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Afdal Naguib appointed interim chairman of SAIB Egypt
SAIB replaces El Kholy: SAIB Bank has tapped Afdal El Sayed Naguib to lead the bank on an interim basis…
Eagle Hills signs up Hassan Allam to work on new North Coast development. PLUS: New anti-money laundering regs + news from Madinet Masr, Misr Life Insurance and SAIB.
Orascom Construction is also working on the project under a contract signed last week
KHarafi National lands EGP 1.2 bn syndicated loan
A syndicate of banks led by SAIB have agreed to lend Kharafi National for Infrastructure Projects EGP 1.2 bn, the…
Also on our Radar on 25 March 2021
Legislation that would impose harsher penalties for FGM earned approval (somewhat begrudgingly) from the House Legislative Committee yesterday, after the…
Egypt’s CI’s asset management arm to manage SAIB-ADIB EGP 30 mn fund
CI Capital’s asset management arm was awarded a contract to manage a EGP 30 mn fund jointly set up by…