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Blom Bank Egypt getting ready for its sale to Bank ABC?
Blom Bank Egypt is getting its ducks in a row ahead of its potential sale to Bahrain’s Bank ABC, amending…
The pandemic hasn’t been kind to our current account
The pandemic hasn’t been kind to Egypt’s current account: Egypt’s current account deficit more than tripled to USD 3.83 bn…
Also on our radar on 29 November 2020
Green finance is more and more a thing with each passing day. Most recently: The National Bank of Egypt (NBE)…
Big new rail company plans to invest USD 10 bn + tons more rail transport news from Cairo ICT
INVESTMENT WATCH- Big new rail company plans to invest USD 10 bn + tons more rail transport news from Cairo…
Suez Canal Authority reduces fees for cruise ships by 50%
Cruise ships passing through the Suez Canal will get a 50% discount on fees provided that they spend no less…
Diplomacy + Foreign Trade on 11 November 2020
Not a lot is happening on the diplomatic + trade front this morning: Egypt is apparently the beneficiary of an…
Your top infrastructure stories
Your top infrastructure stories for the week include: Infrastructure projects: A host of infrastructure projects were officially inaugurated by President…
Who’s in the market for debt? Vetopharm Int’l + EDB
Vetopharm International has obtained a EGP 650 mn syndicated loan from local banks to finance a new production facility in…
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