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Due diligence on United Bank hasn’t started yet, says CBE
Due diligence will begin by the end of September, central bank says
Updates on stake sales for United Bank, BdC
It’s unclear whether PIF is still interested in United Bank
SODIC + Mashreq earnings more than double in 2Q 2023
SODIC’s bottomline more than doubles in 2Q 2023: Upmarket real estate deve loper SODI C reported net income of EGP…
Mashreq to expand digital platforms in Egypt this year. PLUS: Trouble at Alfa Market, Elsewedy eyes interconnector in Southern Africa
We discussed the lender’s growth strategy with Mashreq Egypt country head and CEO Amr El Bahey this week
SPOTLIGHT- Amr El Bahey, CEO and Egypt country head at Mashreq Bank
El Bahey details the bank’s strategy and gives us his thoughts on SMEs, fintech, and the outlook for the Egyptian…
Mashreq investment bank appoints new tech chief
Mohamed Abdel Hamid Abdel-Razek has 30 years of experience in the tech sector
THIS MORNING: It’s a packed news day coming out of the long weekend
Good morning, wonderful people, and welcome back. We hope our Egypt-based readers made the best of the long weekend and…
Int’l banking syndicate to provide gov’t with USD 2 bn Islamic + ESG loan
A syndicate of 10 regional and international banks are providing the USD 2 bn loan the Madbouly government is raising…
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