{"id":564663,"date":"2021-02-18T13:54:22","date_gmt":"2021-02-18T13:54:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/"},"modified":"2021-02-18T13:54:22","modified_gmt":"2021-02-18T13:54:22","slug":"credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/","title":{"rendered":"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital"},"content":{"rendered":"

The EGX30 fell 0.3% at today\u2019s close<\/strong> on turnover of EGP 1.3 bn (9.8% below the 90-day average). Local investors were net buyers. The benchmark index is down 1.1% for the week, but up 4.9% year-to-date.<\/p>\n

In the green: <\/strong>Orascom Investment Holding (+4.3%), Abou Kir Fertilizers (+3.3%) and Sidi Kerir Petrochemicals (+3.2%).<\/p>\n

In the red: <\/strong>Orascom Financial Holding ( -6.2%), Palm Hills Development (-3.2%) and ElSewedy Electric (-2.7%).<\/p>\n

MARKET NEWS WORTH KNOWING-<\/strong><\/p>\n

<\/a> Credit Agricole and NBK Egypt plan capital raises this year to meet CBE <\/strong>requirements: <\/strong>Credit Agricole Egypt will hike its capital by mid-September to meet the Central Bank of Egypt\u2019s (CBE) EGP 5 bn minimum capital requirement, which is part of the Banking Act that was passed<\/a> late in 2019, Managing Director Jean Pierre Trinelle told Al Mal<\/a>. Credit Agricole Egypt had increased their authorized capital to EGP 6 bn last March, Trinelle added. Meanwhile, NBK Egypt\u2019s board approved a capital raise of EGP 3.5 bn to comply with the CBE requirement as well as increase the authorized capital from EGP 2.5 bn to EGP 10 bn, according to an EGX filing (pdf)<\/a>.<\/p>\n

EARNINGS WATCH- CI Capital\u2019s net profits fell 12% y-o-y in 2020 to EGP <\/strong>475 mn<\/strong>, with NBFS contributing 90% of the company\u2019s bottom line, according to the company\u2019s earnings release (pdf)<\/a>. Consolidated revenues dipped 10% y-o-y to EGP 2.4 bn, with NBFS activity contributing 84% of the top line. The firm\u2019s total on-balance-sheet financing portfolio grew 10% y-o-y in 2020 to reach EGP 10.3 bn. Commenting on the year\u2019s performance, the report said that CI Capital demonstrated resilient performance in 2020, despite an unprecedented challenging year, fueled by the strong performance of its NBFS platform and solid balance sheet. CI is optimistic that it is in a solid position to capitalize on the ongoing recovery in business activity and capital markets in 2021. <\/strong><\/p>\n

