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Raya bondholders agree to return EGP 200 mn of asset-backed securities, allowing re-issuance at lower interest
DEBT WATCH- Raya bondholders agree to return EGP 200 mn of asset-backed securities, allowing re-issuance at lower interest: CIB, the…
EGP eases to three-month lows against the greenback
EGP WATCH- EGP eases to three-month lows against the greenback: The EGP dipped yesterday to its lowest level against the…
FAB places Bank Audi Egypt acquisition on ice
M&A WATCH- First Bank of Abu Dhabi (FAB) has put on ice its plan to acquire Bank Audi’s Egypt assets…
Central Bank of Egypt leaves rates unchanged in May
CBE decides to keep a bullet in its chamber, leaving rates on hold at MPC meeting: The Central Bank of…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry
FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry: The Finance Ministry will guarantee EGP 3…
FAB completes due diligence on Bank Audi Egypt acquisition, now finalizing its offer
M&A WATCH- FAB completes due diligence on Bank Audi Egypt: First Abu Dhabi Bank (FAB) has completed due diligence on…
CBE may extend subsidized loan program to contractors
CBE may extend subsidized loan program to contractors: CBE Governor Tarek Amer will propose allowing contractors to access subsidized loans…
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