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Contact to issue EGP 2.5-3 bn sukuk in 3Q2021
Contact Financial Holding, formerly Sarwa Capital Holding, will issue sukuk worth EGP 2.5-3 bn in 3Q2021 in a bid to…
Middle-income homebuyers are now eligible for shorter mortgage terms
Gov’t cuts minimum mortgage terms in CBE mortgage programs: The minimum term for home mortgages under CBE-supported home lending programs…
THIS MORNING: IMF gives final sign-off on USD 1.6 bn loan tranche; no ATM, transfer fees for the rest of 2021; three-way GERD talks start today; Windows 11 announced today.
Good morning, wonderful people, and welcome to a super-busy news day to end this last full week of June. We’ve…
What will our real estate market look like by 2025?
Is our real estate market in line for a full post-covid recovery? Savills seems to think so: Egypt’s five largest…
EFG, TMG, GB Capital mortgage arm Bedaya plans securitization before 2021 is out
Mortgage provider Bedaya is planning to sell securitized bonds backed by its receivables before the end of the year, EFG…
CIRA in loan talks for new tech uni
Private sector education outfit CIRA is in talks with a syndicate of international banks to obtain financing for its planned…
BdC net income up 20% in 1Q2021
Banque du Caire’s (BdC) net income rose 20% y-o-y in 1Q2021 to EGP 1 bn, up from EGP 838 mn…
More details on that EUR 1.7 bn French financing agreement signed earlier this week
We have a more detailed breakdown on some of the funding agreements to come out of French finance minister Bruno…
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