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Banque du Caire profits fall 30% in 1Q2020
EARNINGS WATCH- Banque du Caire profits fell almost 31% in 1Q2020 after the bank reported income of EGP 838 mn,…
Egypt suspends privatization program again due to “unfavorable” conditions
PRIVATIZATION WATCH- The state privatization program is still on ice due to the “unfavorable” market conditions caused by the covid-19…
What we’re tracking on 19 May 2020
It looks like many private-sector businesses will be required to give employees a five-day Eid next week. A Cabinet statement…
Banque du Caire postpones IPO on market turmoil -chairman
IPO WATCH- Banque du Caire postpones IPO on market turmoil, chairman confirms: State-owned Banque du Caire (BdC) has shelved plans…
State-backed, Africa-focused brokerage and investment promotion company to tap CEO “soon”
A new government-backed brokerage and investment promotion company has shortlisted three candidates for its CEO and will make a decision…
EIB approves EUR 90 mn SME credit line to Banque du Caire
The European Investment Bank (EIB) has approved a EUR 90 mn credit line to Banque du Caire for SME loans,…
Egypt postpones state privatization program, new program to be announced in two months
PRIVATIZATION WATCH- The state privatization program is officially being put on ice as the covid-19 outbreak wreaks havoc on global…
Banque du Caire shelves IPO on market volatility -sources
IPO WATCH- Banque du Caire shelves IPO on market volatility -sources: State-owned Banque du Caire (BdC) has postponed plans to…
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