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What the markets are doing on 29 November 2020
The EGX30 fell 0.8% on Thursday on turnover of EGP 1.6 bn (42% above the 90-day average) as foreign investors…
Banque du Caire 9M profits down 16%, revenues climb
Banque du Caire (BdC) generated a net profit of EGP 2.5 bn during 9M2020, down 16% from EGP 3 bn…
Talks of Banque du Caire IPO “premature” -sources
IPO WATCH- Talk of when Banque du Caire (BdC) might reschedule its IPO on the EGX are “premature” in light…
EFG Hermes, SFE to complete due diligence on AIB in February -sources
M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank…
What we’re tracking on 19 November 2020
Well, friends, we made it through another week together. We have a packed issue for you this morning, including news…
Bank ABC confirms it’s still in for Blom Bank Egypt
M&A WATCH- Bank ABC is pushing forward with Blom Bank Egypt acquisition talks: The Arab Banking Corporation (Bank ABC) has…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
Diplomacy + Foreign Trade on 15 November 2020
It’s a slow morning for news on the diplomacy + foreign trade fronts. The top story: The European Bank for…
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