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Ahmed Mohamed Galal appointed for second term as Export Development Bank deputy chairman
MOVES- Ahmed Mohamed Galal appointed for second term as Export Development Bank deputy chairman: Prime Minister Moustafa Madbouly has renewed…
Al Ahly Capital in talks to acquire e-payments firms Momken, Sadad
M&A WATCH- Al Ahly Capital is in talks to acquire 100% of e-payments firms Momken and Sadad in transactions that…
BRIEFLY NOTED- CBE’s POS machines, Emaar Misr says Cairo Gate isn’t new, Sika closes Bitumode acquisition
BRIEFLY NOTED- It will cost the central bank EGP 500-600 mn to finance the cost of rolling out 100k point-of-sale…
Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port
Elsewedy Electric is in talks with local banks to arrange a loan between EGP 800 mn and EGP 1 bn…
CIB Wealth allows you to access your banking services on the go
Music to our ears: CIB Wealth allows you to access your banking services on the go. It’s now easier than…
Egypt-led fintech startup Tribal Credit joins Visa’s Fintech Fast-Track program
STARTUP WATCH- Tribal Credit, a Silicon Valley-based fintech startup co-founded by two Egyptian entrepreneurs, has joined Visa’s Fintech Fast-Track program,…
Al Ezz Dekheila Steel in talks with local banks for EGP 3 bn loan to finance working capital
Al Ezz Dekheila Steel is in talks with local banks for an EGP 3 bn facility to finance working capital,…
Al Marasem reportedly seeking EGP 700 mn facility for New Cairo hospital, medical labs
Al Marasem International Development is reportedly in the market for EGP 700 mn to finance part of a planned EGP…
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