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THIS EVENING: We’re working things out with the IMF + CIRA’s future flow issuance officially gets FRA’s blessing
It’s almost-THURSDAY, friends — which means our favorite day of the week (and the weekly exodus to the Sahel bawabat)…
CIRA profits fall, revenues rise in 3Q 2021-2022
CIRA reports growing revenue, lower bottomline in 3Q 2021-2022: EGX-listed education outfit CIRA reported EGP 149.5 mn in net income…
CIRA moves one step closer to future flow securities
CIRA shareholders greenlight future flow securitization: Shareholders of EGX-listed education provider CIRA have approved the company’s plans for a EGP…
Our first-ever future flow issuance could be just around the corner + Raya’s Aman eyes EGP 500-650 mn securitized issuance
CIRA could issue Egypt’s first future flow securitized bonds next month: The Financial Regulatory Authority (FRA) has approved a program…
THIS EVENING: CIRA confirms its future flow securitization plans + Savola closes Ole Bankery acquisition. Plus: Inflation accelerated again in May
Good afternoon, wonderful people. Pat yourselves on the back for making it through this week, which is going out with…
As a sector, the normally-defensive education industry is tracking the wider market
In times of crisis (or when the going simply gets tough), plenty of investors look to so-called “defensive” sectors —…
CIRA could be the first to tap the future flow securitization market
CIRA could issue Egypt’s first future flow securities: EGX-listed private sector education outfit CIRA is in talks with the Financial…
CIRA to launch its new schools in 6 October, Qena this fall
CIRA to open three new schools in September: EGX-listed private sector education outfit CIRA is looking to open the doors…
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