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THIS EVENING: Valu closes sixth securitized bond issuance worth EGP 922.3 mn
Good afternoon, wonderful people, and happy Sunday. We’re kicking off this week on a relatively calm note. THE BIG STORY…
ADQ may need to make an MTO for Sidpec following its merger with Ethydco
ADQ is buying a 27% stake in Ethydco, which could translate into a controlling stake in the company formed when…
Egyptian banks could fund new logistics zones at East Port Said port. PLUS: News from Instapay, Banque Misr, the EMX, and the SCZone
The loan could go towards one of the port’s three logistics areas
SODIC gets two new board members
ADQ’s Roque Solabarrieta and Khalifa Albloushi will now sit on the board
More than 6 consortiums interested in north coast solar tender. PLUS: Local wheat, Yalla is heading to KSA, golden licenses in the bag for 4 projects.
Acwa Power, Scatec and Toyota are among those considering bidding for the contract, which would see the construction of five…
Telecoms + tech firms players are doing well despite macro headwinds — but have a challenging road ahead
Results were solid in 2Q despite inflation, devaluation
EFG Hermes tops EGX brokerage league table in August
CI Capital, Mubasher, Thndr and Ostoul rounded out the top five firms.
Egypt’s future credit rating agency #2? PLUS: news from MidBank, Banque Misr, Egypt Air and more
The chairman of MGM Financial and Banking Consultants is partnering with investors to form a rating agency
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