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NI Capital invites local investment banks to bid on managing e-finance share sale
IPO WATCH- E-finance is going to IPO, and NI Capital is asking investment banks to pitch for the mandate: NI…
What we’re tracking on 29 May 2019
Coffee is coming: May we begin by respectfully noting that no matter whether you believe Ramadan will last 29 days…
El Attal to break ground on EGP 2.5 bn tourism project in El Galala in 4Q2019
Real estate player El Attal Holding will break ground on its planned tourism project in El Galala, Ain Sokhna in…
Elco Steel signs agreement for Port Said steel factory
Elco Steel signed the ownership and licensing agreement for its new EGP 700 mn steel factory south of Port Said,…
El Sisi urges gov’t to improve investment environment
El Sisi again urges gov’t to improve investment environment: President Abdel Fattah El Sisi’s renewed calls for his government to…
Edra and Blackstone’s Zarou express interest in operating Siemens power plants
INVESTMENT WATCH- Blackstone portfolio company and Edra express interest in operating Siemens power plants: Blackstone Group’s Zarou and Malaysian company…
Beltone’s management agrees with Orascom to leave in October
Beltone Financial and Orascom Investment Holding have decided against renewing a management services agreement between the two companies after its…
The Central Bank of Egypt wants to incentivize banks’ investments in equity for SMEs
Bank investments in SME-focused equity funds now count toward minimum small business loan requirement: The Central Bank of Egypt (CBE)…
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