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What we’re tracking on 10 August 2020
Happy Monday morning, friends. The big stories in a slow “peak summer” week here in Egypt: Interest rates, foundering talks…
Egypt’s banks can now hold larger stakes in payment processing companies
REGULATION WATCH- Banks are now allowed to hold larger stakes in payment processing companies after the Central Bank of Egypt…
Egypt’s foreign reserves rise for the second month running in July
Foreign reserves tick up in July: Egypt added USD 150 mn to its foreign reserves in July, marking the second…
What we’re tracking on 9 August 2020
Good morning, friends, and welcome to another late-summer workweek. It’s the last full week before some of our readers send…
Let CIB Wealth Concierge services put your mind at ease
Because being relaxed is at the heart of any vacation, CIB offers its Wealth clients a service of luxury to…
Tasaheel and Aman have requested nano financing licenses from the FRA
GB Capital subsidiary Tasaheel, Raya Holding subsidiary Aman, and five other unnamed companies filed for nano-finance licenses from the Financial…
Rubex to restart expansion plans after covid-caused delays
Plastic and acrylic manufacturer Rubex is restarting plans to build four new factories this year, after having put the expansion…
What we’re tracking on 5 August 2020
The story of the morning isn’t here in Egypt, but next door in Lebanon, where Beirut is reeling from a…
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