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Banque du Caire opens its IPO books at EGP 4.82-5.30 a share, with room to grow to 45%
The state-owned lender could raise up to EGP 36.4 bn, making it the biggest test in years of foreign appetite…
Gov’t pushes to close out its IMF program before December, with a final review due in late November
Divestments are our strongest card going in, while energy subsidies and a stalled free zone tax are the sticking points
Banque Du Caire’s private tranche sells out, MNT-Halan preps for trading
Here are the stories driving the day both at home and abroad. Banque du Caire’s private placement reportedly sold out…
Moody’s raises Egypt’s local and foreign currency ratings to B3 and kept a positive outlook
Good morning, nice people. Before getting into the news of the day, we have an announcement of our own. After…
Pickalbatros closes USD 250 mn sustainability-linked package from IFC, Attijariwafa for Morocco expansion
The Egyptian group now runs nine hotels and more than 2.7k rooms in Morocco
Banque du Caire is hitting the stock market
☀️ Good morning, ladies and gentlemen, and happy weekend. This month’s Long View looks at what it costs to take…
Vietnamese tech giant FPT opens first Africa office in Cairo
Good morning, ladies and gents, and happy Thursday. The IPO everyone has been talking about takes its last orders today,…
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD clearing, we break down how cross-border payments work and why…
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