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Alexbank signs USD 100 mn agreement with EBRD to finance SMEs
Alexbank lands USD 100 mn EBRD loan for SME finance: Alexbank has signed a cooperation agreement worth USD 100 mn with…
Banque Misr looks to borrow USD 250 mn for Africa expansion
Banque Misr eyes USD 250 mn loan for SME finance: Banque Misr is in talks with two unnamed international institutions…
FinMin to cut debt-to-GDP ratio to 79% next fiscal year -Maait
BUDGET WATCH- FinMin adopts more ambitious debt-to-GDP targets in coming fiscal year: The Finance Ministry will aim to lower Egypt’s…
Beltone, Emirates NBD tapped to manage HHD secondary offering
Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage…
Sawiris eyes 51% stake in state-owned Shalateen mining company
M&A WATCH- Sawiris eyes majority stake in state-owned Shalateen: Naguib Sawiris is in talks with the government to buy a…
Strengthening EGP to put pressure on corporate earnings -Pharos
Strengthening EGP to put pressure on corporate earnings -Pharos: Corporate earnings will come under pressure over the next four quarters…
Earnings watch: Elsewedy Electric reports 19.4% drop in net profits after minority interest
EARNINGS WATCH- Elsewedy Electric’s net profit after minority interest dropped 19.4% y-o-y to EGP 4.02 bn in 2019, down from…
Egypt’s new NGOs Act regulations with cabinet for final review
LEGISLATION WATCH- NGOs Act executive regulations with cabinet for final review: A government committee has finalized the executive regulations for…
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