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What we’re tracking on 8 September 2019
It’s a relatively quiet news morning today with no single story dominating the headlines here at home or abroad. Inflation…
Banking
Deadline for remaining GTH shareholders to sell shares through OPR is today
The EGX has set today as the deadline for Global Telecom Holding shareholders who did not sell their shares to…
What’s going on with Egypt’s repayment of the Suez Canal certificates?
What’s going on with the Suez Canal certificate payments? Reports emerged in the local press yesterday claiming that the Finance…
What we’re tracking on 4 September 2019
Good morning, ladies and gentlemen. Can we start by saying how grateful we are that public schools are not yet…
CI Capital raises issued capital to EGP 800 mn
CI Capital’s shareholders have approved increasing the company’s issued capital to EGP 800 mn from EGP 544 mn, the company…
Egypt’s Nasser Social Bank taps Prime Holding as advisor for restructuring plans
Nasser Social Bank has tapped Prime Holding as an advisor for its restructuring plans, the first phase of which will…
Al Yosr Group to borrow EGP 1.1 bn from three banks
Al Yosr Group has signed loan agreements with Banque du Caire (BdC), Suez Canal Bank (SCB) and the Industrial Development…
BdC looks to issue EGP 20 bn in corporate financing by end of 2020
State-owned Banque du Caire (BdC) plans to issue EGP 20 bn in corporate loans by the end of 2020, an…
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