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Sodic subsidiary signs EGP 2.57 bn medium term facility with AAIB
DEBT WATCH- Sodic subsidiary signs EGP 2.57 bn medium term facility with AAIB: Sodic subsidiary Soreal Real Estate Development signed…
Who’s in the market for debt: Rooya + Egypt Kuwait Holding’s Nile Wood
The National Bank of Egypt (NBE) and Egypt Kuwait Holding’s (EKH) Nile Wood have signed a EGP 794 mn loan…
El Sisi ratifies law closing tax loopholes for state debt purchasers
President Abdel Fattah El Sisi has signed into law a bill that closes loopholes that previously provided tax exemptions to…
EgyLease negotiated EGP 400 mn loan with Banque Misr
EgyLease is in talks with Banque Misr for a EGP 400 mn loan to finance the company’s expansion plans, Chairman…
Cabinet greenlights far-reaching changes to Capital Market Act regs
REGULATION WATCH- Changes to MTO rules, how real estate funds operate and guidance on sukuk are highlights of sweeping changes…
Egypt’s credit rating is vulnerable to water risks -Fitch
Egypt’s sovereign credit rating is “particularly” exposed to water stress and drought risks, Fitch Ratings suggests. This comes as water…
Premium Int’l to issue a third securitized bond offering this week
DEBT WATCH- Premium Int’l to issue a third securitized bond offering this week: Consumer finance firm Premium International for Credit…
Your top 5 pieces of business and economic news in August
Your top 5 pieces of business and economic news in August: Egypt’s non-oil private sector contracted at its slowest pace…
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