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Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
Banque du Caire to launch its Tally e-payments arm by year-end
State-owned Banque du Caire will roll out its new e-payments arm, dubbed “Tally”, by the end of this year, a…
SME fund lands EGP 280 mn in commitments from local banks
Catalyst Partners has secured EGP 280 mn in commitments from local banks for an EGP 500 mn SME investment fund…
Also on our Radar on 27 April 2021
Elsewedy Electric subsidiary signs EGP 870 mn agreement for Delta regional control center: A consortium of Elsewedy Electric’s unit, Elsewedy…
BdC mulls digital services arm in Africa and ME
Banque du Caire (BdC) is looking to expand its digital services to serve African and Arab markets in the near…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
At least two state companies could hit the EGX in 3Q2021
Two or three state-owned companies will sell shares on the EGX in 3Q2021, reviving the long-dormant state-privatization program, Public Enterprises…
Earnings watch: Banque du Caire
Banque du Caire’s net income dipped 19% y-o-y in 2020 to EGP 3.2 bn, down from EGP 3.95 the year…
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