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Planet Finance: Standard Chartered is pulling back from MEA, but still wants to enter Egypt
Standard Chartered plans major exit in MEA markets — but still wants to enter Egypt: Standard Chartered is completely shutting…
AAIL eyes a securitization this year + plans to launch a factoring arm
Arab African International Leasing (AAIL) plans to issue securitized bonds worth EGP 500-600 mn by the end of 2023, Chairman…
THIS MORNING: GASC launches its first tender in weeks + Forbes gives props to Egyptian healthcare players
Good morning, friends, and happy hump day. It’s a brisk day on the news front, but there’s no single theme…
THIS EVENING: The EU could be looking at a Russian oil embargo soon + AAIL plans EGP 500-600 mn securitized bond issuance by 2023
It’s unfortunately only Monday, ladies and gentlemen, but we’re hoping the rest of the week will go by a bit…
Food is more expensive than ever + EM funds brace for a tough year
Global food prices surged to a new all-time high in March as the Russia-Ukraine war battered already inflated commodities and…
UNCTAD trims global economic growth to 2.6% in 2022
UNCTAD trims global economic growth to 2.6% in 2022: The United Nations Conference on Trade and Development (UNCTAD) has revised…
Hassan Allam Properties takes out EGP 1.8 bn loan for West Cairo development
A Hassan Allam Properties subsidiary has secured EGP 1.8 bn in financing from the National Bank of Egypt (NBE) and…
A strong start to the year for sukuk + investors sentiment tanks on high-growth firms
Surging oil prices gave sukuk transactions their best ever start to a year in 2022, Bloomberg reports. Sales of new…
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