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Five state + military-owned companies added to pre-IPO fund
The Sovereign Fund of Egypt (SFE) has added five state- and military-owned companies to its pre-IPO fund as the government…
Qatar Diar has eight years to finally finish its City Gate project in New Cairo
Qatari Diar has until 2031 to finish City Gate: The New Urban Communities Authority (NUCA) has given Qatari Diar subsidiary…
FRA approves BdC IPO deadline extension
Banque du Caire pushes IPO deadline to March 2023: The Financial Regulatory Authority (FRA) has allowed Banque du Caire (BdC)…
Selling electricity to Greece. Plus: Philip Morris is making smokes here now and farmers will get more for wheat
More energy cooperation with Greek partners? Electricity Minister Mohamed Shaker yesterday discussed expanding cooperation and investment with Greek energy and…
Has Banque du Caire pushed its IPO back again?
Banque du Caire’s IPO may have been kicked down the road once more: State-owned Banque du Caire is postponing its…
Banque du Caire’s Telda prepaid card gets central bank approval
CBE gives greenlight to BdC’s Telda prepaid card: Banque du Caire has received final approval from the Central Bank of…
Mohamed El Etreby appointed UAB chairman
Banque Misr’s El Etreby named UAB head: Banque Misr Chairman Mohamed El Etreby (bio) has been selected to succeed Sheikh…
Banque Misr restructures holding of Banque du Caire + Coinbase snaps up Goldman’s first BTC-backed loan
Banque Misr now owns nearly 100% of BdC: Banque Misr has purchased 1.13 bn shares (around 42.9%) in Banque du…
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