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Infrastructure 
Capital Agro launches USD 25 mn cold storage complex
PLUS- Oppo kicks off production at its Tenth of Ramadan factory
HSBC says it’s here to stay for corporate clients as it reviews the fate of its retail business
HSBC Group’s review of its retail bank in Egypt comes as it looks to “simplify” globally, but it’s business as…
Ownership shakeup at Coca-Cola Beverages Africa
PLUS- The Egyptian Anode Blocks Company’s Ain Sokhna plant kicked off trial operations following the completion of the first phase…
Gov’t raises its local debt target for October to EGP 845 bn
The increase was driven by strong investor appetite for treasury bills and bonds
National Bank of Egypt opens its first Saudi branch
PLUS- Hassan Allam Construction will build a new 305-feddan luxury development under a USD 550 mn turnkey contract
CBE raises rates on subsidized mortgage initiatives for low- and mid-income borrowers
The new rates apply to fresh loans starting 15 October
More cement production licenses incoming?
PLUS- CIB is planning to apply for a digital banking license early next year
US banks to unlock USD 2.6 tn in lending capacity from deregulation push
Alvarez & Marsal estimates USD 140 bn in freed-up capital and a 35% boost to bank earnings
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