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EBRD to sign USD 125 mn loan agreement with Banque Misr
Banque Misr will sign tomorrow a USD 125 mn loan agreement with the European Bank for Reconstruction and Development (EBRD),…
Banking + Finance
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HC to increase assets under management to EGP 5.5 bn
HC Securities is planning on increasing its assets under management 20% to EGP 5.5 bn next year, Vice President Mohamed…
EGX allows Shuaa Capital to trade on EGX
The EGX has reinstated Shuaa Capital as a company authorized to trade securities on the market, according to a bourse…
Catalyst Partners plans to list two companies in 2H2018
Catalyst Partners is managing the listing two unnamed companies on the EGX in 2H2018, CEO Tarek Effat tells AMAY. The…
Al Ahly to convert 50% of their AMOC stake to GDRs
Al Ahly Capital is planning on converting 50% of their stake in Alexandria Mineral Oils Company (AMOC) into GDRs, according…
Remco cancels GDR program
Remco Tourism Villages Construction Company (RTVC) announced canceling its GDR program, Al Mal reports. RTVC had issued GDRs with JPMorgan…
Arqaam obtains custodian banking license in Egypt
Arqaam Capital has obtained a license that allows it to operate as a custodian bank in Egypt, Al Mal reports.…
Suez Steel in talks for EGP 1 bn loan to fund expansions
Suez Steel initiated talks with a number of local banks to secure a EGP 1 bn loan to finance operations…
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