HSBC
NBAD, HSBC, National Bank of Egypt arrange $1.5 bln syndicated loan for Egypt’s state oil company
Business
November 30, 2014
NBAD, HSBC, National Bank of Egypt arrange $1.5 bln syndicated loan for Egypt’s state oil company
The Egyptian General Petroleum Corporation has secured a $1.5 billion syndicated loan from National Bank of Abu Dhabi (NBAD), HSBC…
Banks to arrange $1.5 bln loan for Egypt to repay foreign energy firms
Business
November 28, 2014
Banks to arrange $1.5 bln loan for Egypt to repay foreign energy firms
HSBC, National Bank of Egypt and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated loan to Egypt's…
HSBC to refund Middle East, Africa customers for excessive fees
Business
November 26, 2014
HSBC to refund Middle East, Africa customers for excessive fees
HSBC will refund customers across five countries in the Middle East and North Africa for charging them excessive foreign currency…
HSBC: Egypt business growth accelerates in September
Business
October 7, 2014
HSBC: Egypt business growth accelerates in September
Business in Egypt has expanded, marked by the first rise in staffing levels in nearly two-and-a-half years in September, with…
POLL-Egypt business activity flat in February -PMI
Business
March 4, 2014
POLL-Egypt business activity flat in February -PMI
Business activity in Egypt was unchanged in February after the previous month's deterioration, a survey showed on Tuesday, a sign…
HSBC: Egypt may see economic progress in 2014
Business
January 7, 2014
HSBC: Egypt may see economic progress in 2014
Egypt is seeing encouraging signs, showing promise of economic progress in 2014, after losing ground over the past three years, according…
USAID loan promises small businesses help, but without a guarantee
Business
September 24, 2012
USAID loan promises small businesses help, but without a guarantee
In a visit to Egypt in late August, US Under Secretary of State Robert Hormats announced a US$34 million loan…
Financial institution robbed in Nasr City
Egypt
February 1, 2012
Financial institution robbed in Nasr City
Two people on Wednesday robbed a financial instution and stole LE800,000. Major General Osama al-Sagheer, head of the Cairo investigations…
In Cairo, third major armed robbery in under two days
Egypt
January 31, 2012
In Cairo, third major armed robbery in under two days
In the third armed robbery to strike Cairo in less than two days, thieves robbed a post office and managed…
HSBC report: Egypt economy to rank 20th in world by 2050
Business
January 17, 2012
HSBC report: Egypt economy to rank 20th in world by 2050
The size of Egypt’s economy will rank 20th in the world by 2050, according to a report issued by international…