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CIB mulls issuing up to EGP 15 bn in financial instruments to fund expansion
CIB could issue up to EGP 15 bn in financial instruments to finance its planned expansion, according to a bourse…
Egypt’s Banque du Caire to offer 45% stake in 1H2020 IPO
IPO WATCH- Banque du Caire to offer 45% stake in 1H2020 IPO: State-owned Banque du Caire (BdC) will offer a…
Demand for acquisitions in Egypt’s banking sector is soaring — but nobody really wants to sell
M&A WATCH- With profits hitting record highs, Egypt’s banks are ripe M&A targets — but nobody really wants to sell,…
BdC in talks with EIB to on-lend EUR 90 to Egyptian SMEs
Banque du Caire (BdC) is in talks with the European Investment Bank to open a EUR 90 mn credit line…
Misr Financial Investments to launch EGP 1 bn investment fund
Banque Misr’s investment arm, Misr Financial Investments, is planning to launch a EGP 1 bn investment fund during the coming…
Earnings watch: CIB delivers record 4Q, FY2019 results; MNHD profits hit EGP 1 bn
EARNINGS WATCH- CIB delivers record 4Q, FY2019 earnings: CIB posted record consolidated net profits of EGP 3.26 bn in 4Q2019,…
Central Bank of Egypt to launch mortgage finance program in March
CBE to launch mortgage finance program next month: The Central Bank of Egypt (CBE) is finalizing its mortgage finance program…
International oil companies begin submitting offers for Shell’s Egypt assets
M&A WATCH- IOCs bidding for Shell’s Egypt assets: Royal Dutch Shell has begun receiving offers from international companies for the…
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