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Egyptian market regulator grants Cairo Capital Securities short selling license
Cairo Capital Securities has joined the growing list of brokerage firms authorized by the Financial Regulatory Authority to short sell,…
Banking + Finance
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Hegazy & Partners to form consortium with Moamalat advisory on sukuk issuances
Hegazy & Partners law firm is planning to form a consortium with Moamalat advisory firm to co-manage the issuance of…
EFG receives EGP 450 mn subscription requests for “Mazid” fund
Our friends at EFG Hermes have received EGP 450 mn-worth of subscription applications for investment certificates issued by the “Mazid”…
Marakez signs EGP 1.5 bn syndicated loan for Mall of Katameya construction
Mall developer Marakez has signed a EGP 1.5 bn syndicated loan agreement to finance the first phase of its planned…
EFG Hermes and CI Capital to manage Nasser Social Bank securities portfolio
Nasser Social Bank (NSB) has tapped EFG Hermes and CI Capital Asset Management to manage its securities portfolio, NSB Managing…
MNHD signs EGP 300 mn loan agreement with AAIB to finance Sarai project
Madinet Nasr Housing & Development (MNHD) has signed a EGP 300 mn short-term loan agreement with the Arab African International…
Middle East Glass Company may receive loan of USD 100 mn from IFC
The Middle East Glass Manufacturing Company (MEG) is in talks with the International Finance Corporation (IFC) over a USD 100…
Banque du Caire in negotiations to increase loan to USD 100 mn
Banque du Caire (BdC) is in talks with an unnamed Arab financing institution to increase a USD 50 mn loan…
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