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FRA grants Elite Financial first financial advisor license since introducing new regs
The Financial Regulatory Authority has granted Elite Financial Consultancy the first license as an independent financial advisor since introducing new…
KarmSolar signs EGP 230 mn loan agreement with Banque Misr
KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO…
ADIB Capital considers arranging EGP 1.1 bn loan for El Ezaby
ADIB Capital is considering arranging and marketing a EGP 1.1 bn loan for El Ezaby Pharmacies, banking sources told Al…
Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE
The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt…
IMF out with final review of Egypt’s reform program
IMF out with final review of Egypt’s reform program: The International Monetary Finance (IMF) released on Friday its fifth and…
Egypt’s annual headline inflation falls again in September, clearing the way for more cuts
Headline inflation falls again in September, clearing the way for more rate cuts: Egypt’s annual headline inflation rate dropped for…
CIB appoints two Indian bankers as non-executive board members
MOVES- CIB has appointed seasoned Indian bankers Rajeev Kakar and Paresh Sukthankar as non-executive board members, the bank said in…
Banque Misr mulls USD 300 mn loan to DP World for Ain Sokhna port expansion
Banque Misr could extend a seven-year, USD 300 mn loan to the UAE’s DP World to part-fund the expansion of…
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