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Net foreign assets in Egyptian banks surge in September
Net foreign assets in Egypt’s banking sector surged by 32% m-o-m in September, as foreigners continue to return to government…
Who’s in the market for debt? Vetopharm Int’l + EDB
Vetopharm International has obtained a EGP 650 mn syndicated loan from local banks to finance a new production facility in…
IFC confirms AUB Egypt stake sale to Bahraini parent
M&A WATCH- The International Finance Corporation has confirmed it has offloaded its 10% stake in Ahli United Bank’s Egypt unit…
What we’re tracking on 28 October 2020
Good morning, friends. Are you looking forward to the long weekend as much as we are? We are always grateful…
Institutional investors, research houses hold the line on CIB
Institutional investors, research houses hold the line on CIB amid selling pressure from retail investors following Ezz Al Arab’s resignation.…
What we’re tracking on 26 October 2020
After a very tense early morning yesterday, the business community let out a sigh of relief in the afternoon as…
Suez for Methanol Derivatives is looking for EGP 1.3 bn loan for Damietta plant
Suez Methanol Derivatives Company is looking to secure a EGP 1.3 bn loan for its new plant Damietta, Al Mal…
Cairo Airport wants to double loan for Terminal 1 renovation
Cairo Airport wants to double loan for Terminal 1 renovation: The Cairo Airport Company has almost doubled the value of…
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