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Hybrid bond issuances at a record high YTD
Firms have issued a record USD 65 bn worth of hybrid bonds so far this year
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls VAT for key industries, and taxes white cement for the…
World Bank greenlights USD 1 bn in concessional financing
The World Bank Group approved USD 1 bn in concessional financing for Egypt under the second phase of its Growth…
FinMin targets EGP tns in new debt as it revises financing gap to EGP 4 tn
The new strategy aims to ease short-term pressure and expand funding sources
Edita secures EGP 500 mn loan to boost production capacity
This comes just weeks after the snackmaker secured EGP 600 mn in financing from Arab Bank Egypt
FinMin caps sovereign guarantees at EGP 560 bn
Good morning, wonderful people. Local banks are lining up to absorb excess EGP liquidity in the market as the currency…
Infinity, XPRS make EV home chargers more affordable
Plus: Mido secures mezzanine debt financing from Vantage Capital
Cairo blocks new F&B licences in its most lucrative districts
Good morning, wonderful people. It’s a busy morning on the macro and energy fronts as the government lines up 40…
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