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China extends Egypt’s local-currency swap line for three more years
Analysts say without a push to grow Egyptian exports to China, the facility’s near-term use will concentrate on financing Chinese…
NBE acquires 20% of Egyptian Alliance for Education in broader equity pivot
The state-owned commercial bank is securing direct equity stakes across high-growth private sectors
NBE invests EGP 250 mn in new education platform targeting 100 schools in 27 governorates
Good afternoon, friends, and kudos to you for making it to the weekend. It’s been a busy week both at…
Egypt’s urban inflation eases to 14.6%, but don’t expect a rate cut just yet
Monthly inflation accelerated from 1.1% to 1.6%, suggesting that price pressures have not fully dissipated
Government mulls handing SFE control over entire state-owned portfolios
Good morning, ladies and gents. Today’s issue is all about growing and expanding. The players in our news well are…
Trial operations kick off at AD Ports’ Safaga 2 terminal
Plus: Nissan rolls out first locally assembled Magnite from its Sixth of October plant
MNT-Halan hits USD 1.4 bn valuation following Al Ahly Capital-led funding round
The National Bank of Egypt’s investment arm is taking an undisclosed stake in the fintech unicorn, marking the first time…
EGX rolls out single-stock futures on blue-chips CIB and TMG
Good morning, all. We lead today’s issue with a much welcomed privatization update — the UAE’s Alcazar Energy has taken…
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