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Interested in an acquisition in the non-bank sector? You’ll soon need approval to start due diligence
You will soon need to get regulatory approval before conducting due diligence on non-banking financial institutions, according to a decision…
More moves from the central bank to ease in new import rules + Nafeza trials for air freight to start soon
CBE teams up with Credit Guarantee Company to help banks cover risk when issuing letters of credit to importers: The…
Misr Italia issues EGP 794 mn securitized bond + Raya eyes EGP 2 bn securitization this year
Misr Italia Properties has closed its first EGP 794 mn issuance as part of an EGP 2.5 bn securitization program,…
Earnings watch: ADIB, Odin Investments, Egytrans, Suez Canal Bank, and EGBank report 2021 results
EARNINGS WATCH- Abu Dhabi Islamic Bank reported EGP 1.45 bn in net income in 2021, up 22% y-o-y, according to…
THIS EVENING: GERD officially starts generating electricity + the debt market is heating up. Plus: House gives its first nod to Capital Markets Act amendments
Good afternoon, wonderful people. It’s shaping up to be a brisk week, if today’s news cycle is any indication. THE…
BdC just got a green lending boost
Banque du Caire is getting USD 30 mn in “tier-two” capital investment under a financing agreement with the Green for…
Is Goldman Sachs being tapped to advise EFG on FAB’s acquisition bid? Plus: Old Mutual has competition for Lekela stake.
EFG Hermes plans to pick Goldman Sachs to advise shareholders on First Abu Dhabi Bank’s (FAB) acquisition bid, Bloomberg reported…
Last Night’s Talk Shows: More imports paperwork talk
The CBE’s new import rules led coverage on the airwaves for a second day running. We have more on the…
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