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Fitch affirms NBE credit rating at B+ with a stable outlook
Fitch Ratings has affirmed the long-term issuer default Rating for the National Bank of Egypt at 'B+' with a stable…
Bahrain's Ahli United Bank submits offer to buyout Egypt unit
WATCH THIS SPACE- Bahrain’s Ahli United Bank is seeking 100% ownership of its Egypt unit, with the Financial Regulatory Authority…
RenCap sees muted consumer demand keeping inflation below CBE target this year
RenCap sees muted consumer demand keeping inflation below CBE target this year: Inflation in Egypt should close out 2020 just…
EFG Hermes, Egypt’s sovereign fund to finalize AIB takeover this year
M&A WATCH- EFG Hermes, SFE to finalize AIB acquisition this year: EFG Hermes and the Sovereign Fund of Egypt (SFE)…
The gov’t plans for Nile flooding and building code violations top stories on talks shows
The nation’s talking heads continued to pore over the government’s efforts to crack down on building violations last night, while…
What we’re tracking on 16 September 2020
It’s another busy news day as we hurtle toward the end of the week, so let’s get this show started.…
EgyLease negotiated EGP 400 mn loan with Banque Misr
EgyLease is in talks with Banque Misr for a EGP 400 mn loan to finance the company’s expansion plans, Chairman…
CIB Egypt renews ISO 22301 certification
CIB has had its ISO 22301-2019 certification from the International Organization for Standardization renewed for the third year in a…
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