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What the markets are doing on 15 April 2021
Coinbase shares closed at USD 328.28 on their debut on the Nasdaq yesterday, 31% higher than their USD 250 reference…
Also on our Radar on 15 April 2021
The UNDP yesterday launched its Development Impact Accelerator Lab in Egypt, which aims to support individual and institutional innovators working…
Torrid growth continues in factoring, microfinance
GB Auto’s NBFS arm Drive had the largest share of Egypt’s factoring market in February after more than doubling lending…
EFG board greenlights Arab Investment Bank acquisition
EFG Hermes and the Sovereign Fund of Egypt are getting closer to acquiring a combined 76% stake in the Arab…
Managing director, non-executive chairman named for new central clearing and depository company
Yasser Zaazaa (bio) has been appointed managing director of the newcentralclearing and depository company for state debt issuances, while Central…
National Bank of Egypt profits drop 40% in 2019-2020
State-owned National Bank of Egypt’s net income declined 40% to EGP 13.1 bn in its 2019-2020 fiscal year, compared toEGP…
What’s the green economy financing facility — and what could it mean for your business?
Enterprise Explains: What’s the Green Economy Financing Facility (GEFF) and how does it work? When it comes to greenifying businesses,…
Also on our Radar on 13 April 2021
Things we’re keeping an eye on this morning: Ora Developers and Telecom Egypt have signed a cooperation agreement that will…
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