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Evergrande crisis triggers global stock sell-off ahead of Fed meeting
China’s brewing Evergrande crisis is being blamed for a global equity sell-off: Stocks fell in Asia, Europe and the US…
Charges have been dropped against another four NGOs
Charges have been dropped against another four NGOs accused in the foreign funding of civil society case on the grounds…
El Sisi joins UN climate roundtable
Last night’s talk shows focused on President Abdel Fattah El Sisi’s participation in UN climate talks yesterday. Hosted by UN…
There was a bunch of news on the non-bank lending front yesterday
A lot of news related to non-bank lending landed yesterday. Here’s a snapshot: The Central Bank of Egypt (CBE) and…
5 state companies could offer shares on the EGX by June 2022
Five state companies could offer shares on the EGX during the state’s current fiscal year, which ends in June 2022,…
Companies + governments are rushing to issue debt before the Fed taper
Companies + governments are rushing to issue debt before the Fed taper: The past week saw a spike in USD-…
Banque Misr wants to launch its digital bank in 1Q2022
Banque Misr plans to launch Egypt’s first digital bank during 1Q2022, the bank’s Vice Chairman Akef El Maghraby told Masrawy.…
Banque Misr borrows USD 1 bn from int'l syndicate
Banque Misr has obtained a syndicated loan worth about USD 1 bn,the bank announced in a statement (pdf). The three-year…
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