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FTX’s Sam Bankman-Fried found guilty in crypto trial of the decade
Good morning, friends, and welcome to a business-heavy morning. The big stories today center on energy and FX, with cabinet…
EFG Hermes tops EGX brokerage league table in October
CI Capital, Mubasher, Thndr, and Al Rowad rounded out the top five firms.
Tasaheel closes EGP 3 bn securitized bond issuance. PLUS: NUCA has another issuance in the wings.
There’s plenty more news from the nation’s red-hot securitization market, which has now seen the value of bonds taken to…
ADQ finalizes acquisition of stakes in state-run petchem, drilling companies
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
THIS EVENING: Abu Dhabi’s ADQ wraps up acquisitions in three state-owned companies
Good afternoon friends, and welcome to this Tuesday-hump-day. Despite the regional war steering the local and international news we have…
Beltone to enter Jordanian market before year end
The Egyptian financial services company will make a USD 20 mn equity investment in Al Wasleh
Suez Canal transit fee reductions for south west Africa ships. Plus: Banque Misr x Etisalat, NBE x MSMEs, NWFE x Climate Investment Fund, NWFE x French Development Agency
Suez Canal revenues are expected to hit a record USD 10.3 bn by the end of 2023
IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
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