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Last night's talk shows for Monday, 18 November 2019
Last night’s talk shows were remarkable for an open discussion of whether we’re getting a new central bank governor —…
Egypt’s CIB awarded certificate for supporting child healthcare
CIB awarded certificate for supporting child healthcare: Egypt’s largest private bank CIB has received a presidential certificate of appreciation for…
CBE greenlights establishment of USD 600 mn export credit risk guarantee company
CBE greenlights establishment of USD 600 mn export credit risk guarantee company: The Central Bank of Egypt (CBE) has approved…
Shell taps Citi to manage sale of its onshore upstream assets in Egypt’s Western Desert
M&A WATCH- Royal Dutch Shell has tapped investment bank Citi to manage the upcoming sale of its onshore upstream assets…
Central Bank of Egypt cuts interest rates by 100 bps
CBE cuts rates by 100 bps, in line with market expectations: The Central Bank of Egypt’s Monetary Policy (MPC) cut…
Midor Electricity wants EGP 485 mn EUR loans to raise capacity of power plant
Midor Electricity (Midelec) is negotiating with local private and state-owned banks, including the National Bank of Egypt, to obtain a…
Tamweely seeks EGP 300 mn in loans from two Egyptian banks
Tamweely Microfinance is negotiating with two unnamed banks to borrow EGP 300 mn to increase its women-focused funding portfolio and…
Raya to issue securitized bonds worth EGP 500 mn
The Financial Regulatory Authority has signed off on Raya Holding’s plans for its second EGP 497.5 mn securitized bond issuance…
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