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Gov’t is getting USD 250 mn to boost food + energy security
The loan will be equally split between the EGPC and GASC
ADES shares soar 30% in market debut, bucking regional market trends
The USD 1.2 bn IPO saw 30% of the company sold to investors
Traditional educational loans aren’t cutting it for parents looking for K-12 financing options
Education financing sounds good in theory — but tuition loans fall short in practice: The desire for prestigious, high-quality education…
Emaar loves Egypt + Edita’s big move in Morocco
Emaar Properties plans to double its Egypt operations to 30% of its overall business, founder Mohamed Alabbar told Asharq Business,…
What we’re tracking on 19 October 2020
Good morning, friends, and welcome to a typically slow (but not dull) Monday, which oddly enough is usually the slowest…
Who’s in the market for debt: Faragalla Group, BPI
Faragalla Group is reportedly in the market for an EGP 2.05 bn syndicated facility being led by the National Bank…
Edita Food Industries to receive EGP 105 mn loan from Arab Bank
Edita Food Industries signed a medium-term loan worth EGP 105 mn with Arab Bank to finance a new production line,…
FAB - Egypt to appoint Mohamed Abbas Fayed as CEO
MOVES- Mohamed Abbas Fayed is set to assume his position as CEO of First Abu Dhabi Bank – Egypt (FAB)…