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Shut up and take my money
Have another USD 1 bn: Egypt may be taking out a bigger bank loan than previously disclosed thanks to heavy…
CIB approves green bond funding
Our friends at leading private sector bank CIB have approved the allocation of USD 70 mn in proceeds from its…
Dubai’s IPO pipeline grows as Shuaa plots x2 listings in early 2022
Another one for the Dubai IPO pipeline as it looks to capitalize on a regional boom in public listings: Shuaa…
Gov’t finalizes USD 2 bn loan from int'l banking syndicate
The government’s USD 2 bn syndicated bank loan has been finalized and is awaiting approval in the House of Representatives,…
EFG, SFE finalize acquisition of Arab Investment Bank
EFG Hermes is now officially a universal bank: Our friends at EFG Hermes finalized on Thursday their acquisition of a…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
Export Development Fund needs more time to pay arrears
Export Development Fund needs more time to pay arrears: The Export Development Fund is extending the third phase of its…
THIS MORNING: Bank board shake-up; unvaccinated civil servants will need a weekly PCR test to enter the workplace from today; Ditto for uni students on campus; new auto consumer regs in effect today.
Good morning, wonderful people, and happy Monday. We have an absolutely stacked issue this morning, starting with a deep dive…
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