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Egypt’s cabinet approves USD 500 mn housing facility from the World Bank
CABINET WATCH- Cabinet greenlights USD 500 mn World Bank housing facility extension: The Madbouly Cabinet ratified in its meeting last…
Egypt records 3.8% economic growth for FY2019-2020
The economy grew 3.8% in the state fiscal year that ended on 30 June, despite fallout from the covid-19 pandemic,…
Raya mulls another securitized bond offering, days after EGP 562 mn bond sale
DEBT WATCH- Raya Holding is looking at another potential securitized bond offering around the end of this year or at…
Egypt’s maiden sukuk + green bond sales are in the pipeline as gov’t eyes return to debt diversification strategy
Egypt’s maiden state sukuk + green bond sales are in the pipeline as gov’t eyes return to debt diversification strategy:…
What we’re tracking on 22 July 2020
Good morning, friends, and welcome to the last business day of the week. The nation is sliding into a three-day…
Egypt is among EMs “most vulnerable” to debt default as covid borrowing pressures state finances -FT
Egypt is among the emerging markets “most vulnerable” to debt default as covid borrowing pressures state finances, the FT suggests:…
Raya closes EGP 562 mn securitized bond offering
DEBT WATCH- Raya closes EGP 562 mn securitized bond offering: Raya Holding has closed a four-tranche, EGP 562 mn securitized…
EBRD to invest EGP 1.5 bn in NUCA bond issuance
DEBT WATCH- EBRD to back NUCA bond issuance with EGP 1.5 bn investment: The European Bank for Reconstruction and Development…
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