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Al Baraka Bank to set up two leasing and factoring companies
Al Baraka Bank wants in on Egypt’s sukuk and factoring markets, with plans to launch two separate companies to issue…
THIS MORNING: What’s going to make news in Egypt in August + bracing for Delta and a fourth wave of covid-19
Good morning, wonderful people, and welcome to a new month — and to interest rate week. All 12 analysts we…
GSK Egypt recruits Grant Thornton for fair value study + FAB mortgages for Tatweer Misr clients
Grant Thorton assigned to evaluate GSK Egypt’s assets: The board of GlaxoSmithKline Egypt has agreed to hire Grant Thorton as…
THIS MORNING: Russian team to assess covid in Sharm, Hurghada tomorrow; Abu Dhabi slashes business fees; Political crisis in Tunisia after president fires PM amid protests.
It seems that with each passing day, the global news agenda is being taken over by the delta variant and…
Oil falls amid rumours of Saudi-UAE oil supply agreement
Oil falls amid rumours of Saudi-UAE oil supply agreement: Oil prices fell back yesterday after press reports suggested that Saudi…
Also on our Radar: Alstom finishes automated rail signalling outside Assiut
Other things we’re keeping an eye on this morning: French rail manufacturer Alstom has installed (pdf) an automated signalling system…
CIB launches new services for small businesses
CIB launches new services for small businesses: CIB rolled out yesterday a new business banking segment, dubbed CIB Growth, which…
Bank ABC launches Blom MTO
Bahrain’s Bank ABC has submitted a mandatory tender offer to acquire up to 100% of Blom Bank Egypt, the Financial…
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