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What we’re tracking on 24 September 2019
While the business community and foreign investors alike continue to digest events of this past weekend, you can expect the…
Banking
NBE to arrange joint EGP 1 bn loan for SECON
The National Bank of Egypt (NBE) aims to arrange a EGP 1 bn joint loan for the Saudi Egyptian Company…
New Urban Communities Authority prepares EGP 10 bn securitization process
The New Urban Communities Authority (NUCA) will issue another EGP 10 bn in securitized bonds before the end of 2019,…
CIB partners with Transfast to allow remittance transfers from Egyptian expats
CIB has partnered with money transfer company Transfast to allow Egyptian expats to send remittances to bank accounts in Egypt,…
Fair share value for Emisal acquisition set before end of month
M&A WATCH- Fair share value for Emisal acquisition decided soon: A fair share value study for Emisal Salts will be…
What we’re tracking on 22 September 2019
It’s interest rate week: The Central Bank of Egypt’s Monetary Policy Committee is set to meet this Thursday, 26 September,…
Uganda’s central bank gives Egypt’s BdC green light to buy out Cairo International Bank
M&A WATCH- Ugandan central bank gives BdC green light to buy out Cairo International Bank: The Ugandan central bank has…
What we’re tracking on 18 September
Today we find out if the US Federal Reserve will decide to give markets the rate cut it so desperately…
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