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Rich nations are not reaching pledge targets in terms of pandemic aid
G20 countries fell short of their USD 100 bn pandemic aid pledge to developing countries: The world’s most advanced economies…
Misr Italia issues EGP 794 mn securitized bond + Raya eyes EGP 2 bn securitization this year
Misr Italia Properties has closed its first EGP 794 mn issuance as part of an EGP 2.5 bn securitization program,…
THIS EVENING: GERD officially starts generating electricity + the debt market is heating up. Plus: House gives its first nod to Capital Markets Act amendments
Good afternoon, wonderful people. It’s shaping up to be a brisk week, if today’s news cycle is any indication. THE…
BdC just got a green lending boost
Banque du Caire is getting USD 30 mn in “tier-two” capital investment under a financing agreement with the Green for…
PHD’s board approves EGP 3.25 bn sukuk sale
Palm Hills Developments (PHD) is taking a EGP 3.25 bn sukuk issuance to market after its board of directors signed…
ValU taps new partnerships in sports, aviation, and education ahead of first cross-border expansion this quarter
EFG Hermes’ fintech platform ValU has teamed up with Al Ahly Sporting Club to offer financing plans on new memberships,…
Egypt signs USD 1.5 bn funding agreement for basic imports with ITFC
The ITFC is lending us another USD 1.5 bn for petroleum + commodities imports: Egypt has signed a fresh USD…
New green, Islamic microfinance products on the menu for 2022
The Financial Regulatory Authority (FRA) could soon issue licenses for green and Islamic microfinance products, FRA’s Deputy Chairman Islam Azzam…
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