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The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19. Commercial…
Egypt’s House gives early nod to law to regulate waste management + more laws
LEGISLATION WATCH- House gives early nod to draft law to regulate, encourage investment in waste management: The House of Representatives…
Egypt: consumers can now take out debt to finance insurance, sporting club memberships
REGULATION WATCH- Consumers can now take out debt to finance sporting club memberships, insurance policies: The Financial Regulatory Authority (FRA)…
El Sisi ratifies EGP 80 bn overdraft for Egypt’s FY2019-2020 budget
President Abdel Fattah El Sisi has ratified a EGP 80 bn overdraft for the FY 2019-2020 state budget approved by…
EBRD to extend USD 100 mn for covid-impacted SMEs in Egypt
DEBT WATCH- EBRD to extend USD 100 mn for covid-hit SMEs through Banque Misr: The European Bank for Reconstruction and…
Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya
Fawaz AlHokair Group’s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to…
IMF releases staff report on pandemic aid to Egypt
The IMF report card that supported Egypt’s pandemic aid package is now out: The International Monetary Finance (IMF) released on…
UK’s CDC Group taps Sherine Shohdy as Egypt coverage director; Bassam Fayed appointed assistant tourism minister
MOVES- The UK’s CDC Group has appointed Sherine Shohdy (LinkedIn) as its new coverage director in Egypt, establishing a “permanent…
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