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Aman for Microfinance plans to double capital to EGP 100 mn by year-end
Raya Holding’s Aman for Microfinance is planning to double its capital by year-end to EGP 100 mn, Aman’s CEO Ahmed…
Suez Canal Authority agrees with FinMin to pay off debts to state-owned banks
The Suez Canal Authority (SCA) has reportedly reached an agreement with the Finance Ministry that will see the ministry paying…
AAIB in talks with banks to arrange EGP 1 bn joint loan for Middle East Glass
The Arab African International Bank (AAIB) is looking to arrange a EGP 1 bn joint loan for EGX-listed Middle East…
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…
Mortgage Finance Fund to receive USD 60 mn loan from World Bank in June
The Mortgage Finance Fund (MFF) will receive c.USD 60 mn from the World Bank this June, Chairman Mai Abdel Hamid…
Vodafone takes out EGP 2.1 bn from two bank loans to fund capital expenses
Vodafone Egypt has withdrawn EGP 2.1 bn worth of financing from two bank loans, bank sources familiar with the matter…
CBE gives Banque du Caire nod to buy out Cairo International Bank
M&A WATCH- CBE gives Banque du Caire the nod to buy out Cairo International Bank: The Central Bank of Egypt…
Enterprise poll: CBE could cut rates by up to 100 bps this Thursday
SURVEY- CBE could cut key interest rates this Thursday: The Central Bank of Egypt (CBE) could cut its key interest…
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