BANKING

23 Jan 2017

Egypt's Pharos Holding eyes new equity fund launch

Cairo-based investment bank Pharos Holding is planning to launch a new equity fund within the next few months, chairman Mohamed Taymour announced Sunday.

The capital of the new fund will be worth more than 1 billion"...

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22 Jan 2017

IMF to release documents on Egypt’s $12b loan agreement

The International Monetary Fund (IMF) will release in an online conference on Wednesday the staff report and documents related to Egypt’s three-year $12 billion loan agreement.

The online conference, to take place at 5pm Cairo Time, will see the first comprehensive report released by the IMF on the loan agreement with Egypt.

The IMF deal...

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22 Jan 2017

United Bank of Egypt appoints new assistant MD of funding large enterprises, SMEs

The board of United Bank of Egypt has appointed Nevine Kashmiri as the assistant to the managing director of the department for funding large as well as small- and medium-sized enterprises.

According to a statement"...

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