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Iron and Steel for Mines & Quarries + Faisal Islamic Bank of Egypt report earnings
Iron and Steel for Mines & Quarries (ISMQ) reported a pre-tax net income of EGP 26.5 mn during 1H2021, according…
Bank ABC and Blom acquisition to go through in 1Q2022
NilePreneurs to help expand local innovation accelerator: The CBE funded, Nile University-based NilePreneurs is taking part in a European Union…
Al Baraka in talks with Hazem Hegazy for vice chairman & CEO position
Al Baraka Bank Egypt is in talks with Banque du Caire vice chairman Hazem Hegazy (LinkedIn) to become the bank’s…
BdC first Egyptian bank to snag CBE-regulated e-signature license
BdC acquires the Egyptian banking sector’s first CBE-regulated e-signature license: State-owned Banque du Caire (BdC) was granted the first license…
Tamweely could be in line for a total of EGP 500 mn in loans from local, foreign institutions
Microfinance player Tamweely is in talks with a syndicate of three local banks to obtain EGP 300 mn finance in…
Banque Misr wants you to keep your banking details safe
Most of the talking heads were focused yesterday on the nation’s medium-term fiscal targets, which were announced over the weekend…
I-Score gets new managing director + Administrative Prosecution Authority gets new head
I-Score has appointed Tarek Elmahmoudy (LinkedIn) as the managing director, effective as of last July, Youm7 reports. Elmahmoudy has 40…
Fawry completes EGP 1.2 bn follow-on share sale
Fawry completes EGP 1.2 bn follow-on share sale: Several shareholders in Egypt’s leading e-payments firm Fawry have sold a 4.3%…
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