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Egyptian investment bank Arqaam to complete three M&A transactions in 1Q2020
M&A WATCH- Arqaam to complete three M&A transactions in 1Q2020: Investment bank Arqaam Capital has three M&A transactions worth USD…
Banking
What we’re tracking on 17 September 2019
Saudi Arabia and the ramifications of last week’s attack on Aramco facilities have been dominating the headlines in the foreign…
Sodic in talks with local banks for EGP 1 bn for east, west Cairo projects
Premier real estate developer Sodic is in talks with Banque Misr and other local banks to acquire a 3-5 year,…
NBE issues EGP 1.75 bn letters of guarantees for monorail projects
The National Bank of Egypt (NBE) issued six letters of guarantee worth EUR 64.9 mn (EGP 1.75 bn) to a…
Egypt’s regulator to hand new Insurance Act to cabinet this week
LEGISLATION WATCH- Insurance Act to make its way to Cabinet this week: The Financial Regulatory Authority (FRA) will hand over…
Will the Central Bank of Egypt sign off soon on NBG’s sale to Bank Audi?
M&A WATCH- CBE to sign off soon on NBG sale to Bank Audi? The Central Bank of Egypt is set…
What we’re tracking on 16 September 2019
It was your standard Sunday yesterday, folks,with the news slowing down to a snail’s pace in both the local and…
Palm Hills inks agreement with JBI to manage Sixth of October project
Real estate developer Palm Hills has signed an agreement with Julius Burger International (JBI) to manage phase 1A of its…
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