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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…
Egypt takes its first step toward privatizing some military-owned companies
PRIVATIZATION WATCH- Egypt takes its first step toward privatizing some military-owned companies: The Sovereign Fund of Egypt (SFE) and the…
Mashreq Bank considers purchasing majority stake in Arab Investment Bank
M&A WATCH- The UAE’s Mashreq Bank is considering acquiring a controlling stake in Egypt’s Arab Investment Bank (AIB), sources familiar…
Egypt’s banks told not to take legal action against struggling factories
Banks will be required to call off any legal action they’re taking against factories that are unable to pay off…
Sovereign Fund of Egypt seeking investor to buy NIB’s stake in e-Finance
The Sovereign Fund of Egypt could be looking sell the National Investment Bank’s stake in e-payments platform e-Finance, according to…
The results of our Enterprise 2020 reader poll
For all of the complaining, 2019 was a pretty good year in which to do business in Egypt, you told…
What we’re tracking on 3 February 2020
The results of the 2020 Enterprise Reader Survey are in. Altogether, businesses in Egypt say they fared relatively well in…
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