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Electricity Ministry to launch tender for five power transmission control centers
The Egyptian Electricity Holding Company (EEHC) is issuing a limited tender for three international companies to build five power transmission…
Egypt’s Misr Capital Investments hires new team to lead restructuring
Banque Misr’s investment banking arm gets new team amid restructuring plans: Misr Capital Investments, the investment banking arm of state-owned…
Banque Misr expects AfreximBank to agree USD 550 mn loan soon
Banque Misr will sign an agreement to borrow USD 550 mn from the African Export-Import Bank (AfreximBank) “within weeks,” Banque…
Banking sector continues to seek large foreign loans to prop up the EGP?
Banking sector continues to seek large foreign loans to prop up the EGP? Banque Misr is looking to borrow USD…
State banks are considering issuing letters of guarantee for Dabaa nuclear project
The Nuclear Power Plant Authority (NPPA) is negotiating with local banks for letters of guarantee worth USD 300-400 mn to…
Egypt’s Banque Misr sells 2% stake in Saudi’s Samba
M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia’s Samba Financial Group for USD 370 mn, Vice…
Ezz Steel Rolling Mills to borrow EGP 2.5 bn for working capital, expansion
Ezz Steel subsidiary Al Ezz Rolling Mills is near closing a EGP 2.5 bn loan agreement with five local banks…
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