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EBRD preliminarily agrees to lend EUR 400 mn to Egypt’s Damietta Port Authority
The European Bank for Reconstruction and Development (EBRD) has agreed in principle to lend EUR 400 mn to the Damietta…
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NBE looks to arrange EGP 2.4 bn syndicated loan for EGPC
The National Bank of Egypt is in talks with local banks to arrange a EGP 2.4 bn syndicated loan for…
Banking consortium to lend Al Nasr Coke USD 100 mn for coke-oven battery
A local banking consortium led by the Bank of Alexandria is arranging a USD 100 mn loan for Al Nasr…
Beshay Steel subsidiary seeking EGP 3.5 bn loan from local banks
Egyptian Sponge Iron and Steel (ESIS), a subsidiary of Beshay Steel, is holding talks with a number of local banks,…
Egyptalum estimates expansion project at EGP 13.9 bn
Egypt Aluminum (Egyptalum) has revised to EGP 13.9 bn its cost estimation for a planned capacity expansion project, the company…
Egypt seeking EBRD loan for 6 October-El Manashy railway
The Transport Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) for a EUR 100 mn…
NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line
The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import…
SMEs Authority in talks with Banque Misr for EGP 500 mn for new projects
The SMEs Development Authority is in talks with Banque Misr to receive a EGP 500 mn loan to offer financing…
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