Banque Misr isn\u2019t going to up its offer for CI Capital shares<\/strong>, according to a bulletin out just now from the Financial Regulatory Authority. Trading in CI Capital shares was suspended earlier today amid speculation that Banque Misr intended to change its offer price. Banque Misr will pay EGP 4.70 per share <\/strong>and is seeking to take up to 90% of CI. The financial services firm\u2019s shares closed today at EGP 4.65.<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.3 bn (9.8% below the 90-day average). Local investors were net buyers. The benchmark index is down 1.1% for the week, but up 4.9% year-to-date. In the green: Orascom Investment Holding (+4.3%), Abou Kir Fertilizers (+3.3%) and Sidi Kerir Petrochemicals (+3.2%). In the red: […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7219],"tags":[136,205,409,633,642,3227,806],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564663","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-ci-capital","tag-credit-agricole","tag-earnings-watch","tag-enterprisepm","tag-go-with-the-flow","tag-national-bank-of-kuwait","tag-nbk-egypt","wpautop","entry"],"acf":{"mongo_id":"9b79aca6-f3fc-4d72-860d-577cdb2846b4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[564656],"teaser":"","voice_url":""},"yoast_head":"\nCredit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.3 bn (9.8% below the 90-day average). Local investors were net buyers. The benchmark index is down 1.1% for the week, but up 4.9% year-to-date. In the green: Orascom Investment Holding (+4.3%), Abou Kir Fertilizers (+3.3%) and Sidi Kerir Petrochemicals (+3.2%). In the red: […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-18T13:54:22+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital\",\"datePublished\":\"2021-02-18T13:54:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\"},\"wordCount\":380,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"CI Capital\",\"Credit Agricole\",\"earnings watch\",\"EnterprisePM\",\"Go with the Flow\",\"National Bank of Kuwait\",\"NBK Egypt\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\",\"name\":\"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-02-18T13:54:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/","og_locale":"en_US","og_type":"article","og_title":"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital","og_description":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.3 bn (9.8% below the 90-day average). Local investors were net buyers. The benchmark index is down 1.1% for the week, but up 4.9% year-to-date. In the green: Orascom Investment Holding (+4.3%), Abou Kir Fertilizers (+3.3%) and Sidi Kerir Petrochemicals (+3.2%). In the red: […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-02-18T13:54:22+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital","datePublished":"2021-02-18T13:54:22+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/"},"wordCount":380,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["CI Capital","Credit Agricole","earnings watch","EnterprisePM","Go with the Flow","National Bank of Kuwait","NBK Egypt"],"articleSection":["GO WITH THE FLOW"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/","name":"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-02-18T13:54:22+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/credit-agricole-and-nbk-egypt-plan-capital-raises-it-looks-like-banque-misr-is-upping-its-bid-for-ci-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Credit Agricole and NBK Egypt plan capital raises + it looks like Banque Misr is upping its bid for CI Capital"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":564153,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/earnings-watch-beltone-nbk-egypt-credit-agricole-egypt-gsk-obour-land-arabian-cement\/","url_meta":{"origin":564663,"position":0},"title":"Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1 mn in 2Q2020 and net income of almost EGP 3.8 mn in the first quarter of this year, according to an earnings report (pdf). The company\u2019s revenues reached EGP 95.9\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554577,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/19\/nbk-egypt-board-approves-egx-delisting\/","url_meta":{"origin":564663,"position":1},"title":"NBK Egypt board approves EGX delisting","author":"enterpriseam admin","date":"19 December 2021","format":false,"excerpt":"MARKET NEWS- NBK Egypt\u2019s board has approved plans to voluntarily delist its shares from the EGX, according to a bourse disclosure (pdf). Financial advisor Prime Capital valued the shares at EGP 20.03 and the bank will buy back shares from shareholders who want to sell their stakes. MARKET ROUNDUP-The EGX30\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595632,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/earnings-watch-credit-agricole-eastern-co-ci-capital-mm-group\/","url_meta":{"origin":564663,"position":2},"title":"Earnings watch: Credit Agricole, Eastern Co, CI Capital, MM Group","author":"enterpriseam admin","date":"1 August 2019","format":false,"excerpt":"EARNINGS WATCH- Credit Agricole 1H2019 profits increase 20% y-o-y: Credit Agricole reported a 1H2019 net profit of EGP 1.3 bn, compared to EGP 1.1 bn a year earlier,the lender said in a bourse filing (pdf). Eastern Co turned in a loss in FY2018-2019,reporting a net profit of EGP 3.77 bn,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566879,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/nbk-egypt-mulls-delisting-from-egx\/","url_meta":{"origin":564663,"position":3},"title":"NBK Egypt mulls delisting from EGX","author":"enterpriseam admin","date":"26 July 2021","format":false,"excerpt":"The National Bank of Kuwait (Egypt) is considering delisting from the EGX: The bank\u2019s board of directors will meet on 10 August to discuss whether to call an extraordinary general assembly meeting to weigh in on the matter, according to an EGX statement (pdf). This is based on a request\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564132,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/nbk-egypt-a-step-closer-to-delisting-telecom-egypt-making-bank\/","url_meta":{"origin":564663,"position":4},"title":"NBK Egypt a step closer to delisting, Telecom Egypt making bank","author":"enterpriseam admin","date":"10 August 2021","format":false,"excerpt":"NBK Egypt board agrees to EGX delisting: The board of directors at the National Bank of Kuwait (Egypt) has agreed to voluntarily delist from the EGX, the bank said in a statement (pdf) to the EGX this morning. Prime Capital has been appointed as a financial advisor to value the\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566580,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/28\/go-with-the-flow-on-28-june\/","url_meta":{"origin":564663,"position":5},"title":"Go with the flow on 28 June","author":"enterpriseam admin","date":"28 June 2021","format":false,"excerpt":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.41 bn (11.4% above the 90-day average). Regional investors were net buyers. The index is down 5.3% YTD.In the green: GB Auto (+3.5%), Credit Agricole Egypt (+3.1%) and Abou Kir Fertilizers (+2.5%).In the red: Ezz Steel (-6.0%), Orascom Investment\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=564663"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564663\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/564656"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=564663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=564663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=564663"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=564663"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=564663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}