CIRA to offer EGP 600m Sukuk in December, with Hermes acting as issuance manager
The sources said that the company is currently completing the offering documents…
RTVC close to obtaining EGP 3.3bn of syndicated loan
The funding will be provided in two tranches, with the first tranche…
FRA expected to approve Sarwa Capital’s sukuk issuance
FRA’s Sharia Supervisory Committee approves sukuk’s compliance with Islamic Sharia last Thursday
Government discusses establishment of new tourism project in Sharm El Sheikh’s Ras Jamila
The two ministries will cooperate with El-Montazah for Tourism and Investment and…
EFG Hermes 18% YoY growth in net profit during Q3 of 2020
Revenues for the quarter came in at EGP 1.4bn, up 21% YoY.…
Prime FinTech to account for 70% of Prime Holding’s business within 3 years: Chairperson
Money market's recovery after coronavirus pandemic will affect Prime Holding's traditional activities…
MNHD targets EGP 6bn in annual sales during 2020
Company plans to securitise receivables of 3,000 units expected to be delivered…
Palm Hills Developments achieves EGP 2.9bn sales in 3Q 2020
Net Profit for the quarter grew 156% y-o-y, reaching EGP 238m, complemented…
Initial audit report had no substantial effect on CIB financial position: Chairperson
Sami stressed that CIB pays great attention to CBE notices regarding compliance…
FRA checks compliance of Sarwa’s new sukuk issuance with Sharia
Issuance to comprise 25m sukuk at nominal price of EGP 100 per…