Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Hisham Ezz Al Arab to take over from Hussein Abaza as CIB’s new CEO
The changes are pending regulatory approvals
Egypt launches USD 660 mn ethane gas import company. PLUS: News from Banque du Caire, Tourism Ministry,
The company aims to import 1.1 mn tons of liquefied ethane gas a year
Fitch upgrades four Egyptian banks’ credit rating outlook to positive
Fitch affirmed its B- rating for the four banks
IFC pledges USD 50 mn to support mid-cap companies in Africa
The IFC has also agreed to a local currency swap with Banque Misr
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
US International Development Finance Corporation mulls financing Actis’ Gabal El Zeit acquisition. PLUS: Saudi SMEs to expand in Egypt, The HUB plan new frozen food factory, UAE’s Horizon Egypt eyes North Coast project
This comes only a few weeks after the European Bank for Reconstruction said it was reviewing a proposed loan for…
ACUD’s assets have tripled in value post float. PLUS: News from NBE, ITIDA, Al Ahly Momkn, IFC, Capricorn Energy
Three industrial developers have so far submitted offers for 1 mn sqm plots each in phase 2 of the new…
At least six state-owned banks rumored to be in line for leadership reshuffle
The National Bank of Egypt, Banque Misr, Banque du Caire, AAIB, EBank, and Suez Canal Bank could soon be under…
Something went wrong. Please refresh the page and/or try again.