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Raya denies its subsidiary is issuing green bonds
Raya denies its subsidiary is issuing green bonds: Neither Raya Holdings nor its recycling subsidiary BariQhave filed for Financial Regulatory…
Bank ABC asks central bank to start due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC asks CBE for green light to start due diligence on Blom Bank: Bahrain’s Arab Banking Corporation…
Egypt secures USD 2 bn loan from int’l banking consortium
Egypt has closed a USD 2 bn financing package with regional and international banks to plug budget shortfalls resulting from…
Bank ABC enters race to acquire Blom Bank’s Egypt assets
M&A WATCH- The GCC scramble for Lebanese banks continues as Bank ABC enters race for Blom Bank’s Egypt assets: Bahrain’s…
What we’re tracking on Monday, 31 August 2020
Good morning ladies and gents: We never like to kick off the issue with a grovelling apology, but when we…
CIB, MNHD sign EGP 1.1 bn syndicated loan agreement
Our friends at CIB will be leading a consortium to arrange a EGP 1.1 bn syndicated loan for Madinet Nasr…
EFG Hermes, GB Capital close acquisition of majority stake in Tokio Marine’s Egypt arm
M&A WATCH- EFG Hermes and GB Capital have closed their acquisition of 75% of Tokio Marine Egypt Family Takaful, the…
EFG’s valU, Al Futtaim to provide no-interest payments to Egypt’s shoppers
EFG Hermes’ fintech arm valU has signed an agreement with Al Futtaim Group to offer six-month no-interest installment plans to…
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