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Ebtikar receives offers for stakes in e-payments firms Bee, Masary
M&A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received “several”…
What we’re tracking on 1 October 2020
Welcome to the first day of the fourth quarter of this annus horribilis, ladies and gentlemen — we can think…
Sarwa Capital, unnamed company to issue EGP 4.5 bn of sukuk this year
DEBT WATCH- Two corporate sukuk offerings worth a combined EGP 4.5 bn are expected to go to market this year,…
What we’re tracking on 30 September 2020
Good morning, wonderful people. A quick programming note to get us underway this morning: We’re delighted to announce that Making…
NBE provides Ibn Sina Pharma with a EGP 250 mn short-term credit facility
The National Bank of Egypt will increase the size of Ibnsina Pharma’s short-term credit facility to EGP 250 mn to…
FAB Egypt signs financial inclusion MoU with postal service
First Abu Dhabi Bank (FAB) Egypt will work with the postal service to provide financial services after signing an MoU…
Concentration risk regs relaxed for Egypt’s mortgage lenders
REGULATION WATCH- Mortgage finance companies can now lend up to 15% of their capital base to an individual household, up…
Gold’s relationship with the stock market is changing
Gold’s relationship with the stock market is changing: Historically, gold prices and the performance of the US stock market have…
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