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Infrastructure 
Mabany Edris taps NBE for EGP 975 mn to speed up Koun construction in Ras El Hekma
PLUS: EGX suspends Digitize a day after giving it two weeks to file overdue statements or face delisting
CBE lets banks hire outside agents to sign up customers beyond their branch networks
PLUS: MTS is in talks to build a USD 100 mn data-center hardware plant in Egypt for China’s Inspur
Companies paying for NUCA land in USD from abroad will skip the line and the bidding from November
Good morning, folks. You will read below about three things the government is doing at once right now: selling a…
Banque du Caire makes its EGX debut
Here are the stories driving the day, both at home and abroad. Banque du Caire (BdC) closed its first session…
CBE hikes for the first time since March 2024, raising rates 100 bps and moving its inflation target to 4Q 2027
The CBE raised policy rates by 100 bps and called it preemptive, ending an easing cycle that had cut 825…
The country’s first locally assembled EV rolls off the line at El Nasr
Good morning, friends. The interest rate hike is three days old by now, and you’ve probably read a version of…
Banque du Caire’s retail book closed 27x covered, days before trading
Good morning, friends, and happy almost-weekend. We’ve all been wondering lately: where does the money go from here? Today’s issue…
Can AI promise Egypt’s lenders more borrowers and fewer bad loans?
Banks are cautious about letting AI judge a borrower. Local fintechs are not.
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