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Egypt Aluminum planning a EGP 450 mn capital increase
Egypt Aluminum is planning a rights issue, nearly doubling its capital to EGP 1 bn from EGP 550 mn, according…
Banking + Finance
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CI Capital to increase Corplease stake to 86%
CI Capital Holding is days away from submitting an official request to the bourse to acquire an additional 14% stake…
Al Ahly converting 10% of its shares in AMOC shares to GDRs
Al Ahly Capital is actually intending on converting 10% of its shares in Alexandria Mineral Oils Company (AMOC) to Global…
EGX chief discusses setting up commodities exchanges with foreign counterparts
Newly-appointed EGX boss Mohamed Farid met with a number of other global bourse officials in Bangkok yesterday for the annual…
SME Authority and Suez Canal Bank signed two agreements for EGP 100 mn
The Small and Medium Enterprise Authority and Suez Canal Bank signed two agreements worth EGP 100 mn for the financing…
EFSA taps I-Score to set up movable collateral assets registry
The Egyptian Financial Supervisory Authority and The Egyptian Credit Bureau (I-Score) signed an agreement yesterday that will see them establish…
Abu Qir Fertilizers studying offers for EUR 133 mn loan offers
Abu Qir Fertilizers is studying offers for a ten-year EUR 133 mn loan from two rival banking consortia, sources tell…
QNB capital increase approved
QNB Alahly has received approval to raise its capital to EGP 15 bn from EGP 10 bn, according to the…
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