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Infrastructure 
NBE looks to arrange EGP 2.4 bn syndicated loan for EGPC
The National Bank of Egypt is in talks with local banks to arrange a EGP 2.4 bn syndicated loan for…
Banking
Banking consortium to lend Al Nasr Coke USD 100 mn for coke-oven battery
A local banking consortium led by the Bank of Alexandria is arranging a USD 100 mn loan for Al Nasr…
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.…
Banque Misr begins issuing Meeza debit cards
Banque Misr has begun issuing “Meeza” debit cards as of the beginning of this month, an unnamed source from the…
Banque du Caire in talks for USD 30 mn loan for SMEs
Banque du Caire is in talks with the Arab Fund for Social and Economic Development over a USD 30 mn…
Beshay Steel subsidiary seeking EGP 3.5 bn loan from local banks
Egyptian Sponge Iron and Steel (ESIS), a subsidiary of Beshay Steel, is holding talks with a number of local banks,…
Egyptalum estimates expansion project at EGP 13.9 bn
Egypt Aluminum (Egyptalum) has revised to EGP 13.9 bn its cost estimation for a planned capacity expansion project, the company…
MetLife taps its US and EMEA business president Khalaf as CEO
MOVES- Global life insurer, New York-based MetLife has tapped its US and EMEA business chief Michel Khalaf (bio) as CEO,…
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