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Earnings watch: SODIC, Beltone Financial, Naeem Holding, TE, TMG Holding, HDB
EARNINGS WATCH- SODIC’s net profits rose 179% to EGP 468 mn y-o-y in 3Q2020, according to the company’s earnings release…
Housing and Development Bank
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Housing and Development Bank
Who’s in the market for debt? Vetopharm Int’l + EDB
Vetopharm International has obtained a EGP 650 mn syndicated loan from local banks to finance a new production facility in…
NUCA closes EGP 10 bn securitized bond issuance
DEBT WATCH- NUCA closes EGP 10 bn securitized bond offering: The New Urban Communities Authority has closed its three-tranche, EGP…
Housing and Development Bank lands promoting + underwriting license from Egypt’s FRA
Housing and Development Bank lands investment banking license: The Housing and Development Bank has landed a license from the Financial…
Hassan Ghanem reappointed as chairman, managing director of Housing and Development Bank
MOVES- Hassan Ghanem (Linkedin) has been reappointed as chairman and managing director of the Housing and Development Bank for three…
Ashraf Salman appointed as City Edge Chairman, Ahmed Wehashi joins board
MOVES- Ashraf Salman appointed City Edge chairman, Ahmed Wehashi joins board: The City Edge board has approved the appointment of…
Hassan Ghanem appointed City Edge chairman, Amjad Hassanein as CEO
MOVES- Hassan Ghanem (LinkedIn) has been appointed board chairman of City Edge, a week after being named chairman of the…
Five banks launch electronic payment of mortgage installments
Five banks began on Sunday collecting mortgage payments electronically under the Central Bank of Egypt (CBE) and Mortgage Finance Fund’s…
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