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Good morning, all. We have a packed issue for you this morning led by news that the Madbouly government wants more time to implement the economic reforms put forward by the IMF and the FRA giving Beltone Financial Holding and Italy’s CRIF Ratings the greenlight to set up the country’s second credit rating agency. BUT […]
Author Archives: enterpriseam admin
Posted inInvestment Watch
Raya Foods eyes USD 20 mn factory to boost exports
The new factory will help the company boost exports
Posted inDEBT WATCH
Beltone’s leasing arm raises EGP 1.3 bn in first securitization issuance
The three-tranche issuance has tenors ranging from 12-48 months
Posted inStartup watch
Sawari Ventures is launching its USD 200 mn Sawari Ventures Fund II
The fund will target local and African startups and fintech players
Posted inFINANCIAL SERVICES
Beltone Financial Holding, CRIF alliance is setting up Egypt’s second credit rating agency
The Middle East Rating and Investors Service is currently the country’s only rating agency
Posted inMoves
Delta Sugar’s Ahmed Abdel Hafez resigns
Delta Sugar is on the lookout for a new MD: Delta Sugar Chairman and Managing Director Ahmed Abdel Hafez submitted his resignation, according to an EGX disclosure (pdf). His resignation will now be presented to the board of directors.