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EFG Hermes signs EGP 750 mn sale + leaseback agreement with MNHD
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Madinet Nasr for…
Waste collection startup Bekia plans USD 1 mn Gulf expansion for 1Q2022
Startup Bekia is looking to raise USD 1 mn to help it expand to the UAE and Saudi Arabia in…
Wheat could get pricier as Russia mulls higher export tariffs
Brace yourself for pricier wheat as Russia mulls raising export tariffs on the grain: Russia, the world’s largest wheat exporter,…
THIS MORNING: The kids are staying home again today. Plus: It’s all about Omicron abroad.
Good morning, wonderful people, and welcome to another chilly morning. It’s a reasonably quiet news morning at home (by 2020…
THIS EVENING: CHG approves CI Capital’s offer price + brace yourself for bad weather tonight + ALSO: What have Egyptians been Googling in 2021?
Signs that many of you have started hibernating: A slow news day both domestically and abroad, along with the significant…
Arco inks EGP 720 mn financial leasing agreement
Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf…
Kudos: Celebrating Festivus with the best of us
Celebrating Festivus with the best of us: With 2021 coming to a close and as we reflect on the goings…
MNHD GA completes fair value study of Minka
MNHD approves EGP 232 mn valuation of Minka ahead of acquisition: Madinet Nasr Housing and Development’s (MNHD) general assembly has…
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