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Infrastructure 
Central Bank of Egypt approves soft loans to small farms under SME initiative
CBE approves soft loans to small farms under SME initiative: The Central Bank of Egypt (CBE) has greenlit a request…
Banking
CIB sees international interest as it prepare Egypt’s first green bond offering
DEBT WATCH- CIB sees international appetite as it prepares Egypt’s first green bond offering: The International Finance Corporation (IFC) is…
Egypt hires UAE banks to arrange USD 1 bn loan
DEBT WATCH- Egypt hires UAE banks to arrange USD 1 bn loan: Egypt has tapped Emirates NBD and First Abu…
Ahmed Mohamed Galal appointed for second term as Export Development Bank deputy chairman
MOVES- Ahmed Mohamed Galal appointed for second term as Export Development Bank deputy chairman: Prime Minister Moustafa Madbouly has renewed…
EFG and GB Auto to complete purchase of 75% Tokio Marine Egypt in 2Q2020
M&A WATCH- EFG Hermes, GB Capital to close Tokio Marine majority stake acquisition before the month is out: A consortium…
Arabian Cement profits triple in 1Q2020 to EGP 16 mn
EARNINGS WATCH- Arabian Cement profits triple in 1Q2020 to EGP 16 mn: Spending cuts helped Arabian Cement to deliver a…
CVentures makes undisclosed investment in MagicCube
STARTUP WATCH- CIB’s VC arm CVentures has made an undisclosed investment in US-based mobile security startup MagicCube, according to a…
What we’re tracking on 15 June 2020
We’re not sure where we’d go — or who would have us — but commercial flights are set to resume…
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