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GB Auto’s Drive closes first bond issuance
GB Auto’s car finance arm Drive Finance has closed its first EGP 700 mn corporate bond issuance as part of…
Industrial players see disappointing stock performances amid global uncertainty
Global trade disruptions, materials shortages, and inflation drive down industrial stocks: Almost all EGX-listed major industrial companies have seen their…
Earnings watch: Orascom Construction, MNHD, GB Auto
Orascom Construction’s (OC) net income slid 45% in 1Q 2022 due to deepening losses at Besix, according to its earnings…
Karm Solar, EFG Hermes, GB Auto are among Africa’s fastest-growing companies, according to the FT
KUDOS- Karm Solar has been named as one of Africa’s 20 fastest-growing companies in the Financial Times’ inaugural Africa edition…
FAB eyes GB Lease takeover
First Abu Dhabi Bank (FAB) is in advanced talks with GB Auto to acquire 100% of its leasing arm GB…
GB Auto mulls selling a portion of its stake in MNT Investments
GB Capital is mulling a partial sale of its Netherlands-based finance subsidiary MNT Investments, which is majority owned by the…
THIS EVENING: Day 6 of Russia-Ukraine war + GB Auto mulls selling portion of stake in MNT Investments + EBRD’s Mark Bowman is in town for a week-long visit
UKRAINE WATCH- The war in Ukraine is growing deadlier as fighting enters its sixth day, as more than 70 Ukrainian…
Earnings watch: Rameda Pharma, GB Auto and Contact Financial report FY2021 earnings
Tenth of Ramadan for Pharma Industries and Diagnostic Reagents (Rameda) reported an 18.8% increase in net income in 4Q2021 to…
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