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Earnings Watch: Orascom Development Egypt, Rameda, Fawry, B Investments, Raya, Beltone, ADIB, Oriental Weavers, GSK
EARNINGS WATCH- Rameda Pharma reported 54% bottom line growth in 2Q2020, with net profits rising to EGP 19.9 mn from…
BariQ to issue EUR 40 mn green bonds by early 2021
Raya’s BariQ is looking to take a EUR 40 mn green bond to market by early 2021 to finance the…
Raya mulls another securitized bond offering, days after EGP 562 mn bond sale
DEBT WATCH- Raya Holding is looking at another potential securitized bond offering around the end of this year or at…
Raya board gives NBE preliminary approval for Aman minority stake purchase
M&A WATCH- Raya board gives initial nod to sale of minority stake in Aman to NBE: Raya Holding’s board of…
Raya closes EGP 562 mn securitized bond offering
DEBT WATCH- Raya closes EGP 562 mn securitized bond offering: Raya Holding has closed a four-tranche, EGP 562 mn securitized…
NBE submits offer for minority stake in Aman Holding
M&A WATCH- NBE makes offer for minority stake in Raya’s Aman Holding: The National Bank of Egypt (NBE) has submitted…
Court postpones ruling on Raya dispute as founder Medhat Khalil seeks settlement
DISPUTE WATCH- Court postpones ruling on Raya-FRA dispute as founder Medhat Khalil seeks settlement: The Cairo Economic Court has postponed…
Seven would-be consumer finance companies want to enter the increasingly crowded industry
Seven consumer finance companies have license applications in with the FRA to formally join an increasingly crowded industry, Al Mal…
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