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GlobalCorp issues EGP 1.1 bn in securitized bonds
GlobalCorp closed an EGP 1.1 bn issuance of securitized bonds on 29 December, CEO and Managing Director Hatem Samir reportedly…
Misr Italia closes second securitized bond issuance
Misr Italia Properties has closed its second EGP 986 mn securitized bond issuance, transaction advisor EFG Hermes said in a…
2022 was the worst year for stocks and bonds since the financial crash
2022 wiped more than USD 30 tn in value from global stocks and bonds as soaring inflation, rising borrowing costs,…
FRA tightens controls on follow-on lending to SMEs
DEBT- State-owned Assiut National Oil Processing Company (ANOPC) secured a USD 2.9 bn loan to finance its new hydrocracking complex,…
We’re getting more money from JICA for Cairo Metro Line 4
Egypt inks agreement with JICA for second tranche of Cairo Metro loan: The Japanese International Cooperation Agency (JICA) signed an…
FRA eases borrowing limits on home loans
The FRA is easing credit limits for homebuyers: The Financial Regulatory Authority has loosened income requirements for mortgage lenders in…
THIS MORNING: See you next year, folks
And that’s a wrap on 2022, ladies and gents: Today is the final time you’ll hear from us this year.…
Capital markets in 2022: It just wasn’t the year for fresh paper
Let’s just say it outright: 2022 was not a great year for the EGX. Last year, we were cheering the…
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