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ADIB Egypt to sell majority stake in subsidiary Cairo National Securities
Abu Dhabi Islamic Bank Egypt’s board has agreed to sell a 50.9% stake in subsidiary Cairo National Securities, according to…
State privatization program to resume in March -Maait
Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in…
THIS MORNING: We’re back in JPMorgan’s EM bond index + on to the Afcon semi-finals
Good morning, friends, and welcome to the very last day of January. The Colonel always told us that time accelerates…
Central bank to leave rates on hold despite Fed tightening
The Central Bank of Egypt will likely leave interest rates on hold when it meets this Thursday despite forecasts for…
State Department nods to USD 2.5 bn arms sale to Egypt
US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn)…
Fawry looks to partner with local bank on prepaid cards
Fawry is looking to partner with a local bank to issue prepaid cards soon, Al Mal reports CEO and founder…
CBE confirms Standard Chartered en route to Egypt
Standard Chartered gets preliminary thumbs up from CBE to enter Egypt: The Central Bank of Egypt (CBE) has given preliminary…
Another USD 2.6 bn in ITFC financing on the horizon?
Egypt to get USD 2.6 bn in financing from ITFC? The International Islamic Trade Finance Corporation (ITFC) has approved USD…
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