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African Development Bank joins consortium to fund Egypt’s new capital monorail
Egypt is in talks with a banking consortium comprised of the African Development Bank, the European Investment Bank, and the…
Investors will appreciate policy stability from Amer staying on as CBE governor, Bloomberg says
Investors will welcome Amer getting a second term as CBE governor as it signals policy stability, Bloomberg says: Tarek Amer…
Evergrow in talks with Egyptian banks to restructure EGP 8 bn in loans, facilities
Evergrow Specialty Fertilizers is in talks with a local banking consortium to restructure EGP 8 bn in loans and credit…
Dubai-based Mubasher Holding to seek custodian license in Egypt
Dubai-based Mubasher Holding plans to apply for a custodian license in Egypt after it last year obtained approvals from the…
Egypt’s Banque Misr doubles SMEs credit line with EIB
Banque Misr has signed an agreement to double its SMEs financing credit line at the European Investment Bank (EIB) to…
EFG Hermes, Evercore tapped to lead Central Bank of Egypt’s United Bank sale
M&A WATCH- EFG Hermes, Evercore tapped to lead United Bank sale: The Central Bank of Egypt (CBE) has appointed EFG…
CIB becomes first bank in Egypt to join Swift GPI initiative
CIB is the first bank in Egypt to join the Swift GPI initiative to facilitate traceable international payments, according to…
EFG Hermes to arrange EGP 1.5 bn in debt agreements next year
EFG Hermes plans to arrange debt issuances and agreements worth EGP 1-1.5 bn in 2020, co-head of investment banking Mostafa…
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