launch tender for five power transmission control centers
The Egyptian Electricity Holding Company (EEHC) is issuing a limited tender for three international companies to build five power transmission…
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