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Egypt’s central bank studying plan to hedge against bank investments in SMEs
CBE studying plan to hedge against bank investments in SMEs: The Central Bank of Egypt (CBE) and its newly established…
Banque Misr looks to borrow USD 250 mn for Africa expansion
Banque Misr eyes USD 250 mn loan for SME finance: Banque Misr is in talks with two unnamed international institutions…
Cairo Housing signs EGP 580 mn loan with ADIB to finance Point 90 mall
The Cairo Housing and Development Company’s board of directors has approved a loan agreement with the Abu Dhabi Islamic Bank…
El Sisi ratifies USD 130 mn loan with Arab Fund to develop electric grid
President Abdel Fattah El Sisi has ratified a loan agreement worth KWD 40 mn (USD 130 mn) from the Arab…
Telecom Egypt taps EFG Hermes, Citibank, Al Tamimi to advise on acquisition options
M&A WATCH- TE officially hires EFG Hermes and Citibank to advise on acquisition options: Telecom Egypt’s board of directors approved…
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance: The Finance Ministry has tapped Credit Agricole, Citibank,…
EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House
The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National…
Central Bank of Egypt launches its mortgage finance program
The Central Bank of Egypt (CBE) has launched its EGP 50 bn mortgage finance program for middle-income housing ahead of…
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