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2021 is turning out alright for Egypt’s debt market
EFG Hermes Corp-Solutions took the lion’s share of Egypt’s leasing market in June, after more than doubling lending m-o-m, according…
Raya’s Aman to tap debt market this year
Raya Holding subsidiary Aman intends to issue EGP 500 mn of securitized bonds before the end of 2021, a source…
The Egyptian Securities Federation really wants more members
The Egyptian Securities Federation (ESF) wants tough new measures to force firms to pony up membership fees: Securities companies could…
And Egypt’s first microleasing license goes to...
Tasaheel acquires Egypt’s first microleasing license: Micro lender Tasaheel was today granted the first license for microfinance leasing in the…
GB Auto net income triples in 2Q off of higher revenues
GB Auto’s net income more than tripled to EGP 374.3 mn in 2Q2021, compared to EGP 115.8 mn in the…
New state registry for financial intermediaries
Some things we’re keeping an eye on this morning: All financial intermediaries, including brokers, financial advisors, underwriters and the like,…
FRA approves legislative amendments to set up new database for mortgages
Mortgaged properties yet to be added to the national real estate registry are going to be logged on a new…
Contact makes first sukuk sale this year
Contact closes its second EGP 2.5 bn sukuk offering: Contact Financial Holding, formerly Sarwa Capital Holding, has closed its second…
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