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ELAB to obtain EGP 1 bn syndicated loan led by the National Bank of Egypt
The National Bank of Egypt (NBE) is acting as lead arranger for a EGP 1 bn, seven-year syndicated loan for…
National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction
The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon…
Egypt’s United Bank sale moving forward, Amer says
M&A WATCH- United Bank sale moving forward: The CBE has appointed one local and one foreign lead advisor on the…
Egypt’s cabinet approves new Banking and Central Bank Act
LEGISLATION WATCH- Cabinet greenlights Banking Act: The Madbouly Cabinet has approved in its weekly meeting a 242-article final draft of…
What we’re tracking on 3 October 2019
It’s a very meaty issue for you today as we head into a nice long weekend ahead of us: Prime…
SAIB leading group of Egyptian banks to arrange EGP 1 bn loan for Dorra Real Estate
SAIB Bank is in talks with a number of unnamed local banks to arrange a EGP 1 bn syndicated loan…
Egypt’s money supply growth slows down in August
Money supply growth slows in August: M2 money supply grew at 11.78% y-o-y in August, compared to 12.1% in July,…
Foreign reserves inch up to USD 45.11 bn in September
Foreign reserves crept up to USD 45.11 bn in September, up from USD 44.97 bn in August, the Central Bank…
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