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Mixed bag of nuts on a quiet night on Egypt’s airwaves
Last night was a mixed bag of nuts on a rather humdrum night on the airwaves. Banking system statistics, healthcare,…
What we’re tracking on 12 September 2019
Reactions to Tuesday’s unexpected inflation figures continue to roll in: August’s inflation figures could give the central bank room to…
Gov’t begins to roll out Meeza debit cards
The Finance Ministry began distributing almost 5 mn “Meeza” debit cards to public sector workers at the beginning of September…
AUB agrees to loan United Real Estate subsidiary EGP 250 mn
An Egypt-based subsidiary of Kuwait’s United Real Estate Company signed on Monday a five-year, EGP 250 mn loan with Ahli…
Sarwa close to concluding EGP 5 bn in securitized bond issuances
Consumer and structured-finance player Sarwa Capital is close to concluding two issuances of securitized bonds worth EGP 5 bn, Ayman…
Pharos has a transaction pipeline worth EGP 15 bn
Pharos Holdings has a transaction pipeline worth EGP 15 bn, Pharos’ Managing Director and Head of Investment Banking Noha Ghazaly…
Egypt’s headline inflation falls to six-and-a-half year lows in August
Headline inflation falls to six-and-a-half year low in August, confounding expectations: Egypt’s annual headline inflation rate fell to 7.5% in…
Egyptian Stock Exchange removes GTH shares
The EGX has taken Global Telecom Holding’s shares off the exchange after the company completed all voluntary delisting procedures, the…
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