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Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after anchoring MNT-Halan’s IPO
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
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…
Egypt, Russia discuss simplifying trade procedures and advancing a bilateral free trade agreement
Good morning, wonderful people. A nearly final draft of the agenda is live for our upcoming EnterpriseAM Egypt Forum. We’ll…
Egypt’s economy absorbed Iran war shock better than expected, but vulnerabilities remain -IMF
Egypt’s flexible exchange rate and swift policy response absorbed the Iran war shock better than any previous regional crisis, the…
NBE gets preliminary nod from CBUAE to acquire Banque Misr’s UAE branches
Good morning, ladies and gents. Three stories we’re unpacking today: InstaPay is getting a Pan-African link, the IMF said Egypt’s…
BdC’s updated valuation study has been approved by a cabinet committee, marking a step closer to IPO
Good morning, folks. We’ve got three stories to kickstart the week, one about a macro surprise, another on our friends…
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