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Hospitality players’ EGP 50 bn subsidized loan program goes live. PLUS: News from Accor, Air Cairo, Somabay
The program was greenlit by the cabinet back in July
Strong reactions to Feathers film at Gouna Film Festival
Egyptian filmmaker Omar El Zohairy’s Cannes decorated Feathers got some play on the airwaves. The attention came after Feathers was…
TONIGHT: Egypt’s annual headline inflation reaches 4.8% in May + Kenya, Uganda and Tanzania seek USD 16 bn for post-covid recovery. ALSO: ECB to set monetary policy today.
It’s a busy news day to wrap up the week, ladies and gents. We have a mix of major macro…
Egypt deepens military, intel ties with upstream countries amid deepening rift with Ethiopia
Egypt and Sudan turned down a proposal by Ethiopia to exchange data from the Grand Ethiopian Renaissance Dam ahead of…
Kudos on 18 March 2021
Finance: Nineteen Kenyan and Ugandan analysts have graduated from CIB’s flagship 10-month credit analysis training program, the bank said in…
Banque du Caire to establish e-payments company
State-owned Banque du Caire will partner with an unnamed foreign investor to launch a plannede-payments company in which it will…
Uganda’s central bank gives Egypt’s BdC green light to buy out Cairo International Bank
M&A WATCH- Ugandan central bank gives BdC green light to buy out Cairo International Bank: The Ugandan central bank has…
Japan, African Union sign investment declaration at Ticad
Japan, African Union sign investment declaration at Ticad: Egypt signed a 13-page declaration with Japan and other African countries to…