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Infrastructure 
Abu Qir Fertilizers vetting three offers for EGP 600 mn loan for nitric acid project
Abu Qir Fertilizers is vetting offers from three banking consortiums for a EGP 600 mn loan needed for its nitric…
Banking
EIB, NBE in talks over second tranche of financing agreement to support Egypt’s SMEs
The National Bank of Egypt (NBE) is in talks with the European Investment Bank (EIB) over the second tranche of…
CBE requires banks to conduct an external quality assurance audit at least once every five years
The central bank issued a directive to banks on Sunday requiring them to conduct an external quality assurance audit by…
CI Capital in talks with unnamed banks to manage EGP 100 mn equity funds
CI Capital is in talks to take on the management of two equity funds with combined assets under management of…
NBG receives greenlight to exit local market, to begin receiving offers for local assets in August
The National Bank of Greece (NBG) will begin next month receiving offers from banks in the domestic market looking to…
EIB, NBE sign EUR 375 mn financing agreement to support Egypt’s SMEs
The European Investment Bank (EIB) and National Bank of Egypt (NBE) have signed a EUR 375 mn financing agreement to…
NI Capital’s Tamweely receives final microfinance license
NI Capital’s Tamweely announced yesterday that it received its final microfinance license on 8 July, which will allow the company…
Independent financial advisor puts Qalaa Holdings fair value at EGP 6.34 per share
Qalaa Holdings shares are valued at EGP 6.34 per share, according to a fair value report conducted by independent financial…
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