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Why are Gulf banks targeting Lebanese banks’ Egypt units?
Why are Gulf banks looking to snap up the Lebanese banks leaving Egypt? Egypt’s large population, the low penetration of…
Three men connected to Fairmont case extradited to Egypt
The Public Prosecutor’s Office yesterday ordered the four-day pretrial detention of three Egyptian men alleged to have attacked a woman…
Bank ABC begins due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC starts due diligence on Blom Bank Egypt: The Arab Banking Corporation (ABC) has begun due diligence…
Diplomacy + Foreign Trade on 22 September 2020
Topping diplomatic coverage this morning: Does Turkey want to kiss and make up? Turkey, which has been busy angering the…
Diplomacy + Foreign Trade on 13 September 2020
It was a busy weekend on the diplomatic front: Kenya has reneged on its Comesa trade commitments by introducing tariffs…
Unnamed NBFS firm enters race for Blom Bank Egypt
M&A WATCH- Competition for Blom Bank acquisition could heat up as third potential suitor enters the race: Another foreign financial…
What we’re tracking on 1 September 2020
Welcome to September, ladies and gentlemen, and with it the promise of (slightly) cooler days, a return to school for…
Three suspects in 2014 Fairmont hotel case arrested in Lebanon
Lebanon has arrested three suspects allegedly involved in the [redacted] assault of an 18-year-old woman at the Fairmont hotel in…
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