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CBE amends how state-subsidized mortgages to low-income households will be dispersed
CBE amends how state-subsidized mortgages to low-income households will be disbursed: The central bank amended the terms for how the…
El Sisi ratifies new tax treatment for Egyptian banks
LEGISLATION WATCH- El Sisi ratifies new tax treatment for banks: President Abdel Fattah El Sisi has signed off on proposed…
Gov’t to issue new tender for advisers on EUR-, Asian currency bond issuance
EXCLUSIVE- Gov’t to issue new tender for advisers on EUR-, Asian currency bond issuance: The Finance Ministry is planning to…
Banque du Caire close to issuing 450k “Meeza” debit cards
Banque du Caire has begun issuing “Meeza” debit cards, CEO Tarek Fayed said, according to Al Mal. The state-owned bank…
AT Lease seeking EGP 1 bn of financing from banks this year
Al Tawfeek Leasing (AT Lease) is seeking EGP 1 bn in financing from banks this year to raise its available…
Central Bank of Egypt studies licenses for SME-focused lenders
CBE studies licenses for SME-focused lenders: The Central Bank of Egypt (CBE) is mulling issuing licenses for new institutions specialized…
Bank Audi to complete due diligence for NBG Egypt arm bid by month-end
M&A WATCH- Bank Audi to complete due diligence for NBG Egypt bid by month-end: Bank Audi will complete by the…
Egypt closes USD 4 bn eurobond issuance, offering 5x oversubscribed
Egypt closes USD 4 bn eurobond issuance, offering 5x oversubscribed: Egypt successfully issued USD 4 bn USD-denominated eurobonds on Tuesday,…
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