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Abou Ghaly ties up with NBE + Metito eyes desalination plants
The desalination plants would have a combined capacity of 200k cubic meters
New criteria for fintech, digital banking licenses
Digital banks now need a capital of at least EGP 2 bn
A record 1H for covered bonds + Does BTC have a bright future?
Banks sold a record EUR 175 bn of the ultra-safe bonds in 1H 2023
THIS MORNING: Madbouly’s big privatization presser is today + heatwave incoming
PE firm Actis is in the frame to buy the Gabal El Zeit wind farm
Bank secures USD 250 mn in finance from IFC
The lender will also help the bank on climate risk mitigation
Sultan is no longer CIB’s COO and Tpay has a new CEO
Işık Uman succeeds Gaston Aussems as head of TPAY
Happy Eid — We’ll see you back here next Tuesday
Watch this space on fresh renewables targets, pan-African payments, and the privatization program
Is a Qatari investor about to snap up a stake in the state-owned hotels company?
And Mayar Sherif becomes Egypt’s best-ranked tennis player of all time
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