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Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.3 bn (9.8% below the 90-day average). Local investors…
Covid-19 dents Credit Agricole Egypt annual profits
Credit Agricole Egypt’s net income plunged more than 42% in 2020 as the covid-19 pandemic weighed on income and caused…
Also on our radar on 8 February 2021
Edita has added an EGP 106 mn assembly line for its wafer products, the EGX-listed snackfood maker said in a…
Also on our radar on 24 January 2020
Some 1.4 mn tourists visited Egypt between the resumption of international flights on 1 July and the end of the…
It’s gonna be ok…
Why the market accepted the Central Bank of Egypt’s freeze on cash dividends without batting an eyelid. Picking up where…
Earnings watch: CIRA, Oriental Weavers, Credit Agricole
EARNINGS WATCH- CIRA revenues cross EGP 1 bn mark in FY2019-2020: Private sector education outfit CIRA reported a 54% y-o-y…
Egypt sells USD 750 mn of sovereign green bonds in maiden issuance
Egypt sold USD 750 mn in green bonds yesterday in what was the region’s first sovereign offering of the climate-friendly…
Egypt could take its debut sovereign green bond issuance to market as soon as today
Egypt could take its debut sovereign green bond issuance to market as soon as today, Bloomberg reported yesterday. The USD…
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