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IFC subscribed to the bond with USD 300 mn, while ERBD and BII each invested some USD 100 mn in the bond
Author Archives: enterpriseam admin
Posted inCustoms
Imported mobile phones could see customs and tax fees totalling 37.5%
The Finance Ministry and the National Telecom Regulatory Authority (NTRA) are in the process of finalizing the regulations
Posted inA MESSAGE FROM HSBC
Opportunity is rarely a straight line. Our international network connects you to what’s next. Search HSBC Egypt.
Posted inCapital markets
Egypt’s first SPAC starts trading on the EGX
CPME listed 1 mn shares with a nominal value of EGP 10 per share
Posted inDEBT WATCH
Auto market startup Sylndr secures EGP 370 mn in working capital financing
EFG Corp-Solutions acted as one of the lenders of the transaction, alongside EFG Holding’s commercial bank Bank NXT, EG Bank, and others
Posted inM&A WATCH
Squash legend Amr Shabana acquires Mahara Sports Management
Shabana will partner with ctrl+ to advance Mahara
Posted inEARNINGS WATCH
Orascom Construction sees income rise in 3Q 2024
OC's net income rose 34.2% y-o-y to USD 21.6 mn during the quarter
Posted inMoves
United Bank names Omar Mehanna as non-executive chairman
Mohanna previously served as non-executive chairman of Corplease