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Infrastructure 
GlobalCorp closes EGP 2.54 bn securitized bond issuance
GlobalCorp has securitized EGP 5.9 bn of its portfolio since 2021
CIB appoints Jawaid Ahmed Mirza as non-executive board member
Mirza previously spent almost 12 years at the bank between 2008 and 2019
MNT-Halan subsidiary Tasaheel + Talaat Moustafa Group close securitizations
Tasaheel’s issuance is part of a wider EGP 13 bn securitization program
CIB net income more than doubles in 2Q 2023
The bank’s net interest income climbed 86% y-o-y to more than EGP 13 bn
Bank secures USD 250 mn in finance from IFC
The lender will also help the bank on climate risk mitigation
Sultan is no longer CIB’s COO and Tpay has a new CEO
Işık Uman succeeds Gaston Aussems as head of TPAY
Snackmaker Edita plans to more than double capex in 2023
That doesn’t include an extra EGP 400 mn investment in newly acquired Fancy Foods
The country’s 50 top listed companies, according to Forbes
The top two firms made Forbes’ MENA-wide list.
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