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Evergrow is restructuring its debts
Egyptian fertilizer company Evergrow has signed a USD 400 mn loan agreement with a syndicate of 12 banks led by…
CBE raises withdrawal + transfer limits from mobile wallets
SMART POLICY- Mobile wallet users can now borrow, withdraw, and transfer larger sums per day under new regulations (pdf) released…
EBRD has lots in the pipeline for Egypt
Fresh investment and cooperation in Egypt’s development projects are coming from the European Bank for Reconstruction and Development (EBRD) to…
Egypt’s economy to grow 3.1% this fiscal year, says BNP Paribas
Egypt’s economy is expected to grow at a 3.1% clip in the government’s current 2020-2021 fiscal year, down from 3.8%…
Africa Crest to invest EGP 900 mn in two schools this year
Dubai-based Africa Crest Education is dusting off plans to invest EGP 900 mn in Egypt this year to establish two…
THIS MORNING: Aldar kicking off DD on Sodic soon + Derek Chauvin found guilty of murdering George Floyd
Good morning, nice people, and welcome to a very busy morning for news on this ninth day of Ramdan. THE…
The secondary market for homes just got interesting to NBFS players — and to tech
Real estate startups Isqan.com and Qasatli have partnered up to provide installment plans to online homebuyers, Isqan said in a…
What the markets are doing on 20 April 2021
GLOBAL M&A WATCH- UK competition watchdog to probe multi-bn acquisition of country’s most valuable tech business: The UK’s Competition and…
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