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Infrastructure 
Palm Hills signs EGP 365 mn loan with BM, AAIB to finance Hacienda Bay
Real estate developer Palm Hills Developments has signed a EGP 365 mn loan agreement with Banque Misr and the Arab…
Qasatli, EFG Hermes sign contract to issue EGP 1.8 bn securitized bonds for Amer’s Porto and Mansour groups
EFG Hermes and newly set-up mortgage finance company Qasatli have signed an agreement to issue EGP 1.8 bn-worth of five-year…
In line with consensus, Central Bank of Egypt leaves rates on hold in June meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt left interest rates unchanged for the…
IMF gives final nod on USD 5.2 bn in funding to Egypt
The IMF has approved a one-year USD 5.2 bn standby loan for Egypt, helping the country plug a balance of…
EM central bankers starting to become fond of quantitative easing policies
Nearly a dozen emerging-market central banks are starting to become fond of quantitative easing, a practice traditionally limited to the…
Egypt looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute
DISPUTE WATCH- Gov’t looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute: The Holding Company for…
EBRD confirms it’s lending the National Bank of Egypt USD 100 mn for SMEs
EBRD confirms it’s lending the National Bank of Egypt USD 100 mn for SMEs: The European Bank for Reconstruction and…
AFD’s Proparco provides USD 20 mn finance facility to T&C Garments
DEBT WATCH- Proparco has extended a USD 20 mn finance facility to T&C Garments, an Egyptian-Turkish JV specialized in manufacturing…
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