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Cabinet looks to resolve Simo privatization dispute under dispute resolution committee
The Madbouly Cabinet’s dispute resolution committee began last week looking into the six-year dispute over the unwinding of the privatization…
EFG to invest USD 60 mn in education, pharma acquisitions
INVESTMENT WATCH- EFG Hermes to invest USD 60 mn in education, pharma acquisitions: EFG Hermes is set to acquire schools…
What we’re tracking on 17 July 2019
The Americans are coming: Economic reform has made Egypt more attractive to US investors, US Chamber of Commerce Executive VP…
Raya’s microfinance arm Aman in negotiations eyes EGP 500 mn in loans from five banks
Raya Holding’s microfinance subsidiary Aman is seeking to borrow EGP 500 mn from CIB, Suez Canal Bank, Attijariwafa Bank, Blom…
Sarwa Capital gets Egypt’s first sukuk issuer license
Sarwa just got Egypt’s first sukuk issuer license: Consumer- and structured-finance player Sarwa Capital has been granted the country’s first…
NI Capital invites investment banks to advise on Sidpec share sale
NI Capital invites investment banks to advise on Sidpec share sale: State investment bank NI Capital has invited top investment…
HC Securities’ brokerage arm receives short-seller license
HC Securities’ brokerage arm became the latest investment bank to receive a license approval from the Financial Regulatory Authority to…
Egypt’s market regulator grants UE Lease approval to offer factoring services
Arabia Investments Holding’s UE Lease has received preliminary approval from the Financial Regulatory Authority (FRA) to begin offering factoring services,…
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