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What we’re tracking on 8 March 2021
Good morning, ladies and gentlemen, and welcome to a pleasantly brisk news day in which no single story driving the…
Central Bank of Egypt approves Misr Iran Bank’s rebranding as MIDBank
The Central Bank of Egypt has approved a request from Misr Iran Development Bank to rebrand as MIDBank, an unnamed…
Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall
Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in…
Al Marasem agrees Sharia-compliant credit facilities worth EGP 1.6 bn for Fifth Square residential project
Al Marasem Development signed contracts for Sharia-compliant revolving credit facilities worth EGP 1.6 bn with a consortium of six banks…
Amr El Garhy appointed non-executive chairman of Misr Iran Development Bank
MOVES- CBE pushing for leadership shakeup in banking sector? The Central Bank of Egypt is actively shaking up the C-suites…
Misr Iran MD resigns
MOVES- Misr Iran Development Bank Managing Director Ahmed Amr Tantawy has reportedly resigned from his position on Monday, sources told…