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EFG Hermes Assets Management plans to grow AUM by up to 15% this year
EFG Hermes Asset Management plans to grow its assets under management 10-15% this year, Managing Director and head of Fixed…
BANKING + FINANCE
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BANKING + FINANCE
CBE allows leasing firms to act as guarantors for loans under SMEs initiative
The CBE has reportedly approved having leasing companies act as guarantors for the loans SMEs take out under the central…
Catalyst Partners receives FRA approval to begin leasing services
Catalyst Partners plans to launch leasing services this week after having received approval from the Financial Regulatory Authority (FRA), Managing…
Banque Misr studies opening new branch in Kazakhstan
Banque Misr is studying the possibility of opening a new branch in Kazakhstan as part of its plans for overseas…
Tharwa Capital requests FRA approval for PHD’s EGP 350 mn securitized bonds issuance
Tharwa Capital has requested approval from the Financial Regulatory Authority (FRA) for Palm Hills Developments’ (PHD) EGP 300-350 mn securitized…
CI concludes sale of QNB shares on EGX
CI Capital concluded yesterday the sale of 2.125% of the Qatar National Bank’s (QNB) stake in its Egyptian unit QNB-Al…
CIB to contribute USD 200 mn to USD 550 mn loan to EGPC
CIB will contribute USD 200 mn to a two-year USD 550 mn loan to the Egyptian General Petroleum Company (EGPC),…
Fawry planning to expand to GCC, African markets this year
E-payments platform Fawry is planning to expand its operations to GCC and African countries this year, Co-Founder and Managing Director…
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