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Edita + Al Baraka Bank in line for loans from IFC
The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for…
Net foreign assets deficit widens to most on record in June
Net liabilities in the banking system widened by USD 2.6 bn during the month
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
Rania Al Mashat to join ADIB Egypt board
Prime Minister Moustafa Madbouly has approved the appointment
MNT-Halan subsidiary Tasaheel + Talaat Moustafa Group close securitizations
Tasaheel’s issuance is part of a wider EGP 13 bn securitization program
SODIC + Mashreq earnings more than double in 2Q 2023
SODIC’s bottomline more than doubles in 2Q 2023: Upmarket real estate deve loper SODI C reported net income of EGP…
Last Night’s Talk Shows: On the Russia-Africa Summit, digital banking + blackouts
The summit will see discussions on the future of the Black Sea grain pact
Last Night’s Talk Shows: New USD CDs + the ongoing heatwave
NBE and Banque Misr launch new USD certificates of deposit
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