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Egypt’s future credit rating agency #2? PLUS: news from MidBank, Banque Misr, Egypt Air and more
The chairman of MGM Financial and Banking Consultants is partnering with investors to form a rating agency
Banque du Caire wants a strategic investor + Japan’s FM to hold talks with Sisi, Shoukry today
It’s unclear how this could impact the state lender’s long-term plans to go public on the EGX
Mashreq Egypt appoints Mohamed Talaat as head of retail banking
Talaat returns to the bank after five years at FAB and Misr Digital Innovation
Net foreign liabilities narrow slightly in July
Banking’s foreign liabilities easing drove the deficit decline
Someone has eyes for Middle East Glass. PLUS: Big Network International investment and news from Mashreq, Ethydco, Somabay, Quintessentially, and the banking industry
Unnamed investors are offering to acquire Gulf Capital’s 37% stake in the glass manufacturer
Mashreq appoints Faisal Al Shimmari as head of ESG and corporate strategy
Al Shimmari has served as the bank’s senior vice president - head of risk strategy and governance for over a…
National Bank of Egypt + Banque Misr report higher net income in 2022
Both lenders reported expansion of their loan book, despite sharply higher interest rates
CIB appoints Jawaid Ahmed Mirza as non-executive board member
Mirza previously spent almost 12 years at the bank between 2008 and 2019
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