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TONIGHT: Egypt’s football, handball teams victorious in today’s games. + SWVL to go public? ALSO: US FED meeting comes to close today.
Good afternoon, wonderful people, and welcome to what seems to be the calm before the storm. Not a bad storm,…
Sodic closes EGP 343 mn securitized bond sale
Upmarket developer SODIC has closed a EGP 343 mn securitized bond sale backed by a receivables portfolio of nearly EGP…
FRA approves legislative amendments to set up new database for mortgages
Mortgaged properties yet to be added to the national real estate registry are going to be logged on a new…
Contact makes first sukuk sale this year
Contact closes its second EGP 2.5 bn sukuk offering: Contact Financial Holding, formerly Sarwa Capital Holding, has closed its second…
Egyptian economy to grow 5% this fiscal year -Reuters poll
Egypt will grow at a 5% clip in FY2021-2022, according to a Reuters survey of analysts and economists. The figure…
KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified
The North Sinai cities of Rafah and Bir Al Abd will be getting new water desalination plants, after President Abdel…
EFG Hermes closes fifth securitized bond sale for Premium International
EFG Hermes closes EGP 211 mn securitized bond issuance for Premium International: EFG Hermes has completed the fifth tranche of…
Tech, vocational education get more German funding
The German development bank KfW will provide EUR 41 mn to the Education Ministry over the coming year as part…
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