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Cairo 3A looking for EGP 1 bn loan from Egyptian banks
Cairo 3A Poultry is in talks with local banks for a EGP 1 bn loan to finance its expansion plans…
Sarwa Capital, Banque Misr conclude EGP 4 bn NUCA securitized bond issuance
DEBT WATCH- Sarwa, Banque Misr conclude EGP 4 bn NUCA securitized bond issuance: Sarwa Capital and Banque Misr have concluded…
Everything you need to know about Egypt’s Investment for Africa Forum 2019
Everything you need to know about Investment for Africa 2019, including agreements worth a combined USD 3 bn: Eleven agreements…
CIB applies for authorized, paid-in capital increase
CIB submitted a request to the EGX on Monday to raise its authorized capital to 50 mn from 20 mn,…
IFC to invest USD 10 mn in electricity meter manufacturer Global Tronics
The International Finance Corporation (IFC) is considering a USD 10 mn equity investment in local electricity meters manufacturer Global Tronics,…
Egypt’s outlook for next year is looking good, says Beltone’s Alia Mamdouh
Egypt’s outlook for next year is looking good, says Beltone’s Alia Mamdouh: The outlook for Egypt’s GDP growth, EGP performance,…
FRA grants short selling licenses to 51 brokerages
The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official tells Reuters. We…
T-bill yields fall slightly in first auction after rate cut
T-bill yields fall slightly in first auction after rate cut: Yields on three-month and nine-month treasury bills fell yesterday in…
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