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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…
STC looks to reduce USD 2.4 bn offer for Vodafone Egypt
M&A WATCH- Is STC about to make a new, lower offer for Vodafone Egypt? Saudi Telecom (STC) is in talks…
Premium Int’l to issue a third securitized bond offering this week
DEBT WATCH- Premium Int’l to issue a third securitized bond offering this week: Consumer finance firm Premium International for Credit…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
What we’re tracking on Monday, 31 August 2020
Good morning ladies and gents: We never like to kick off the issue with a grovelling apology, but when we…
EFG’s valU, Al Futtaim to provide no-interest payments to Egypt’s shoppers
EFG Hermes’ fintech arm valU has signed an agreement with Al Futtaim Group to offer six-month no-interest installment plans to…
EGX to purchase 30% of commodities exchange management company
EGX to claim 30% ownership of commodities exchange; who will own the futures exchange still to be determined: The EGX…
Earnings Watch- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020
EARNINGS WATCH- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020: EFG Hermes saw net profits grow to EGP…
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