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Al Ahly Capital acquires livestock company owned by NBE
M&A WATCH- Al Ahly Capital acquired 100% of the International Company for Livestock from its corporate parent, the National Bank…
Speed Round
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Sale of NCMP to Cairo Three A closed on Thursday
M&A WATCH- Our friends Pharos Holding and Banque Misr Investment Banking (BMIB) announced on Thursday the closing of the sale…
Banque du Caire IPO in 3Q2018, Amer says
IPO WATCH- Banque du Caire will IPO in 3Q2018, CBE Governor Tarek Amer said in a statement to the press…
CBE repays another USD 600 mn to Afreximbank
The CBE repaid USD 600 mn to the African Export-Import Bank on Wednesday as part of a USD 3.2 bn…
Overall budget deficit declines to 2% of GDP in 1QFY2017-18 from 2.2% in last fiscal year
Egypt recorded an overall budget deficit of EGP 85.3 bn for the first quarter of FY2017-18,or around 2% of GDP,…
Finance Ministry to hit the road on USD 3-4 bn eurobond at year’s end
The Finance Ministry will reportedly begin its roadshow for January’s USD 3-4 bn USD-denominated eurobond issuance at the end of…
House Health Committee lowers proposed tithes on construction materials, healthcare businesses
The House of Representatives’ Health Committee lowers proposed licensing fees imposedon the healthcare sector and a possible new tax on…
Al Tawfeek Leasing seeks regulatory approval for IPO
IPO WATCH- Al Tawfeek Leasing Co. has filed with the Financial Regulatory Authority for permission to list 24% of its…
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