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Italian investments in Egypt to reach USD 3.2 bn in 2020
INVESTMENT WATCH- Italian businesses will double their investments in Egypt to EUR 3.2 bn next year, President of the Italian…
What we’re tracking on Monday, 23 December 2019
The long-awaited cabinet shuffle materialized yesterday, bringing six new faces to the cabinet table and a handful of surprises, including…
Prepaid card market in Egypt to grow by 18.2% by 2023
Egypt’s prepaid card market is expected to grow at a compound annual rate of 18.2% by 2023, after growing 24.1%…
Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt
DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some…
CBE to ink contracts with United Bank sale advisors EFG Hermes, Evercore in two weeks
M&A WATCH- CBE to ink contracts for United Bank sale with advisors EFG, Evercore in two weeks: The Central Bank…
My Morning Routine: Ahmed Issa, chief executive officer of retail banking at CIB
Ahmed Issa, chief executive officer of retail banking at CIB: My Morning Routine looks each week at how a successful…
Al Baraka Bank Egypt looks to acquire USD 400 mn loan from foreign lenders
Al Baraka Bank is in talks with foreign lenders for a USD 400 mn loan, CEO Ashraf El Ghamrawy tells…
Bank Audi to loan EGP 2 bn to SMEs to achieve 20% portfolio target
Bank Audi is planning to loan EGP 2 bn to small and medium-sized businesses by the end of next year…
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