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Infrastructure 
Misr Italia receives EGP 650 mn loan for New Cairo business park
Misr Italia for Urban Development has received a EGP 650 mn joint loan from the National Bank of Egypt (NBE),…
NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company
The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait…
Ora Developers signs EGP 1 bn loan with Banque Misr to build ZED Sheikh Zayed with Orascom Construction
Orascom Construction has signed an agreement to build the first phase of ZED Sheikh Zayed with Ora Developers, who secured…
Earnings watch: GB Auto, EIPICO, ADIB, Credit Agricole Egypt report 1Q2020 results
EARNINGS WATCH- GB Auto posted net profits of EGP 138.4 mn in 1Q2020, soaring 430.6% y-o-y from EGP 26.1 mn…
Suez Canal Bank sells Midor stake for USD 30.6 mn
M&A WATCH- Suez Canal Bank sells Midor stake for USD 30.6 mn: The Suez Canal Bank has approved the sale…
National Investment Bank shelves plans to privatize portfolio companies
National Investment Bank shelves plans to privatize portfolio companies: The National Investment Bank (NIB) has postponed plans to market seven…
Central Bank of Egypt leaves rates unchanged in May
CBE decides to keep a bullet in its chamber, leaving rates on hold at MPC meeting: The Central Bank of…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
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