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Investors want the CBE to extend its tourism sector initiative
Investors are petitioning the Central Bank of Egypt to extend its tourism rescue initiative for investors and businesses operating in…
Valu signs contract with insurance company for auto insurance installment plans
EFG Hermes’ fintech subsidiary Valu has signed a contract with an insurance company to feature its car insurance installment plan…
Inertia, BdC sign EGP 575 loan agreement for construction work
Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters’ Arabic service. The…
Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan
Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger…
Up to 80% of Suez Canal CDs to be reinvested in September: Sources
Up to 80% of Suez Canal CDs to be reinvested in September -sources: A large majority of Suez Canal certificate…
The inverted yield curve: An explainer
There has been a lot of chatter about the inverted yield curve lately: The inverted yield curve is an infamous…
Earnings watch: GB Auto, Egypt Kuwait Holding, Talaat Moustafa Group
EARNINGS WATCH- GB Auto turns net loss in 2Q2019 as competition with zero-tariff EU imports bites: GB Auto posted a…
Egypt’s FRA grants Shuaa short selling license
The Financial Regulatory Authority (FRA) has granted Shuaa Securities a short selling license, Masrawy reported. The growing listof brokerages authorized…
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