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NBE eyes equity stake in new Scatec power-and-storage project
Plus: Green Tech Egypt shelves USD 140 mn waste-to-energy plant, says tariff still too low
Proposed US clampdown on BM’s UAE branches will have limited impact on the bank’s credit rating, Fitch says
Good morning, friends. We are kicking off the new week with interesting twists — no change in rates, but the…
NBE gets preliminary nod from CBUAE to acquire Banque Misr’s UAE branches
Good morning, ladies and gents. Three stories we’re unpacking today: InstaPay is getting a Pan-African link, the IMF said Egypt’s…
AfDB and Italy’s CDP commit USD 35 mn to RMBV’s North Africa Fund III
Plus: Target Holding is awaiting FRA approval to acquire debt collector Taswia to expand its NBFI footprint
NBE acquires 20% of Egyptian Alliance for Education in broader equity pivot
The state-owned commercial bank is securing direct equity stakes across high-growth private sectors
NBE invests EGP 250 mn in new education platform targeting 100 schools in 27 governorates
Good afternoon, friends, and kudos to you for making it to the weekend. It’s been a busy week both at…
MNT-Halan hits USD 1.4 bn valuation following Al Ahly Capital-led funding round
The National Bank of Egypt’s investment arm is taking an undisclosed stake in the fintech unicorn, marking the first time…
NBE buys 20% of Scatec's USD 600 mn Obelisk solar project
NBE’s entry brings Scatec’s economic interest down to 40%, though the Norwegian developer retains majority control
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