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What we’re tracking on 5 June 2020
Good morning, friends. We hope all of you enjoyed the long weekend as much as we did. Only 18 days…
Your top 5 pieces of business and economic news in May
Your top 5 pieces of business and economic news in June: IMF
How 2020 is already the year for Egyptian green bonds
2020 is the year green bonds become real in Egypt: Both the private sector and the government have for long…
What we’re tracking on 1 July 2020
Welcome to the first day of 2H2020, everyone — offering faint hope of a new start after a period in…
Edita’s Morocco arm obtains USD 8.2 mn loan to fund new facility
Edita Food Industries’ Morocco-based subsidiary has acquired a MAD 80 mn (c. USD 8.24 mm) from the Arab Bank’s branch…
Electricity Holding Company seeks EGP 20 bn loan from state-owned, private banks
The Egyptian Electricity Holding Company is in talks with a consortium of undisclosed state-owned and private banks to secure a…
Apicorp issues benchmark USD 750 mn bond
Apicorp issues benchmark USD 750 mn bonds: Multilateral development bank Arab Petroleum Investments Corporation (Apicorp), of which Egypt is a…
Central Bank of Egypt to hedge against loans to larger firms
CBE Credit Guarantee Company will guarantee loans by banks under EGP 100 bn stimulus program: The Central Bank of Egypt…
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