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Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups
INVESTMENT WATCH- Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups: Local startup investor…
National Bank of Egypt
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National Bank of Egypt
Misr Italia receives EGP 650 mn loan for New Cairo business park
Misr Italia for Urban Development has received a EGP 650 mn joint loan from the National Bank of Egypt (NBE),…
NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company
The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait…
Suez Canal Bank sells Midor stake for USD 30.6 mn
M&A WATCH- Suez Canal Bank sells Midor stake for USD 30.6 mn: The Suez Canal Bank has approved the sale…
MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr
Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of…
National Bank of Egypt, Banque Misr sell EGP 121 bn of high-yield certificates
State banks sell EGP 121 bn of high-interest saving certificates: National Bank of Egypt (NBE) has sold EGP 82 bn…
Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City
Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports,…
MidElec to borrow EUR 30 mn to boost power to Midor refinery
Midor’s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase…
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