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GlobalCorp aims to double its lending portfolio + NowPay eyes new fintech products
We have a smattering of debt + finance news to take note of this morning: Non-banking financial services provider GlobalCorp…
What we’re tracking on 8 March 2021
Good morning, ladies and gentlemen, and welcome to a pleasantly brisk news day in which no single story driving the…
Big train a-comin’
The safety and quality of service of Egypt’s railways are getting an upgrade with a USD 440 mn loan from…
Shaking off the cobwebs
The government is going to do a new valuation on Abu Qir Fertilizers as it prepares a new timeline for…
World’s largest agricultural wastewater treatment plant to be built in Upper Egypt
OC, HA JV to construct world’s largest waste treatment plant: A JV made up of our friends at Orascom Construction…
Earnings watch: CIB + HDB report 2020 earnings
Leading private sector bank CIB posted EGP 10.2 bn in consolidated net income in 2020, down 13% y-o-y from EGP…
How auto’s recovery is playing out in the markets
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.59 bn (8.5% above the 90-day average). Foreign investors…
What we’re tracking on 28 February 2021
Good morning, friends, and welcome to the start of a new workweek. We’re a day away from a new month,…
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