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Infrastructure 
NBE in talks to renew, increase borrowing from international institutions to USD 600 mn
The National Bank of Egypt (NBE) is in talks with a consortium of international financiers to renew and increase a…
Banking
Banque Misr to launch cross-border mortgages
Banque Misr plans to launch a mortgage financing facility soon for Egyptian expats in the UAE interested in owning property…
NBE approves EGP 800 mn in loans as part of the CBE’s tourism rescue initiative
The National Bank of Egypt (NBE) has approved EGP 800 mn in funding to refurbish seven hotels in South Sinai…
Did the CBE deny HDBK’s request to spin off its real estate holdings?
The CBE reportedly denied the Housing and Development Bank’s (HDBK) request to spin off its real estate holdings into a…
EFG Hermes and Al Ahli Bank of Kuwait sign cooperation agreement
EFG Hermes Leasing signed an MoU with Al Ahli Bank of Kuwait-Egypt (ABK) that will see both collaborate on SME…
Foreigners eat up EGP 46.5 bn in T-Bills
Foreign holdings in Egyptian debt rose by EGP 46.5 bn in August to a total of EGP 277.3 bn since…
EDB says still in talks with Afreximbank over joint cooperation framework, no credit facility agreement signed
The Export Development Bank (EDB) is in talks with the African Export-Import Bank (Afreximbank) to establish a joint cooperation framework…
EDB awaits central bank approval on USD 500 mn credit facility agreement with Afreximbank
The Export Development Bank (EDB) is waiting for the central bank’s approval on a USD 500 mn credit facility agreement…
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