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NBE, Banque Misr, BdC to launch EGP 1 bn fund of funds targeting SMEs
A consortium of the National Bank of Egypt , Banque Misr and Banque du Caire are planning to launch a…
Four companies to IPO in 2H2021?
The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman…
A deadline for companies that haven’t pulled the trigger on their IPOs
BdC is one of at least four companies that now face a year-end deadline to go public. The news comes…
State banks get plenty of funding from global lenders
Banque du Caire (BdC) signed a financing agreement worth USD 200 mn with the African Export-Import Bank (Afreximbank), chairman and…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
Banque du Caire to launch its Tally e-payments arm by year-end
State-owned Banque du Caire will roll out its new e-payments arm, dubbed “Tally”, by the end of this year, a…
SME fund lands EGP 280 mn in commitments from local banks
Catalyst Partners has secured EGP 280 mn in commitments from local banks for an EGP 500 mn SME investment fund…
Also on our Radar on 27 April 2021
Elsewedy Electric subsidiary signs EGP 870 mn agreement for Delta regional control center: A consortium of Elsewedy Electric’s unit, Elsewedy…
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