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EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House
The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National…
BANKING + FINANCE
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BANKING + FINANCE
National Bank of Egypt, CIB, Emirates NBD testing e-KYC automation
The National Bank of Egypt, CIB and Emirates NBD are piloting an automated know your customer system (e-KYC), Federation of…
EFG is looking to consolidate its leasing and factoring arms
EFG Hermes is looking to consolidate its leasing and factoring arms into one entity, EFG Hermes Leasing CEO Ahmed El…
Dice Garments has signed a USD 5 mn medium-term loan contract from Qatar National Bank
Dice Garments has signed a USD 5 mn medium-term loan agreement with Qatar National Bank, according to a disclosure to…
Odin investments in talks to acquire stake in a local financial leasing firm
Odin Investments is in talks to acquire a stake in an unnamed local financial leasing firm, the company said, according…
Concrete Plus Engineering signs EGP 1.8 bn syndicated loan agreement
Concrete Plus Engineering signed a EGP 1.8 bn syndicated loan agreement with the National Bank of Egypt and Qatar National…
BdC in talks with EIB to on-lend EUR 90 to Egyptian SMEs
Banque du Caire (BdC) is in talks with the European Investment Bank to open a EUR 90 mn credit line…
Misr Financial Investments to launch EGP 1 bn investment fund
Banque Misr’s investment arm, Misr Financial Investments, is planning to launch a EGP 1 bn investment fund during the coming…
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