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Egypt’s first corporate sukuk issuance coming in two weeks
DEBT WATCH- Egypt’s first corporate sukuk issuance coming in two weeks: Aircraft leasing company CIAF Leasing is gearing up to…
CBE confirms EGP 50 bn tourism support program
CBE confirms EGP 50 bn tourism support program: The Central Bank of Egypt (CBE) will increase tenfold the funding it…
CBE to ink contracts with United Bank sale advisors EFG Hermes, Evercore in two weeks
M&A WATCH- CBE to ink contracts for United Bank sale with advisors EFG, Evercore in two weeks: The Central Bank…
Banque du Caire to offer 49% stake by 1Q2020
IPO Watch- Banque du Caire to offer up to 49% in 1Q2020 IPO: State-owned Banque du Caire (BdC) could sell…
EGX struggles on low trading volumes, lack of new listings
EGX struggles on low trading volumes, lack of new listings: Egyptian equities are struggling to attract investors due to low…
Prime Holding removes Khaled Rashid as CEO, appoints Mohamed Maher
MOVES- Prime Holdings has tapped vice chairman Mohamed Maher to take over as CEO after removing Khaled Rashed, according to…
James Rutherford joins Centamin as independent non-executive director and deputy chairman
MOVES- Centamin has appointed Ross Jerrard (LinkedIn) as interim chief executive officer effective immediately as Andrew Pardey approaches his retirement,…
Emerald Real Estate Investment to receive approval for IPO by the end of year
IPO WATCH- Emerald wants regulator’s sign off on potential IPO by the end of the year: Real estate investment firm…
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