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EIB approves EUR 90 mn SME credit line to Banque du Caire
The European Investment Bank (EIB) has approved a EUR 90 mn credit line to Banque du Caire for SME loans,…
MEDAF Financial Leasing granted license to begin operations in Egypt
The Financial Regulatory Authority has granted MEDAF Financial Leasing, the subsidiary of investment holding group MEDAF Investments, a financial leasing…
First Abu Dhabi Bank pushes ahead with Bank Audi Egypt acquisition
M&A WATCH- First Abu Dhabi Bank pushes ahead with Bank Audi Egypt acquisition: First Abu Dhabi Bank (FAB) is proceeding…
Osama Saleh selected as non-executive chairman of SODIC’s board
MOVES- Former investment minister Osama Saleh is now non-executive chairman of SODIC’s board of directors, following the departure of Hani…
Acrow Misr to expand in Africa
Acrow Misr eyes Africa expansion: Scaffolding and formwork manufacturer Acrow Misr is planning to set up a subsidiary in Tunisia…
Prime Holdings acquires M&A advisor Paradigm Invest
M&A WATCH- Prime Holding has acquired boutique advisor Paradigm Invest as part of its expansion into investment banking, according to…
Natgas regulator lowers fees for commercial licenses
Natgas regulator lowers fees for commercial licenses: The Natural Gas Regulatory Authority will charge companies lower fees this year for…
Corporate bond issuers want to extend their maturities
DEBT WATCH- Corporate bond issuers want to extend their maturities: A number of players in the securitized bond market have…
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