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More trouble ahead for importers as customs exchange rate rises
Leading the airwaves yesterday: The Customs Authority’s decision to hike the USD customs exchange rate to EGP 18.65 this month…
Coffee With: Todd Wilcox, CEO and deputy chair of HSBC Egypt
HSBC wants to be the bank of choice for green tech and sustainable projects
AT Lease closes EGP 1.6 bn securitization
Shari’ah-compliant leasing company AT Lease has closed its third securitized bond issuance worth EGP 1.6 bn, backed by a receivables…
Bye-bye, 18% certificates of deposit…
NBE, Banque Misr suspend sales of 18% CDs: State-owned National Bank of Egypt (NBE) and Banque Misr will no longer…
THIS MORNING: FRA opens consultations on NBFS strategy today; More EU sanctions on Russia unlikely
It’s a great day for investment news, friends, with further signs that we’re deepening our business and investment ties with…
THIS MORNING: Privatization strategy unveiled this week?; PM in Abu Dhabi; A terrible 2022 for emerging markets
Good morning, wonderful people, and welcome to yet another blockbuster morning for business news. It’s a morning that we think…
Earnings watch: HDB + Heliopolis Housing report 1Q 2022 results
EARNINGS WATCH- Housing and Development Bank’s (HDB) net income fell 3.5% y-o-y in 1Q 2022 to EGP 628 mn, according…
valU to sell EGP 700 mn of securitized bonds in 2Q 2022
valU is planning to issue EGP 700 mn in securitized bonds in a single tranche in 2Q 2022 as part…
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