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Secondary bond market to be opened to retail investors
The EGX30 rose 0.9% at today’s close on turnover of EGP 749 mn (46.1% below the 90-day average). Foreign investors…
This Carbon Holdings subsidiary is in trouble
Carbon Holdings’ EHC needs to restructure USD 600 mn in debt: Carbon Holdings subsidiary the Egyptian Hydrocarbon Company (EHC) is…
JPMorgan is looking at Egypt
JPMorgan has confirmed that it is studying whether to include Egypt in its emerging-markets government bond index, Reuters reports. In…
USD 200 mn World Bank loan to fight air pollution gets House approval
Greater Cairo could soon see fewer polluting emissions with the help of a USD 200 mn loan from the International…
Finance in Motion arranging USD 75 mn loan to unnamed bank
NBFS players and renewable energy projects could soon be in line for a piece of a USD 75 mn facility…
Egypt on surer fiscal ground + more debt relief agreed + IMF backs wealth tax
IMF upgrades Egypt budget projections in latest outlook: Egypt’s public finances have withstood the test of covid-19 better than previously…
Growing global debt pile could lead to market shock down the line
Central bankers may have righted the ship, but investors are struggling to find returns and diversify their portfolios as stimulus…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
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