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Tuesday, 13 July 2021

Also on our radar on 13 July 2021

Other things we’re keeping an eye on this morning:

  • Abu Dhabi Islamic Bank Egypt will set up a company to issue corporate sukuk and is expected to receive three requests for offerings after the Eid break, which sources say will come from Palm Hills and Wadi Degla.
  • Banque Misr has formally applied to the Kenyan central bank for a license to open an office in Nairobi.
  • Banque du Caire will launch a digital financing program for micro and small firms in 3Q2021.
  • Three companies will bid for a contract to deepen the Damietta Port in a tender that will be launched “in the coming period.”

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