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Saudi industry minister talks industry, mining on visit to Egypt. PLUS: Suez Canal blockage, Bank ABC to sell Blom unit,
Minister met with PM Madbouly and Industry and Trade Minister Ahmed Samir yesterday
SPOTLIGHT- Amr El Bahey, CEO and Egypt country head at Mashreq Bank
El Bahey details the bank’s strategy and gives us his thoughts on SMEs, fintech, and the outlook for the Egyptian…
Government working on EDC, Elab stake sales -CNN
The government plans to offload 49% of its stake in EDC and more than 40% of Elab
Hassan Allam Properties signs EGP 500 mn sale-leaseback agreement with Beltone
HAP will finance commercial and hospitality assets owned by two of its subsidiaries
CI Capital, Barclays plan United Bank roadshow this month -report
Banks reportedly planning trips to Kuwait, Qatar, Oman and the UAE to market the lender
Last Night’s Talk Shows: The truth behind prepaid cards’ suspension
Authorities decided to limit prepaid cards to local purchases in efforts to preserve FX
CBE bans some prepaid cards from making international transactions
The move affects cards that aren’t linked to bank accounts
Hungary wants more EU funding for Egypt to tackle migration
Shoukry was in Budapest yesterday to discuss economic ties, migration with the Hungarian foreign minister
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