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EFG Hermes’ valU sets aside USD 25 mn to expand through M&A + new products
valU to spend USD 25 mn on regional + product expansion: EFG Hermes’ buy-now-pay-later platform valU expects to invest some…
CBE to raise interest rates this week - poll
The Central Bank of Egypt is likely to raise interest rates when it meets on Thursday thanks to rising inflation,…
We got the IMF package — now here’s what we need to do
The IMF has approved a USD 3 bn loan for Egypt, which is expected to unlock bns of USD of…
THIS MORNING: It’s Argentina v France, Messi v Mbappe in the World Cup final tonight
Good morning, wonderful people: We might be reaching the twilight of 2022 but the news flow is showing no signs…
Haleon to launch in Egypt next year
ICT- Benya + Al Fanar join forces in Saudi: IT infrastructure contractor Benya Group has signed final agreements with Saudi’s…
THIS MORNING: The IMF is discussing our loan request tomorrow + Fed slows rate hikes but stays hawkish
Good morning, friends, and happy THURSDAY. We hope the week has been good for you — and those of you…
EBank gets new chairman, deputy chairman
Ahmed Galal (Linkedin) was appointed chairman of state-owned Export Development Bank (EBank) for a three-year term, while Mohamed Abul Soud…
Premium Card issues EGP 201 mn in securitized bonds
Premium Card closes seventh securitized bond issuance: Consumer finance firm Premium International for Credit Services (Premium Card) has issued EGP…
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