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EGX chief discusses setting up commodities exchanges with foreign counterparts
Newly-appointed EGX boss Mohamed Farid met with a number of other global bourse officials in Bangkok yesterday for the annual…
Banking
SME Authority and Suez Canal Bank signed two agreements for EGP 100 mn
The Small and Medium Enterprise Authority and Suez Canal Bank signed two agreements worth EGP 100 mn for the financing…
EFSA taps I-Score to set up movable collateral assets registry
The Egyptian Financial Supervisory Authority and The Egyptian Credit Bureau (I-Score) signed an agreement yesterday that will see them establish…
Abu Qir Fertilizers studying offers for EUR 133 mn loan offers
Abu Qir Fertilizers is studying offers for a ten-year EUR 133 mn loan from two rival banking consortia, sources tell…
QNB capital increase approved
QNB Alahly has received approval to raise its capital to EGP 15 bn from EGP 10 bn, according to the…
MNHD extends deadline to convert shares to GDRs
Madinet Nasr Housing & Development (MNHD) has extended the deadline for those wishing to convert shares of the company to…
Pharos Holdings bid for NDC’s upcoming EGX listing
Pharos Holdings is reportedly bidding to manage the National Drilling Company’s (NDC) upcoming share offering on the EGX, which is…
Credit card payments at the post office
The National Postal Authority, Banque Misr, and Visa signed an MoU that will allow Banque Misr to extend some services…
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