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MTS signs EGP 760 mn loan agreement with the National Bank of Egypt for “window project”
Public-private special purpose vehicle (SPV) Misr for Technology Services (MTS) has signed a EGP 760 mn loan agreement with the…
Banking + Finance
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Tamweely Microfinance to launch seven new branches through partnership with National Postal Authority
Tamweely Microfinance is launching seven new branches in National Postal Authority (NPA) offices throughout Egypt as part of a partnership…
HC Securities eyes adding futures and derivatives trading services to its portfolio
HC Securities is looking at potentially adding new services and financial instruments to its portfolio, including futures and derivatives trading,…
FRA awards Premiere Securities short selling license
The Financial Regulatory Authority has granted Premiere Securities a short selling license, the local press reported. The company joins a…
GTH board approves Grant Thornton valuation report
Global Telecom Holding’s (GTH) board has approved the updated valuation report prepared by independent financial advisor Grant Thornton in relation…
Egypt to receive second tranche of USD 3 bn Chinese business district loan
The Housing Ministry will sign today an agreement to receive the second tranche of a USD 3 bn loan arranged…
Egypt’s market regulator grants Tycoon brokerage a short selling license
The Financial Regulatory Authority (FRA) has granted Tycoon Securities Brokerage a short selling license, according to Al Mal. The company…
Three banks cover NUCA’s EGP 6 bn securitization bond tranche
Three local banks fully covered the EGP 6 bn of securitization bonds offered by the New Urban Communities Authority (NUCA)…
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