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THIS MORNING: New CBE chief to meet senior bankers today + High inflation across the world could be with us to stay
Good morning, everyone, and happy Wednesday. We bring you a busy issue this morning with no single theme running through…
valU acquires PayNas
EFG Hermes’ consumer finance arm valU has acquired 100% of digital HR and payroll platform Paynas, valU said in a…
IMF talks in “final stages,” says Madbouly
Egypt and the IMF are in the “final stages” of talks for a fresh facility to help shore up the…
THIS MORNING: Regional summit continues in New Alamein today + The stock sell-off is back
Happy hump day, wonderful people. WATCH THIS SPACE- The search process for a new head of the EGX has been…
OFH is setting up a fund for tech startups
OFH swaps Beltone for fintech: Orascom Financial Holding (OFH) is using the sale of itsshares in Beltone Financial to expand…
Egypt could opt for soft EGP devaluation to stave off inflation -Moody’s
Moody’s is the latest to speculate on the fate of the EGP: Egyptian policymakers will likely choose to maintain a…
Saudi wealth fund is sizing up EgyptAlum — and potentially Egyptian Media Production City + United Bank
Saudi Arabia’s sovereign wealth fund is making headlines in Cairo with at least three possible high-profile acquisitions now appearing to…
Abdalla at the CBE + a new industrial tender get attention on the airwaves
Hassan Abdalla’s appointment as caretaker governor of the Central Bank of Egypt got a lot of attention on the airwaves…
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