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The state goes on the offense to repatriate allocated land plots from investors
The Industrial Development Authority (IDA) is gearing up to repossess industrial land from companies that “aren’t serious” about meeting construction…
Premium Int’l to issue a third securitized bond offering this week
DEBT WATCH- Premium Int’l to issue a third securitized bond offering this week: Consumer finance firm Premium International for Credit…
Amer Group to issue EGP 2 bn corporate sukuk
DEBT WATCH- Amer Group to issue EGP 2 bn corporate sukuk: Amer Group will issue its first corporate sukuk offering…
SFE officially launches financial services sub-fund
INVESTMENT WATCH- SFE officially launches its first sub-fund dedicated to financial services: Planning minister and chairperson of the Sovereign Fund…
Egypt Kuwait Holding raises stake in Delta Insurance to 61.5%
M&A WATCH- Egypt Kuwait Holding (EKH) has raised its stake in Delta Insurance to 61.5% from 56.5% in a EGP…
Inflation to rise to 6.2% in 4Q- Amer
Amer sees slight uptick in inflation in the final quarter of the year: Egypt’s annual inflation rate is expected to…
FAB restarts talks to acquire Bank Audi Egypt -sources
M&A WATCH- FAB revives talks to acquire Bank Audi Egypt: First Abu Dhabi Bank (FAB) is reportedly planning to re-enter…
Chairman of the Egyptian Resorts Company (ERC) Hussein Mohamed Abu Seada leaves group
MOVES- Chairman of the Egyptian Resorts Company (ERC) Hussein MohamedAbu Seada stepped down from his position at the company on…
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