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Emirates NBD wraps up Blom Egypt due diligence, ABC to follow next week
M&A WATCH- The race to acquire Blom Bank Egypt could be nearing its final stages: Two of the banks interested…
CIB, EFG Hermes included on Refinitiv, AFE's new regional green index
CIB, EFG Hermes make it onto Refinitiv, AFE's new regional green index: CIB and EFG Hermes are among 30 regional…
FRA approves Americana’s EGX delisting
Americana Egypt’s requestto delist 400 mn shares from the EGX has been approved by the Financial Regulatory Authority’s (FRA) Securities…
Central Bank of Egypt sets up new cash management company with banks
STARTUP WATCH- CBE, state-owned banks found cash-management company: The Central Bank of Egypt (CBE) and state-owned Banque Misr, Banque du…
Egypt’s foreign reserves rise for fourth month running in September
Foreign reserves inched upwards for the fourth consecutive month in September, rising to USD 38.43 bn from USD 38.37 bn…
Egypt: Inflation edges up slightly in September but is still near record low
Inflation edges up slightly in September — but is still near record low: Egypt’s annual urban inflation accelerated to 3.7%…
Egyptian industries’ overall performance dropped 25.4% since the onset of the pandemic
Egyptian industries’ overall performance dropped 25.4% since the onset of the pandemic, with the drop driven primarily by weak domestic…
Who’s in the market for debt? Redcon Construction + MSMEDA
Redcon Construction has signed a EGP 625 mn syndicated loan agreement with the National Bank of Egypt and Qatar National…
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