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Hassan Allam Properties signs EGP 500 mn sale-leaseback agreement with Beltone
HAP will finance commercial and hospitality assets owned by two of its subsidiaries
FRA hikes capital requirements for non-bank lenders by 50%
New firms have three months from when they get their license to comply
valU, Telda partner up. PLUS: Tatweer Misr signs partnership deal to enter Saudi, FRS approves EGX futures clearing company
valU is also planning a fresh securitization transaction soon
Contact Financial’s net income up 3% in 1Q 2023
Growth in ins. net income offset a drop in net financing earnings
TE wraps up 10% divestment with share sale to employees. PLUS: EFG to launch new SME lender
The company raised almost EGP 200 mn selling a 0.5% stake to employees
VAT break on pharma imports to prevent shortage. PLUS: More AfDB money for water, Tatweer Misr eyes KSA,
This is the latest measure aimed at beefing up stocks of raw materials and products for the pharma sector
GB Corp profit, revenues hit amid auto slowdown
GB Auto posted a net loss but NBFS arm GB Capital saw strong growth
EFG Hermes Holding is now EFG Holding
EFG Hermes Holding has officially rebranded to EFG Holding after the company’s shareholders signed off on the change during last…
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