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Sidi Krier Co. to borrow USD 1.2 bn for expansion plan

Sunday 21/10/2018 12:53

By Mohamed Salem: Sidi Krier Petrochemicals has addressed several local banks to participate in securing USD 1.2 bn loan to finance its expansions in ...
Banque Du Caire's non-performing loans fell to 4 percent: chairman

Saturday 20/10/2018 20:01

Ahmed El-Desuky & Sayed Badr  Banque Du Caire's non-performing loans declined to 4 percent out of total loan portfolio estimated at EGP50bn.&...
Up to 12 Arab and world banks to inject USD1bn funding into EGPC

Thursday 18/10/2018 15:18

By Mohmed Salem Egyptian General Petroleum Corporation signed a USD1bn loan deal with banking consortium made up of 12 Arab and Int'l banks in order ...
NBE to pump EGP 300mn to finance 3000 flats

Thursday 18/10/2018 14:49

By Sayed Badr: The National Bank of Egypt (NBE) has started to allocate 3000 apartments for customers as part of the central bank’s initiative f...
Banque du Caire is approaching $ 30mn loan

Tuesday 16/10/2018 14:03

By Ahmed El-Desouki - Sayed Badr Banque du Caire’s Chairman Tariq Fayed, said his bank had approached a $ 30 million dollar loan from a regional...
ANOPIC to borrow EGP 1.2bn

Monday 15/10/2018 13:04

By Mohamed Salem: Assiut National Company for Petroleum Manufacturing (ANOPIC) has addressed several local banks to secure EGP 1.2bn loan to partially...
MIDOR seals a deal to borrow USD 1.2bn for expansion

Sunday 14/10/2018 13:20

By Mohamed Salem and Omar Salem: Middle East Oil Refinery (MIDOR) has reached an agreement to obtain a loan of USD 1.2bn from an international banking...
Up to EGP3bn to be injected by ABE to revamp 1200 branches

Thursday 11/10/2018 19:59

By Ahmed El-Desouki  The Agricultural Bank of Egypt is set to revamp its branches nationwide and get them linked up with advanced technological p...
Moody's changes Egyptian banking system outlook to positive

Thursday 11/10/2018 12:02

Al Mal: Moody's Investors Service has changed the outlook for Egypt's banking system to positive from stable, as economic growth picks up, supporting ...
Agricultural Bank portfolio loan hits EGP 26bn, EGP 50bn deposits

Wednesday 10/10/2018 13:59

By Ahmed El Dosouky Egyptian Agricultural Bank’s Board of Directors Chairman Sayed  Al-Qaseer said that the loan portfolio is estimated at ...