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What’s going on with Egypt’s repayment of the Suez Canal certificates?
What’s going on with the Suez Canal certificate payments? Reports emerged in the local press yesterday claiming that the Finance…
banking
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Al Yosr Group to borrow EGP 1.1 bn from three banks
Al Yosr Group has signed loan agreements with Banque du Caire (BdC), Suez Canal Bank (SCB) and the Industrial Development…
BdC looks to issue EGP 20 bn in corporate financing by end of 2020
State-owned Banque du Caire (BdC) plans to issue EGP 20 bn in corporate loans by the end of 2020, an…
Hegazy & Partners to form consortium with Moamalat advisory on sukuk issuances
Hegazy & Partners law firm is planning to form a consortium with Moamalat advisory firm to co-manage the issuance of…
Marakez signs EGP 1.5 bn syndicated loan for Mall of Katameya construction
Mall developer Marakez has signed a EGP 1.5 bn syndicated loan agreement to finance the first phase of its planned…
Unido to provide USD 5.6 mn to fund solar thermal heating in Egyptian factories
Unido to provide USD 5.6 mn to finance solar thermal heating in factories: The United Nations Industrial Development Organization (Unido)…
Banque du Caire in negotiations to increase loan to USD 100 mn
Banque du Caire (BdC) is in talks with an unnamed Arab financing institution to increase a USD 50 mn loan…
Investors want the CBE to extend its tourism sector initiative
Investors are petitioning the Central Bank of Egypt to extend its tourism rescue initiative for investors and businesses operating in…
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