PLUS: The company plans to apply for a fintech license and securitize another EGP 1 bn of its portfolio
Author Archives: enterpriseam admin
Posted inDEBT WATCH
More EBRD funding in the pipeline
The loan is set to be approved on 12 September
Posted inEconomy
Unemployment dips to 7% 2Q 2023
Fewer women were out of work compared with the first quarter
Posted inEARNINGS WATCH
National Bank of Egypt + Banque Misr report higher net income in 2022
Both lenders reported expansion of their loan book, despite sharply higher interest rates
Posted inMoves
Changing of the guard at state oil + petchem firms
Mopco, Midor, Ethydco, and Ganope all got new heads
Posted inLAST NIGHT’S TALK SHOWS
There was no shortage of topics on the airwaves yesterday with a new oil discovery in the spotlight
A new oil discovery in the Geisum-Tawila West concession area.
Posted inAlso on our Radar
Mohamed Alabbar wants to redevelop gov’t buildings in downtown Cairo. PLUS: New oil find, more wheat incoming + budget flights from London to Cairo
Alabbar’s Emaar is planning to expand its presence on the North Coast