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Export Development Fund needs more time to pay arrears
Export Development Fund needs more time to pay arrears: The Export Development Fund is extending the third phase of its…
The ins and outs of DFI-backed green finance in Egypt
The ins and outs of DFI-backed green finance in Egypt: Interest in green finance is continuing to grow in Egypt,…
CIRA to borrow EGP 375 mn for capex spending + EgyLease closes securitized bond issuance
EGX-listed education outfit CIRA is borrowing EGP 375 mn from Ahli United Bank to finance fresh investments, the company said…
Int’l banking syndicate to provide gov’t with USD 2 bn Islamic + ESG loan
A syndicate of 10 regional and international banks are providing the USD 2 bn loan the Madbouly government is raising…
THIS MORNING: Bank board shake-up; unvaccinated civil servants will need a weekly PCR test to enter the workplace from today; Ditto for uni students on campus; new auto consumer regs in effect today.
Good morning, wonderful people, and happy Monday. We have an absolutely stacked issue this morning, starting with a deep dive…
Earnings season is in full swing
Abu Qir Fertilizers reported an 88% y-o-y increase in its bottom line to EGP 1.3 bn in 1Q2021-2022, according to…
CIB profits surge 62% in 3Q2021 as bank posts another record quarter
CIB’s net income surged 62% y-o-y to EGP 3.81 bn in 3Q2021 as net interest income of EGP 6.5 bn…
More green finance for SMEs, courtesy of the EBRD
Banque Misr in line for more EBRD climate financing: The European Bank for Reconstruction and Development (EBRD) could soon sign…
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