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Egypt could turn to Emirati lenders for up to USD 2.5 bn in financing
Egypt is in talks with regional and international banks to borrow USD 2.5 bn amid mounting economic headwinds, Bloombergreported, citing…
EFG Hermes signs EGP 750 mn sale + leaseback agreement with Marakez
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with real estate developer…
Another USD 10 mn in EBRD funding could be heading NBK Egypt’s way
More love from EBRD to NBK? The National Bank of Kuwait Egypt (NBK Egypt) could get another USD 10 mn…
A strong US jobs report could mean more bad news for emerging markets
The US labor market is still red-hot — and that means the Fed is unlikely to take its foot off…
NBK Egypt could be getting up to USD 40 mn from EBRD to lend to small busineses
Another EBRD loan to NBK Egypt? The European Bank of Reconstruction and Development (EBRD) is considering providing a USD 40…
NUCA plans huge EGP 20 bn securitized bond issuance
NUCA wants to break its securitization record: The New Urban Communities Authority (NUCA) is seeking regulatory approval for a record-breaking…
THIS EVENING: Cement production quotas are sticking around + NUCA could make Egypt’s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.
Happy hump day, wonderful people. It’s a bit of a news dump day here in Omm El Donia, while global…
Maait dials down expectations for IMF loan
Maait shoots down talk of a USD 15 bn IMF loan: “That figure is completely inaccurate,” Finance Minister Mohamed Maait…
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