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Dragon Oil is looking to invest more in Egypt. News from UN, El Gouna, AAIB
The government owes Dragon Oil USD 200 mn in receivables
Everything you need to know about Act Financial long-awaited IPO next month
The company will offer additional 360 mn shares at EGP 2.90 a piece, with a 36% markdown from their fair…
At least six state-owned banks rumored to be in line for leadership reshuffle
The National Bank of Egypt, Banque Misr, Banque du Caire, AAIB, EBank, and Suez Canal Bank could soon be under…
Banks trade USD 1.9 bn in two days
The EGP lost almost 37% of its value against the greenback after the float
GB Corp’s Drive raises EGP 1.47 bn in fresh securitization
This is the second time this month the GB Corp subsidiary has taken to the securitization market
GB Corp’s Drive closes EGP 1.4 bn securitized bond issuance
The issuance is the first in a three-year EGP 5 bn securitization program
Egypt central bank, Kuwait wealth fund to divest 40% of AAIB
The sale is expected to take place in 2024
Aur microfinance arm raises EGP 225 mn from securitization. PLUS: News from cabinet and SODIC
The issuance came in two tranches, both rates P1
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