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TONIGHT: Sisi inaugurates world’s largest wastewater plant + Flat6labs raises USD 7 mn in second close of Anava
The EGX30 is down 1.4% today as global energy shortages and supply chain disruption dominate the conversation in the local…
Central bank to issue mobile contactless payment licenses
Merchants will soon be able to accept contactless payments through their mobile devices as the Central Bank of Egypt said…
Ezdehar’s second fund to reach USD 100 mn first close in November
Private equity outfit Ezdehar expects to reach first close on its second fund by November, founder and Managing Director Emad…
HSBC Egypt appoints new chairman
HSBC Egypt has appointed Nasser Alshaali (LinkedIn) as its chairman as of 22 September, succeeding David Eldon, according to a…
TONIGHT: Egypt began selling USD-dominated bonds today. + Is Mercedes-Benz resuming assembling in Egypt? ALSO: US pushes Egypt to improve human rights record.
Well, wonderful people, that’s a wrap on another workweek. We hope this second day of fall has been good to…
CIB to represent Africa on UN’s Net-Zero Banking Alliance steering group
CIB will represent Africa on the steering committee of the UN’s Net-Zero BankingAlliance, a group of 55 financial institutions set…
CIRA to borrow EGP 260 mn to fund capex
CIRA will borrow EGP 260 mn from an undisclosed Egyptian bank to fund upcoming projects, it announced in a bourse…
JTI proposes new changes for tobacco license
Japan Tobacco International (JTI) is still lobbying to amend the contentious tender to offer additional licenses to sell tobacco products,…
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