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CIB could get USD 20 mn from EBRD for SME lending
CIB could soon receive a USD 20 mn loan from the European Bank for Reconstruction and Development (EBRD) for on-lending…
Banque Misr restructures holding of Banque du Caire + Coinbase snaps up Goldman’s first BTC-backed loan
Banque Misr now owns nearly 100% of BdC: Banque Misr has purchased 1.13 bn shares (around 42.9%) in Banque du…
Charges brought against the man behind the invisible whale
Archegos founder, CFO arrested on 11 criminal counts, including security fraud: Archegos Capital Management founder Bill Hwang and CFO Patrick…
Suez Cement has a new CEO + the IFC appoints a new North Africa director
Suez Cement has appointed commercial director Mohamed Hegazy (LinkedIn) as its new CEO, replacing our very good friend Jose Maria…
Scatec to issue green bonds worth USD 335 mn
Norway’s Scatec will issue USD 335 mn worth of green bonds to refinance its six solar plants in Benban, according…
Wall Street extends a bad run on trouble for tech stocks
Earnings season + Musk’s Twitter bid drive Wall Street losses: US stocks extended their April losses yesterday on the back…
Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
Twitter’s board greenlights Musk’s takeover bid
Looks like Elon Musk is buying Twitter after all: The Twitter board has okayed the Tesla boss’ offer to fully…
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