M&A WATCH- CBE officials to meet United Bank sale advisors: Central Bank of Egypt (CBE) officials will meet by the middle of this month with advisors from EFG Hermes and Evercore to plot out the sale of the United Bank, sources told the local press. The CBE appointed EFG Hermes and New York-based Evercore to act as advisors on the sale of state-owned United Bank in November. The report claims the central bank now wishes to fast-track the sale.
More from Enterprise
FM Abdelatty pitches SCZone to Brazilian and Indian investors
Plus: CIB gears up to launch digital bank Yomo in…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads
The fintech pioneer taps Group CFO Abdelmeguid Afifi to run…