Featured Egypt’s e-finance says it would be offered in IPO year-end Amwal Al Ghad English Sep 10, 2019 0 Egypt's financial institutions operation company e-Finance said it would be offered in an initial public offering…
Money Misr Life Insurance clinches cover deal with 4 Egyptian microfinance companies Eslam Abdelhameed Sep 2, 2019 0 Egypt’s state-run Misr Life Insurance says it has signed insurance policy agreements with four local microfinance…
Money Saudi Fawaz Alhokair arm inks $91mn facility to develop its Egyptian project Maha Essam Sep 1, 2019 0 Marakez for Real Estate Investment, the Egyptian arm of Saudi conglomerate Fawaz Alhokair, is has signed a loan…
Featured Egypt’s e-Finance recruits ZH&P for 2020 IPO Gehad Abdelghany Jul 30, 2019 0 Egypt's financial institutions operation company e-Finance has appointed local law firm Zaki Hashem & Partners…
Money $200bn pumped into Egypt’s banking sector since 2016: Amer Amwal Al Ghad English Jun 18, 2019 0 Central Bank of Egypt (CBE) Governor Tarek Amer said that $200 billion have been injected into the Egyptian banking…
Money US investment fund likely to buy Egypt’s United Bank in 3 months: Amer nada nasser Apr 30, 2019 0 U.S. investment fund is expected to buy the United Bank of Egypt within three months, governor of the Central Bank…
Money Egypt wins two seats on Union of Arab Banks’ board Amwal Al Ghad English Apr 24, 2019 0 Egypt has won two seats on the Union of Arab Banks’ (UAB) new board of directors from 2019 until 2022.
Featured Moody’s upgrades ratings of five Egyptian banks: report Amwal Al Ghad English Apr 24, 2019 0 Moody's Investors Service upgraded the long-term local-currency deposit ratings of five Egyptian banks, according…
Featured Egypt’s Chemical Holding to open KIMA 2 in Aswan next July Amwal Al Ghad English Apr 9, 2019 0 Egypt’s Chemical Industries Holding Company (CIHC) plans to inaugurate KIMA 2 project in Upper Egyptian governorate…
Banks Samcrete Egypt signs $180 mln deal with 6 banks Ahmed Ali Mar 30, 2019 0 Samcrete Egypt Engineers and Contractors has signed a short-term financing deal worth 3.1 billion pounds ($180…