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Egypt’s Rawaj Finance closes EGP 295 mn securitized bond sale
DEBT WATCH- AIH’s Rawaj closes EGP 295 mn securitized bond sale: ArabiaInvestments Holding (AIH) auto loan-focused subsidiary Rawaj Finance has…
Egypt’s automotive incentives package could soon see the light of day
Trade Ministry finalizes method to calculate local content’s added value under larger automotive strategy: Trade Ministry officials have finalized a…
Egypt’s National Authority for Tunnels launches tender for fourth metro line works
The National Authority for Tunnels (NAT) has launched an international tender for Egyptian and/or Japanese companies to serve as a…
Are we at the long-awaited age of easy borrowing in Egypt?
The CBE has signaled it wants to make it easier for consumers to borrow. Will corporate appetite pick up in…
Mowasalat Misr to launch a ride-hailing company, smart transport system between governorates
State-owned public transportation company Mowasalat Misr will launch a ride-hailing company to operate smart microbuses in Cairo by 2Q2020, CEO…
NAT invites consulting firms to bid on supervising Egypt’s new capital monorail
The National Authority for Tunnels has invited experienced consulting firms to submit letters of interest for the management, design revision,…
What we’re tracking on Tuesday, 24 December 2019
‘Twas the morning before Christmas … and the festivities have begun early here at Enterprise, with some of us having…
EFG, GB NBFS arms team up to acquire majority stake in Tokio Marine Egypt Family Takaful
M&A WATCH- EFG Hermes, GB Auto jointly acquire majority stake in Tokio Marine Egypt: A consortium of EFG Hermes and…
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