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MNHD plans new EGP 2 bn securitized bond offering
DEBT WATCH- MNHD plans new EGP 2 bn securitized bond offering: Madinet Nasr for Housing and Development is considering issuing…
Talk shows discuss public sector, covid-19 measures and GERD dispute
Expect three IPOs of state-owned companies on the EGX before the summer, Tawfik says: The government is aiming to go…
Fintech startup Khazna secures seed funding led by Algebra Ventures
STARTUP WATCH- Khazna secures seed funding led by Algebra Ventures: Egyptian fintech startup Khazna has raised an undisclosed amount of…
Four bidders for Shell's onshore assets in Egypt
More companies declare bids for Shell's onshore assets in Egypt: US oil and gas producers Apache and Apex International Energy,…
Banque du Caire is on track to debut in April, interest building up for military privatization
PRIVATIZATION WATCH- Banque du Caire is on track to debut in April (for now): The state-owned Banque du Caire (BdC)…
Egyptian banks required to establish in-house financial inclusion departments
Banks are now required to set up departments to oversee financial inclusion strategies and advise the Central Bank of Egypt’s…
Major international bank seeks entry into Egypt
Major international bank seeks entry into Egypt: An unnamed “major” international bank has approached the Central Bank of Egypt (CBE)…
EBRD reportedly interested in Banque du Caire stake
PRIVATIZATION WATCH- EBRD still interested in Banque du Caire stake: The European Bank for Reconstruction and Development has joined the…
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