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Marked safe from covid: Banque du Caire’s loan book
State-owned Banque du Caire (BdC) hasn’t seen a large rise in defaults despite covid-19, according to figures given by Chairman…
Raya’s new fund could be the first mainstream alternative to securitization
Raya Holding is planning to set up a fund that will invest in the portfolios of non-banking financial services (NBFS)…
State-owned giants eyeing investment banks?
Are state-owned banks making a play for some of the country’s leading investment banks? CI Capital shares soared more than…
Fintech vies with healthcare as Egypt’s hottest sector
E-payments giant Fawry is looking to make up to two acquisitions this year, founder and CEO Ashraf Sabry tells Reuters…
Also on our radar on 8 February 2021
Edita has added an EGP 106 mn assembly line for its wafer products, the EGX-listed snackfood maker said in a…
Who’s going to IPO in 1H2021? We asked four top analysts.
Welcome to the first EnterprisePM IPO poll, where top sell-side actors talk up their expectations of who’s going to market…
Banque du Caire to establish e-payments company
State-owned Banque du Caire will partner with an unnamed foreign investor to launch a plannede-payments company in which it will…
As expected, central bank leaves rates on hold
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) left rates on hold during its first meeting of 2021…
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