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Meet Mastercard Egypt’s new VP. PLUS: Bassem Rady arrives in Rome
Inji Borai has been with MasterCard since 2020
Gov’t to start marketing state companies to investors in April, says Maait
Another eight companies could be earmarked for privatization as Cabinet looks to give the asset sale program new momentum
Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara’s Ice Cream, FinMin appoints sukuk company board
Aman is working with a mystery Saudi partner to launch in the kingdom
Local startups are starting to get their deposits from SVB
Scores of Egyptian startups have money tied up with the bank
THIS MORNING: Global bank sell-off sends EGX 30 to a nine-week low
Some USD 465 bn has been wiped from global financial stocks since last week
US to bail out SVB depositors, hand emergency loans to banks to avert financial crisis
All depositors will receive their money on Monday, regulators say.
CBE seeks advisors for United Bank sale
Talks have been stalled with the Saudis since last month.
What really happened at SVB?
This is the second largest bank failure in US history
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