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TONIGHT: Sisi inaugurates world’s largest wastewater plant + Flat6labs raises USD 7 mn in second close of Anava
The EGX30 is down 1.4% today as global energy shortages and supply chain disruption dominate the conversation in the local…
CIRA to borrow EGP 260 mn to fund capex
CIRA will borrow EGP 260 mn from an undisclosed Egyptian bank to fund upcoming projects, it announced in a bourse…
SPMD threatens legal action in response to allegations of market manipulation
Speed Medical responds: Speed Medical issued a statement (pdf) threatening to take legal action for possible defamation against any media…
Banque du Caire’s net income, revenues grow y-o-y in 1H2021
Banque du Caire’s (BdC) net income grew 7% y-o-y in 1H2021 to EGP 1.8 bn, up from the EGP 1.7…
BdC first Egyptian bank to snag CBE-regulated e-signature license
BdC acquires the Egyptian banking sector’s first CBE-regulated e-signature license: State-owned Banque du Caire (BdC) was granted the first license…
Four state-owned banks to launch EGP 1 bn fund in 4Q2021
The EGP 1 bn fund of funds which is expected to be launched by Egypt’s biggest state banks will launch…
Also on our radar on 13 July 2021
Other things we’re keeping an eye on this morning: Abu Dhabi Islamic Bank Egypt will set up a company to…
BdC net income up 20% in 1Q2021
Banque du Caire’s (BdC) net income rose 20% y-o-y in 1Q2021 to EGP 1 bn, up from EGP 838 mn…
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