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Tag Archives: Egypt’s 5 banks

Egypt’s 5 banks gives $521m loan to support power sector

CAIRO: Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity sector, chairman of the loan arranger Banque Misr told Amwal Al Ghad on Sunday. Mohamed Eletreby – Chairman of Banque Misr – said the banks contributing to the state-owned Egyptian Electricity Holding Company ( EEHC )’s syndicated loan will sign ... Read More »