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New fiscal year kicks off with management changes across public, private sectors
Hoping to kick off the new fiscal year with a fresh start, the public and private sectors are busy appointing…
Who’s in the market for debt? Vetopharm Int’l + EDB
Vetopharm International has obtained a EGP 650 mn syndicated loan from local banks to finance a new production facility in…
National Bank of Egypt, Banque Misr chairmen reappointed for three-year terms
MOVES- National Bank of Egypt and Banque Misr bosses get three more years in office: A statement (pdf) says that…
EgyLease negotiated EGP 400 mn loan with Banque Misr
EgyLease is in talks with Banque Misr for a EGP 400 mn loan to finance the company’s expansion plans, Chairman…
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…
Industrial Development Bank to contribute USD 10 mn to El Canal Sugar’s loan
The Industrial Development Bank is providing USD 10 mn in a syndicated loan for El Canal Sugar Company, a bank…
Egypt’s IDB grants EGP 50 mn to Tamweely for MSMEs
The Industrial Development Bank (IDB) has signed a EGP 50 mn agreement with microfinance company Tamweely to provide financing for…