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Egypt: EFG tapped as financial advisor in 2021 IPO of MM Group subsidiary
IPO WATCH- MM Group’s e-payments subsidiary looks to start work on IPO in 1Q2021: An e-payments company recently established by…
Private equity investor Ezdehar is looking to raise as much as USD 200 mn from institutional investors
INVESTMENT WATCH- Private equity outfit Ezdehar is looking to raise as much as USD 200 mn from institutional investors to…
FRA stress test shows “strength” of Egypt’s NBFS institutions, says Omran
FRA stress test shows “strength” of NBFS institutions, says Omran: The FRA put out astatement yesterday on the results of…
Amer to acquire EGP 1 bn loan from unnamed Egyptian bank
Amer Group is closing in on an agreement for a EGP 1 bn loan from an unnamed local bank to…
Local banks joining UAE’s Mashreq in arranging USD 360 mn loan to Evergrow
At least five banks — the National Bank of Egypt, Banque Misr, Suez Canal Bank, the Housing and Development Bank,…
Egypt’s CIB reports 100% uptick in use of digital services for bank transactions
CIB reports 100% uptick in use of digital services: Leading private sector bank CIB has seen a 100% y-o-y increase…
Cairo 3A Poultry secures EGP 1.26 bn syndicated loan for expansions
INVESTMENT WATCH- Cairo 3A lands EGP 1.26 bn loan to finance expansions into poultry farms: Cairo 3A Poultry has secured…
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19. Commercial…
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