|
| > Country News > Egypt |
Egypt: The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has opened its 29th branch in Egypt in line with the Bank's strategy to expand its branch network in Egypt to 50 branches by 2015.
>>> More
|
|
Egypt: 'Cityscape Next Move' is set to host regional and international experts on emerging market investment at the Egypt Real Estate Summit, taking place on 20-23 February 2012 at the Cairo International Convention and Exhibition Centre .
>>> More
|
|
Egypt: The National Bank of Egypt (NBE), one of the largest banks in the country with a market share 24% of total assets in the nation's banking sector, closed 2011 as the leading book runner of syndicated loans by market share in the Middle East and North Africa (MENA) with a 13.% market share, according to Bloomberg's recently released league tables.
>>> More
|
|
Egypt: Misr Hotels, a subsidiary of The Holding Company for Tourism, has awarded Arabian Construction Co (ACC) a $90m (Dhs330.3m) contract to convert the 13-storey Nile Hilton in Cairo to the Nile Ritz-Carlton hotel, Gulf News has reported. The renovation project includes interior finishing and mechanical, electrical and plumbing scheduled to be completed in 18 months. The 370-room Nile Hilton is undergoing extensive renovation of its facilities in order to re-emerge as a Ritz-Carlton.
>>> More
|
|
Egypt: Egyptian finance minister Momtaz El-Saeed has announced the country is to receive an urgent aid package worth $1.15bn from the European Union and World Bank, Ahram has reported. The European Union is to supply $650m, while the World Bank is providing Egypt with $500m, the ministry said. The World Bank has also pledged to help Egypt with $2bn in funding over two years. An IMF delegation is expected to return to Cairo in the coming weeks to finalise an agreement on a controversial $3.2bn loan facility.
>>> More
|
|
|
|
|
