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Lending by banks’ NBFI arms to count toward single obligor limits
REGULATION WATCH- CBE issues new regs to reduce bank lending risks: Restrictions placed on bank lending to corporate borrowers will…
New USD 500 mn World Bank facility to help Egypt cut pollution?
New USD 500 mn World Bank facility to help Egypt cut pollution? Investment Minister Sahar Nasr met yesterday with World…
FAB - Egypt to appoint Mohamed Abbas Fayed as CEO
MOVES- Mohamed Abbas Fayed is set to assume his position as CEO of First Abu Dhabi Bank – Egypt (FAB)…
Egypt was the fifth fastest-growing nation brand in the world in 2019
Egypt rose five places to #49 on Brand Finance’s 2019 Nations Brand report, making us the fifth fastest-growing national brand…
Halan seeks Series B funding for B2B and B2C expansion
STARTUP WATCH- Halan seeks Series B funding for B2B and B2C expansion: Cairo-based tuk-tuk and motorcycle ride-hailing startup Halan is…
South African MNO Helios Towers debuts shares on LSE in USD 250 mn IPO
South African mobile network operator Helios Towers debuted its shares on the London Stock Exchange yesterday, with the IPO reeling…
Zohr natgas output to surpass 3 bcf/d this month
Zohr natgas production to exceed 3 bcf/d this month: Production from the 13 wells at the giant Zohr natural gas…
Egypt’s House committee moves to ensure new customs law fulfills its promise
LEGISLATION WATCH- House committee to consult on speeding up customs clearance: The House of Representatives’ Budget Committee will consult with…
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