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Credit Agricole Egypt sees moderate profit growth in 2019
EARNINGS WATCH- Credit Agricole Egypt made a net profit of EGP 2.4 bn in 2019, up 7.3% from the previous…
Banque du Caire IPO could go ahead in mid-April
PRIVATIZATION WATCH- State-owned Banque du Caire (BdC) shares could start trading on the EGX by the middle of April, the…
CBE to ease off rate cuts this year in a bid to support strong carry trade -EFG Hermes
CBE to ease off rate cuts this year in a bid to support strong carry trade -EFG Hermes: The Central…
What we’re tracking on 13 February 2020
We have a passel of M&A news to accompany the top story of the day: The suggestion that the CBE…
Raya receives a bid for 31% stake in its transport arm
M&A WATCH- Raya receives a bid for 31% stake in its transport arm: Raya Holding has received a EGP 133…
Annual inflation rises marginally to 7.2% in January
Annual urban inflation rose (ever so slightly) for the third consecutive month in January, inching up to 7.2% from 7.1%…
Telecom Egypt receives three offers to advise on STC Vodafone MTO
M&A WATCH- EFG Hermes, CI Capital, HSBC and Citibank are in the running to advise TE on STC’s Vodafone MTO:…
Egypt’s new Consumer Credit Act to receive final vote soon
LEGISLATION WATCH- Consumer Credit Act cleared for final vote; House working through a busy legislative agenda: The House of Representatives…
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