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CDC plans USD 1 bn investments for Africa, including Egypt
CDC Group is earmarking some USD 1 bn for infrastructure and finance investments in Africa in 2021, with a particular…
Premium International closes EGP 170 mn securitized bond issuance
Consumer finance firm Premium International closed the fourth single-tranche EGP 170 mn tranche of its EGP 2 bn short-term securitized…
Egypt’s banks to remain stable in 2021 -Moody’s
The Egyptian banking system will remain stable in 2021 even as bottom lines “come under pressure” from rising loan losses…
The Great Lebanese Bank Sell Off: Act II
FAB is acquiring Bank Audi’s Egypt arm: First Abu Dhabi Bank (FAB) has signed a final agreement to acquire 100%…
HSBC going long on MENA
HSBC ❤️ Egypt, MENA: The global bank is getting plenty of attention in the domestic press for a statement attributed…
And, scene: Act I of the Great Lebanese Bank Sell Off
M&A WATCH- It’s official: Blom Bank is selling its Egypt arm to Bahrain’s Bank ABC in an EGP 6.7 bn…
Bank ABC wins bid for Blom Egypt
Bahrain’s Bank ABC will purchase the Egypt unit of Lebanon’s Blom Bank for USD 480 mn in a transaction that…
It’s gonna be ok…
Why the market accepted the Central Bank of Egypt’s freeze on cash dividends without batting an eyelid. Picking up where…
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