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NACC begins talks with major banks for EGP 20 bn financing
The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20…
CIB joins Digital Economy Task Force
Our friends at CIB have become the only representatives of Egypt's private sector to become members of the Digital Economy…
What we’re tracking on 4 July 2019
Good morning, friends, and welcome to the last day of the week. May we start off by saying we are…
CIB signs EGP 400 mn financing agreement with MUP
CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company’s total credit…
Egypt’s Raneen El Welily and Karim Abdel Gawad crowned champions of CIB squash tournament
Egypt’s Raneen El Welily and Karim Abdel Gawad were crowned champions of the 2018-19 CIB Professional Squash Association World Tour…
What we’re tracking on 16 June 2019
The nation has football on its collective mind this week as we head into Friday’s kickoff at the African Cup…
What we’re tracking on 23 May 2019
It’s interest rate day and the consensus among 12 economists we polled is that the central bank will leave rates…
NUCA agrees with Egyptian banks on EGP 6 bn loan
The New Urban Communities Authority (NUCA) has agreed with a banking consortium on a EGP 6 bn loan to meet…
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