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Fair share value for Emisal acquisition set before end of month
M&A WATCH- Fair share value for Emisal acquisition decided soon: A fair share value study for Emisal Salts will be…
National Bank of Egypt
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National Bank of Egypt
NBE issues EGP 1.75 bn letters of guarantees for monorail projects
The National Bank of Egypt (NBE) issued six letters of guarantee worth EUR 64.9 mn (EGP 1.75 bn) to a…
Three banks cover NUCA’s EGP 6 bn securitization bond tranche
Three local banks fully covered the EGP 6 bn of securitization bonds offered by the New Urban Communities Authority (NUCA)…
NACC begins talks with major banks for EGP 20 bn financing
The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20…
GCC-Egyptian consortium looking to acquire Emisal Salts for at least EGP 700 mn
M&A WATCH- A bidding war for Emisal Salts? A consortium made up of Kuwait’s Al Madar Finance and Investment and…
NUCA agrees with Egyptian banks on EGP 6 bn loan
The New Urban Communities Authority (NUCA) has agreed with a banking consortium on a EGP 6 bn loan to meet…
Al Marasem agrees Sharia-compliant credit facilities worth EGP 1.6 bn for Fifth Square residential project
Al Marasem Development signed contracts for Sharia-compliant revolving credit facilities worth EGP 1.6 bn with a consortium of six banks…
European University in Egypt in talks for EGP 750 mn loan
The European University in Egypt is in talks with banks, including Banque Misr and the National Bank of Egypt, for…
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