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EFG Hermes, Evercore tapped to lead Central Bank of Egypt’s United Bank sale
M&A WATCH- EFG Hermes, Evercore tapped to lead United Bank sale: The Central Bank of Egypt (CBE) has appointed EFG…
Two businessmen acquire 80% of Capital Securities:
M&A WATCH- Cairo Capital Securities chairman divests entire majority stake to two investors: Cairo Capital Securities majority shareholder Yasser Rashed…
Sarwa Capital concludes EGP 776 mn Palm Hills securitized bond
Palm Hills and Sarwa Capital have closed a EGP 776 mn securitized bond backed by a portfolio of 582 delivered…
United Bank signs financing agreement with MNHD
The United Bank signed a financing agreement with Madinet Nasr Housing and Development to fund its planned construction of EGP…
EGPC to borrow USD 650 mn to buy petroleum products
The Egyptian General Petroleum Corporation will take out a USD 650 mn loan from the International Islamic Trade Finance Corporation…
Egypt’s United Bank sale moving forward, Amer says
M&A WATCH- United Bank sale moving forward: The CBE has appointed one local and one foreign lead advisor on the…
AUB agrees to loan United Real Estate subsidiary EGP 250 mn
An Egypt-based subsidiary of Kuwait’s United Real Estate Company signed on Monday a five-year, EGP 250 mn loan with Ahli…
Egyptian investment banks team up with international institutions to manage United Bank sale
M&A WATCH- Egyptian investment banks are teaming up with international institutions to manage United Bank sale: Local investment banks are…
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