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Kuwait’s KAMCO to launch investment banking operations in Egypt early next year
Kuwait’s KAMCO Investment Company expects to begin operating as a licensed investment bank in Egypt early next year after obtaining…
Banking
Banking sector continues to seek large foreign loans to prop up the EGP?
Banking sector continues to seek large foreign loans to prop up the EGP? Banque Misr is looking to borrow USD…
Egypt’s central bank to hold key rates on Thursday
EXCLUSIVE- Enterprise poll of economists sees CBE leaving interest rates on hold: The central bank is expected to leave its…
“Few” investor complaints to FRA, says Beltone’s El Sahrawy
“Few” investor complaints to FRA were those who “lost” on Sarwa IPO says Beltone’s El Sahrawy: Beltone Financial Investment Banking…
Lincom Investments hires Grand Investment to manage IPO before year-end
Red Sea-focused real estate investment firm Lincom Investments has hired Grand Investment to manage the IPO of 25% of its…
Fawry Plus signs with 13 major Egyptian banks to offer banking services
E-payments outlet Fawry Plus signed contracts with 13 local banks, including CIB and the National Bank of Egypt, to start…
Investor Protection Fund coverage to expand to EGP 1 mn
The Egyptian Investor Protection Fund (EIPF) is considering expanding its investment portfolio coverage limit to EGP 1 mn from EGP…
Egypt’s CIB posts 3Q2018 results
EARNINGS WATCH- CIB posts record third quarter earnings: Our friends at CIB delivered a 24% y-o-y rise in net income…
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