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Al Baraka Bank to set up two leasing and factoring companies
Al Baraka Bank wants in on Egypt’s sukuk and factoring markets, with plans to launch two separate companies to issue…
Contact makes first sukuk sale this year
Contact closes its second EGP 2.5 bn sukuk offering: Contact Financial Holding, formerly Sarwa Capital Holding, has closed its second…
Also on our radar on 13 July 2021
Other things we’re keeping an eye on this morning: Abu Dhabi Islamic Bank Egypt will set up a company to…
THIS MORNING: RATP Dev takes over Metro Line 3 today; busy legislative agenda this week; OPEC+ to disappoint oil market?
Good morning, everyone, and welcome to a packed issue to start our holiday-shortened workweek. It’s official: The national holiday in…
Egypt in the News on 13 June 2020
It’s a mixed bag this morning in the foreign press: The Guardian details the list of varied cargo still stuck…
The annual cost of net-zero emissions in developing countries: USD 1 tn
The annual cost of net-zero emissions in developing countries: USD 1 tn. Developing economies will need more than USD 1…
THIS MORNING: Final vote on the sovereign sukuk bill today? Plus: The long road to a global tax agreement, Bezos is going to space.
Good morning, everyone, and welcome to another brisk news morning. What appears to be a continued strong rollout of our…
Sovereign Sukuk Act gets early nod at the House
Sovereign sukuk get early House nod: The House of Representatives has approved “in principle” the long-awaited Sovereign Sukuk Act in…
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