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Banque du Caire’s IPO could happen by year-end
State-owned Banque du Caire’s IPO could materialize by the end of the year, with the lender postponing its plans to…
Banque Misr will take 90% of CI Capital, firm to remain EGX-listed
Banque Misr will get the 90% stake in CI Capital it sought after a majority of the company’s shareholders agreed…
GSK, Hikma end acquisition talks
Hikma Pharma won’t be acquiring GlaxoSmithKline’s Egypt unit: GSK and Hikma Pharma have agreed to end talks over a takeover…
ENTERPRISE POLL- CBE to leave interest rates on hold this Thursday
ENTERPRISE POLL- CBE to leave interest rates on hold this Thursday: Rising global commodity prices and a pick-up in US…
You can’t just say nice green things and call yourself an ESG investor
New European Union (EU) rules to regulate ESG investment products and prevent greenwashing went into effect yesterday. The EU’s new…
NBE pushing into non-bank financial services
Al Ahly Capital has wrapped up its acquisition of a 75% stake in e-payments player Momken, National Bank of Egypt…
Tarek Rouchdy appointed CIB board director, 15 new ambassadors present credentials
Tarek Rouchdy (LinkedIn) has been appointed an independent director of the board at CIB as of yesterday, the bank said…
What we’re tracking on 9 March 2021
Good morning, wonderful people, and welcome to hump day. Get through Tuesday and we’ll slide into the weekend together over…
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