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EBE to launch factoring arm with ECGE, NIB, National Bank of Egypt in 2Q2020
The Export Development Bank of Egypt (EBE) is planning to launch a EGP 50 mn factoring arm in 2Q2020, Board…
A new kind of sovereign wealth fund is emerging, and Egypt is at the forefront
A new kind of sovereign wealth fund is emerging, and Egypt is at the forefront: Sovereign wealth funds have traditionally…
Foreign direct investment up 16% in 2Q2019-2020 -GAFI
FDI rises by 16% in 2Q2019-2020, says GAFI: Net foreign direct investment (FDI) into Egypt increased by 16% y-o-y during…
EIP establishes Levant Fund targeting SMEs in Egypt, Jordan, Lebanon, and Iraq
INVESTMENT WATCH- Private equity outfit EIP looking at SMEs in Egypt, Jordan, Lebanon, Iraq: Private equity firm Emerging Investment Partners…
Sarie-Eldin departs Sodic board, former investment minister Osama Saleh joins
MOVES- Hani Sarie-Eldin has stepped down as chairman and non-executive member of Sodic’s board of directors, the company said in…
AT Lease plans EGP 1 bn securitized bond offering in 3Q
DEBT WATCH- AT Lease plans EGP 1 bn securitized bond offering in 3Q: AT Lease is planning to issue EGP…
EGX boss expects fresh IPOs this year despite market turmoil
EGX boss expects fresh IPOs this year despite market turmoil: The current market volatility will not prevent new companies listing…
What we’re tracking on 11 March 2020
PSA- Schools are off tomorrow, but not because of El Corona: Schools and universities are off nationwide on Thursday after…
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