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MAF to invest EGP 750 mn in Egypt by 2025
DEBT- Arabian Construction Company to borrow EGP 3 bn from CIB: CIB has agreed to provide the Arabian Construction Company…
THIS MORNING: At least two banks have tightened FX limits + Pachin shareholders to discuss takeover offers today.
Good morning and happy hump day, ladies and gents. We have an M&A-heavy issue for you this morning, another indicator…
Hisham Ezz El Arab appointed CIB’s non-executive chairman
Hisham Ezz El Arab is once again chairman of CIB: Our friend Hisham Ezz El Arab (LinkedIn) was appointed non-executive…
EGX will be biggest shareholder in future exchanges + Benya borrows big
CAPITAL MARKETS- The EGX is looking to take a majority stake in the planned futures exchange,EGX boss Ramy El Dokany…
BTECH could issue its first securitized bonds by the end of the year
Electronics retailer BTECH is looking to issue more than EGP 1 bn worth of securitized bonds before the end of…
Hisham Ezz Al Arab resigns as CBE advisor following CIB return
Our friend Hisham Ezz Al Arab has resigned from his post as an advisor to CBE Governor Hassan Abdalla in…
MNHD income more than doubles in 9M 2022 + CIB’s bottomline rises 16% in 3Q 2022
Madinet Nasr Housing and Development’s (MNHD) net income was up 112% to record EGP 545 mn in the first nine…
GEM gets building award. CIB + Visa honor women entrepreneurs
The Grand Egyptian Museum received a “Green Building Award” from the Arab Water Council at the government’s Environment and Development…
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