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Inertia, BdC sign EGP 575 loan agreement for construction work
Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters’ Arabic service. The…
Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan
Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger…
Egypt’s state-owned Banque du Caire to go public late 2019 or early 2020
IPO WATCH- BdC could go public before the end of the year: State-owned Banque du Caire will go ahead with…
All quiet on the airwaves last night
Social media tax coming soon: The Finance Ministry will soon announce a VAT on e-commerce platforms and social media ads,…
What we’re tracking on 21 August 2019
The Eid news slowdown is showing no signs of letting up... Tomorrow is interest rate day: The Central Bank of…
AT Lease to launch factoring, SME-focused leasing services in 1Q2020
Al Tawfeek Leasing is planning to begin offering factoring and leasing services for SMEs during 1Q2020, CEO Tarek Fahmy has…
Up to 80% of Suez Canal CDs to be reinvested in September: Sources
Up to 80% of Suez Canal CDs to be reinvested in September -sources: A large majority of Suez Canal certificate…
Egypt to issue callable bonds amid expectations of interest rate cuts
EXCLUSIVE- FinMin looking to issue callable bonds amid expectations of interest rate cuts: The Finance Ministry has begun amending its…
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