Egypt | e-Asfalistiki
HSBC agrees to sell Egypt retail banking business to Emirates NBD
HSBC Holdings plc (‘HSBC’ or ‘HSBC Group’) announced that its indirect subsidiary, HSBC Bank Egypt S.A.E. (‘HSBC Egypt’), has entered into an agreement to sell its retail banking business to…
Insurer for Suez grounded ship appeals detention by Egypt
UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an appeal in an Egyptian…
Egypt: EIB and BDC provide $100 million to finance SMEs
The European Investment Bank (EIB) has signed a financing agreement of $100 million with Banque du Caire (BDC) to finance the investments of Egyptian small and medium enterprises (SMEs) in the…
Egypt nets $2.3bln from Suez Canal in 7 months
Tax and non-tax proceeds from Egypt’s Suez Canal fell by 4.7% year-on-year (YoY) to EGP 35.91 billion during the first seven months of fiscal year 2019/2020, compared to EGP 37.7…
Egypt’s Suez Canal shipping traffic unaffected by coronavirus
Traffic in Egypt’s Suez Canal has so far been unaffected by the spread of the coronavirus, the chief of its authority said on Wednesday, citing a 4.6% increase year-on-year in…
Egypt and EIB: A 40 year-long partnership to improve people’s lives
European Investment Bank Vice President Dario Scannapieco will visit Egypt later this week to participate in the “Invest in Africa 2019” Forum and mark the 40 year anniversary of local…
NATIONAL BANK OF GREECE S.A. ACTS AS EXCLUSIVE UNDERWRITER OF AN UP TO EUR 41.745M FINANCING TO EGYPT’S ELSEWEDY ELECTRIC FOR THE ACQUISTION OF A PORTFOLIO OF RENEWABLE ENERGY PROJECTS IN GREECE
National Bank of Greece S.A. ("NBG") is pleased to announce the successful underwriting and arrangement on an exclusive basis of an up to EUR41.745m bilateral bond loan financing pack (the…
