banque Misr | Egypt Oil & Gas

Banque Misr to Finance Residential Solar Panels Installation

Banque Misr, Egypt’s second-largest state-owned bank, is offering a special program to finance the installation of residential solar panels, a move that aligns with the state’s direction toward expanding the use...

Cairogas Signs NG Protocol with Banque Misr

Cairogas company announced that its Chairman of the Board of Directors and Managing Director, Mohamed Fathy, has signed a cooperation protocol with Banque Misr to fund the project of natural gas delivery to the indust...

Banque Misr Approves $181.5M Letter of Credit to EGPC

Banque Misr approved granting a letter of credit worth $181.5 million for the Egyptian General Petroleum Corporation (EGPC), an official at the bank stated, according to Arab Finance. The letter of credit aims to fina...

Ministry of Electricity Settles EGP 21.2b of Debt

The Ministry of Electricity has settled EGP 21.2b of its debts to the Ministry of Petroleum, from a total debt of EGP 60.9b, Daily News Egypt reported. Banque Misr and the National Bank of Egypt granted the Ministry o...

Update-1 EEHC to Receive EGP 1.75bn Loan from Banque Misr

Banque Misr will provide an EGP 1.75bn share in the loan coordinated for the Egyptian Electricity Holding Company (EEHC), according to Banque Misr Chairman Mohamed El-Etreby. The total value of the loan amounts to EGP...

NBE and Banque Misr to Fund Power Plant

A new banking consortium, involving two of Egypt’s biggest public banks, the National Bank of Egypt (NBE) and Banque Misr, plans to secure a multi-billion Egyptian pound syndicated loan for a power plant in Red Sea, a...

Egyptian Electricity Holding to Receive EGP100m from MIDB

Misr Iran Development Bank ( MIDB ) is working on inject EGP100m in an EGP1.5bn ($196.6m) financing for state-owned Egyptian Electricity Holding Company ( EEHC ), reported Amwal Al-Ghad. EEHC ‘s financing is bei...

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