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Earnings watch: Porto Group and QNB Al-Ahli report 2019 results
EARNINGS WATCH- Porto Group’s FY2019 profits dropped to EGP 116.9 mn from EGP 133.6 mn the previous year, while revenues…
EGX sell-off continues as shares fall 7%
The selloff on the EGX continued yesterday, tripping circuit breakers yet again: The sell-off on the EGX continued at pace…
Dice Garments has signed a USD 5 mn medium-term loan contract from Qatar National Bank
Dice Garments has signed a USD 5 mn medium-term loan agreement with Qatar National Bank, according to a disclosure to…
Concrete Plus Engineering signs EGP 1.8 bn syndicated loan agreement
Concrete Plus Engineering signed a EGP 1.8 bn syndicated loan agreement with the National Bank of Egypt and Qatar National…
EBRD, QNB Alahli agree USD 82 mn climate finance package
EBRD commits fresh capital to climate finance in Egypt: The European Bank of Reconstruction and Development (EBRD) and QNB Alahli…
CBE grants HSBC, Emirates NBD license to use QR codes for e-payments
The Central Bank of Egypt has granted HSBC and Emirates NBD the e-admission license that uses QR Codes for enhanced…
National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction
The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon…
QNB Alahli in talks with EBRD for USD 70 mn loan
QNB Alahli is in talks with the European Bank for Reconstruction and Development (EBRD) over a USD 70 mn loan,…
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