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Banque Misr looks to borrow USD 1 bn from int’l banks in FY2017-18
Banque Misr is looking to borrow USD 1 bn from international financing institutions during FY2017-18, Banque Misr Vice Chairman Akef…
Banking + Finance
Home / Banking + Finance
Banque Misr, Sarwa Capital arrange EGP 174 mn in securitized bonds
Banque Misr arranged a three-tranche securitized bond issuance worth EGP 174 mn, underwritten by Sarwa Capital, Al Mal reports. Sarwa…
EGX completes semi-annual index review, signs cooperation agreement with Bombay
The EGX has completed its semiannual review of its indices announcing the addition of ADIB-Egypt, AMOC, EFIC, and KIMA to…
Bank Audi considers exiting Arabeya Online Brokerage
Bank Audi is considering exiting its investment in Egypt’s Arabeya Online Brokerage, sources close to the matter tell Al Borsa.…
Two banks to finance USD 4 mn LCs for LG new washers production line
LG inked an agreement with two unnamed state-owned banks that will see it receive a monthly USD 4 mn in…
EFSA and EBRD look into developing short-term debt instruments in Egypt
The Egyptian Financial Supervisory Authority (EFSA) is looking into the prospect of issuing short-term debt instruments in cooperation with the…
CBE, Nile University sign agreement to support SMEs
The CBE signed a five-year agreement with Nile University to support entrepreneurs, according to a statement from the central bank.…
Consortium of investors make mandatory tender offer for Bitumode
A consortium of investors is making a mandatory tender offer for the remaining 34% of the Modern Company For Waterproofing…
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