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Who’s in the market for debt? Rooya, monorail, Canal Sugar
Weekends are usually a quiet time for the customary leaks in bankers’ never-ending quest for a bit for PR on…
Earnings watch: Rameda Pharma, Credit Agricole Egypt, ADIB, EIPICO, Vodafone Egypt
EARNINGS WATCH- Rameda profits soar in 1Q: Rameda Pharma almost trebled its profits in 1Q2020, recording net income of EGP…
Earnings watch: GB Auto, EIPICO, ADIB, Credit Agricole Egypt report 1Q2020 results
EARNINGS WATCH- GB Auto posted net profits of EGP 138.4 mn in 1Q2020, soaring 430.6% y-o-y from EGP 26.1 mn…
Suez Canal Bank sells Midor stake for USD 30.6 mn
M&A WATCH- Suez Canal Bank sells Midor stake for USD 30.6 mn: The Suez Canal Bank has approved the sale…
Credit Agricole appoints Didier Reboul as non-exec board member
MOVES- Credit Agricole Egypt has appointed Didier Reboul (bio) as a non-executive board member, replacing Mathieu Michel (bio), according to…
MidElec to borrow EUR 30 mn to boost power to Midor refinery
Midor’s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase…
Credit Agricole Egypt approves deputy CEO resignation
MOVES- Credit Agricole Egypt’s board of directors has approved the resignation of Vice Chairman Michel Mathieu (bio), according to an…
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance: The Finance Ministry has tapped Credit Agricole, Citibank,…
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