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Sarwa Capital’s 4Q profit unchanged, volatility seen in the short term
EARNINGS WATCH- Sarwa Capital’s 4Q profit unchanged, volatility seen in the short term: Structured- and consumer-finance firm Sarwa Capital’s 4Q2018…
MIDOR reaches closure for USD 1.2 bn loan with Zaki Hashem as advisor
Middle East Oil Refinery (Midor) has reached financial close on what is believed to be a USD 2.2 bn-expansion and…
Egypt’s first real estate fund to launch in March
Egypt’s first listed real estate fund to launch in March: The Egyptians Real Estate Fund will be up and running…
El Sisi ratifies new tax treatment for Egyptian banks
LEGISLATION WATCH- El Sisi ratifies new tax treatment for banks: President Abdel Fattah El Sisi has signed off on proposed…
Cabinet ratifies c.EUR 113 mn French funding agreements with Egypt
CABINET WATCH- Cabinet ratifies c.EUR 113 mn French funding agreements: The Moustafa Madbouly Cabinet ratified during its weekly meeting yesterday…
Central Bank of Egypt studies licenses for SME-focused lenders
CBE studies licenses for SME-focused lenders: The Central Bank of Egypt (CBE) is mulling issuing licenses for new institutions specialized…
Egypt closes USD 4 bn eurobond issuance, offering 5x oversubscribed
Egypt closes USD 4 bn eurobond issuance, offering 5x oversubscribed: Egypt successfully issued USD 4 bn USD-denominated eurobonds on Tuesday,…
What we’re tracking on 21 February 2019
Turkey-style migration agreement with the EU takes a step forward next week: The EU-Arab League summit is set to take…
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