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Egyptian Steel in talks to obtain EGP 2 bn in Islamic financing
The Egyptian Steel Group is seeking EGP 2 bn in shariah-compliant funding to increase its working capital and finance the…
BANKING + FINANCE
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BANKING + FINANCE
NBE manages EGP 3.5 bn joint loan for Ezz Steel
The National Bank of Egypt (NBE) is managing a EGP 3.5 bn joint loan for the Ezz Steel Group to…
NBE to obtain EUR 800 mn of EIB funding next month
The National Bank of Egypt expects to land in the coming month some EUR 800 mn in funding agreed last…
Cairo Festival Mall, Premium Card to launch no interest installment program
Cairo Festival Mall is providing its shoppers with a zero interest pament payment program with Premium Card Group, according to…
Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments
Banque Misr has arranged four shariah-compliant syndicated facilities worth EGP 3.6 bn for Al Marasem International Development for projects in…
NBE, Banque Misr among top 20 MENA banks for syndicated loans -Bloomberg
The National Bank of Egypt (NBE) and Banque Misr made Bloomberg’s 1H2020 league table for syndicated facilities in MENA, according…
National Bank of Egypt arranges EUR 540 mn loan for Spinning and Weaving holding co.
The National Bank of Egypt has arranged a EUR 540 mn loan for state-owned Holding Company for Spinning and Weaving…
Export Development Bank granted factoring license
The Export Development Bank of Egypt has received a license from the Financial Regulatory Authority to offer factoring and registration…
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