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Al Baraka Capital appoints Sarah Hosni as managing director, launches real estate arm
Al Baraka Capital has a new MD: Sarah Hosni (LinkedIn) was appointed managing director of Al Baraka Bank’s Islamic financial…
valU issues EGP 854.5 mn in securitized bonds
valU closes third securitized bond issuance: EFG Hermes’ consumer finance arm valU has issued EGP 854.5 mn worth of securitized…
Saudi sovereign wealth fund could finalize United Bank acquisition this year
PIF could acquire United Bank this month for USD 600 mn: Saudi Arabia’s sovereign wealth fund could acquire the state-owned…
THIS EVENING: PIF could acquire United Bank this month for USD 600 mn
Good afternoon, friends. That busy news flow we’ve been signposting since yesterday morning is taking shape with some big news…
People are relying on BNPL as inflation soars
It’s a slow morning in the pages of the international press. Among the stories worth your time this morning: Soaring…
Hisham Ezz El Arab appointed CIB’s non-executive chairman
Hisham Ezz El Arab is once again chairman of CIB: Our friend Hisham Ezz El Arab (LinkedIn) was appointed non-executive…
Cairo Angels has a new face
STARTUPS- Cairo Angels is now the Acasia Group: Local investor outfit Cairo Angels has rebranded as Acasia Group, according to…
EGX will be biggest shareholder in future exchanges + Benya borrows big
CAPITAL MARKETS- The EGX is looking to take a majority stake in the planned futures exchange,EGX boss Ramy El Dokany…
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