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Bank ABC begins due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC starts due diligence on Blom Bank Egypt: The Arab Banking Corporation (ABC) has begun due diligence…
CI Capital elects Ahmed Sobhy and Neveen El Tahri to board of directors
MOVES- CI Capital has asked Ahmed Sobhy (Linkedin) and Neveen El Tahri (Linkedin) to join its board of directors, according…
CI Capital’s Souhoula provides installment payment option through retailers
CI Capital’s consumer finance arm Souhoola has signed contracts with six brick and mortar and online retailers to allow customers…
Egypt’s commodities exchange could be expanded to include gold, steel, cotton
Gold, steel, and cotton could eventually be on the menu for Egypt’s commodities exchange: The new Egyptian Commodities Exchange (Egycomex)…
Premium Card closes EGP 182 mn securitized bond issuance
DEBT WATCH- Premium Card closes EGP 182 mn securitized bond issuance: Premium Card has closed the third issuance of its…
Your top 5 pieces of business and economic news in August
Your top 5 pieces of business and economic news in August: Egypt’s non-oil private sector contracted at its slowest pace…
Banque Misr, CI Capital could integrate their financial services operations
M&A WATCH- Banque Misr, CI Capital could integrate their financial services operations: Banque Misr and CI Capital could potentially merge…
Prime Holding reports EGP 18 mn loss, Arabian Cement reports EGP 5.64 loss for 1H2020, Ibnsina Pharma reports 16% growth in revenues
EARNINGS WATCH- Ibnsina Pharma’s net profits dipped 36.8% y-o-y to EGP 38.7 mn in 2Q2020, from EGP 62.2 mn in…
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