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NUCA eyes EGP 260 bn sukuk issuance in 2024
NUCA’s issuance would be the first of its kind from a government entity
At least six state-owned banks rumored to be in line for leadership reshuffle
The National Bank of Egypt, Banque Misr, Banque du Caire, AAIB, EBank, and Suez Canal Bank could soon be under…
Admaius inks strategic partnership with local pharma player. PLUS: News from Madinet Masr, ACDIMA, Social Housing Fund
Matouk Bassiouny advised Admaius Capital on the transaction and Zilla Capital was the sole financial advisor to Parkville
Moody’s upgrades five local banks’ credit rating outlook to positive
Moody’s cited the FX liquidity from the Ras El Hekma agreement in addition to recent reforms
THIS EVENING: Customers sold c.EGP 765 mn in FX at Al Ahly Exchange and Misr Exchange
Good afternoon, folks, and happy hump day. Even with Ramadan, the news cycle hasn’t slowed down and is still going…
Banks trade USD 1.9 bn in two days
The EGP lost almost 37% of its value against the greenback after the float
Banks roll out high interest rate CDs, ease currency controls on credit cards
The parallel market is “on its way to disappearing completely,” Banque Misr Chairman Mohamed El Etreby said
NBE and Banque Misr to exit Alexandria Mineral Oils Company?
Good morning, folks. We’ve got a packed issue for you today with news that Telecom Egypt is partnering up with…
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