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Egytrans (Saudi Edition). PLUS: News from ADIB, EgyptAlum, Bostana
Egytrans is partnering with Saudi’s Link Investments to set up a Saudi LLC
Telecom Egypt to extend cross-Mediterranean Medusa subsea cable to the Red Sea + ADIB’s new sukuk move
The state-owned company signed an agreement last year to land the cable at Port Said
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
ADIB Egypt to get USD 50 mn in shariah-compliant IFC funding
Funding to help the bank support SME growth in Egypt
ADIB + NBK give thumbs-up to econ reforms
Two Gulf lenders are positive on Egypt: Senior staff at Abu Dhabi Islamic Bank (ADIB) and National Bank of Kuwait…
Haleon to launch in Egypt next year
ICT- Benya + Al Fanar join forces in Saudi: IT infrastructure contractor Benya Group has signed final agreements with Saudi’s…
It’s earnings season: Credit Agricole, ADIB, Telecom Egypt, Abu Qir, AMOC, TMG
EARNINGS WATCH- Credit Agricole Egypt’s net income after tax rose 37.4% y-o-y in 9M 2022 to EGP 1.6 bn, according…
Elsewedy Electric secures EGP 2 bn in Islamic financing
Elsewedy Electric has secured EGP 2 bn in Islamic financing from a banking consortium led by Abu Dhabi Islamic Bank…
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