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Derivatives trading and Egypt’s first futures exchange are coming next year -Farid
Futures exchange, derivatives trading are coming next year: Egypt could launch derivatives trading and its first futures exchange in 1H2020,…
Egyptian beauty services startup Glamera raises USD 250k in seed funding
STARTUP WATCH- Glamera raises USD 250k in seed round: Egyptian beauty services startup Glamera has raised USD 250k in a…
Domty signs EGP 100 mn loan with CIB
Cheese producer Domty has signed a medium-term, EGP 100 mn loan with the CIB to fund future expansion plans, including…
NBE to arrange joint EGP 1 bn loan for SECON
The National Bank of Egypt (NBE) aims to arrange a EGP 1 bn joint loan for the Saudi Egyptian Company…
Egypt to launch in October first agriculture commodities exchange
The Supply Ministry will launch next month Egypt’s first exchange for industrial and agricultural commodities, where traders usually buy and…
FRA targeting a total of EGP 16 bn in securitized bond issuances in 2019
The Financial Regulatory Authority (FRA) is targeting a total of EGP 16 bn in securitized bond issuances in 2019, of…
Egypt in talks with int’l financiers to fund railway electromechanical works
The Transport Ministry is in talks with international financiers to fund railway signaling system upgrades for the Giza-Beni Suef and…
Sodic in talks with local banks for EGP 1 bn for east, west Cairo projects
Premier real estate developer Sodic is in talks with Banque Misr and other local banks to acquire a 3-5 year,…
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