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More cement production licenses incoming?
PLUS- CIB is planning to apply for a digital banking license early next year
Hyde Park plans to add 710 hotel rooms to its local portfolio over the coming years
PLUS- Abu Dhabi sovereign wealth fund ADQ’s Alpha Oryx trimmed its stake in CIB to 15.7%
Halan closes EGP 3.4 bn securitization issuance
The issuance is the company’s fourth under a EGP 8 bn program
Banks are loosening up FX restrictions as Abdalla nears end of current term
Higher reserves from tourism, remittances, exports, and portfolio investments are giving lenders room to cut markups and loosen restrictions on…
Thndr joins the ADX as its first remote retail trading member. PLUS: Flat6Labs + F6 Ventures + F6 Group, Start IT, B Healthcare Investments, Elamir Group, Al Ahly Sabbour, Marakez
The move will allow more than 4 mn users on Thndr to trade ADX-listed stocks and ETFs directly via its…
CIB’s bottom line climbs 7% in 2Q 2025
Revenues rose 13% y-o-y in 2Q 2025, backed by FX stability and loan book growth.
B.TECH closes EGP 859.4 mn securitized bond issuance
This is the fifth issuance in its EGP 5 bn securitization bond program
Polaris Parks will soon acquire two new plots to set up industrial zones
PLUS- Supreme Holding is planning to invest EGP 1 bn in a chemicals project in the Suez Canal Economic Zone
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