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SPMD threatens legal action in response to allegations of market manipulation
Speed Medical responds: Speed Medical issued a statement (pdf) threatening to take legal action for possible defamation against any media…
NBE, Banque Misr arrange EGP 3 bn for two state-run aviation firms
The National Bank of Egypt and Banque Misr have arranged EGP 3 bn-worth of syndicated loans for two airports: Lead…
Also on our Radar: Alstom finishes automated rail signalling outside Assiut
Other things we’re keeping an eye on this morning: French rail manufacturer Alstom has installed (pdf) an automated signalling system…
Our new futures exchange could go live before the end of the year
Derivatives trading is coming to Egypt before the year is out: The Financial Regulatory Authority (FRA) is looking to launch…
Aman wants to borrow EGP 250 mn for micro lending
Raya subsidiary Aman Holding is in talks with a syndicate of the Arab African International Bank (AAIB) and the Arab…
CIRA in loan talks for new tech uni
Private sector education outfit CIRA is in talks with a syndicate of international banks to obtain financing for its planned…
NBE, Banque Misr, BdC to launch EGP 1 bn fund of funds targeting SMEs
A consortium of the National Bank of Egypt , Banque Misr and Banque du Caire are planning to launch a…
CIRA to open Egypt’s first applied tech university next year
Private sector education outfit CIRA will establish Egypt’s first applied tech university by the start of the 2022-2023 academic year,…
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