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EFG Hermes closes the first securitization for an Egyptian mortgage firm
EFG Hermes has closed an EGP 651.2 mn securitized bond issuance on behalf of mortgage provider Bedaya, it said in…
CBE to leave rates on hold at 23 June meeting -POLL
The Central Bank of Egypt (CBE) is likely to leave interest rates unchanged this week despite rising inflation and accelerating…
Rameda gets its hands on a new molecule
Rameda has acquired a molecule used for treating epilepsy, the pharma company said in a disclosure to the EGX (pdf)…
SODIC seals EGP 600 mn financing agreement with Ahli United Bank
SODIC subsidiary to borrow EGP 600 mn from Ahli United Bank: Ahli United Bank has agreed to provide SODIC subsidiary…
Welcome, FABMisr
First Abu Dhabi Bank (FAB) has completed the merger of Bank Audi Egypt and rebranded its Egypt operations as FABMisr,…
On display this month: The earliest EGP banknotes. Plus: Astronomers discover “fast radio bursts” from a dwarf galaxy
Get a glimpse of EGP banknotes from the late 19th and mid-20th century: The National Bank of Egypt (NBE) will…
Egypt’s top listed companies, according to Forbes
Forbes Middle East is out with a new list ranking Egypt’s top listed companies: Taking into account market cap, sales,…
Elevate PE launches leasing arm, becomes Elevate Capital
Elevate takes a leap into leasing: Our friends at Elevate Private Equity have landed approval in principle from the Financial…
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