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Hassan Allam in talks with banks to obtain new financing
Our friends at Hassan Allam Holding are in talks with several unnamed banks to obtain financing for various projects under…
NUCA’s EGP 4 bn securitized bond issuance named Africa securitization transaction of the year
The Banker names NUCA’s EGP 4 bn securitized bond issuance as Africa’s securitization transaction of the year: The Banker, a…
World Bank approves USD 50 mn facility for Egypt’s covid-19 emergency response
The World Bank approved yesterday a USD 50 mn fast-track facility to bolster Egypt’s covid-19 emergency response capabilities, according to…
Misr Italia receives EGP 650 mn loan for New Cairo business park
Misr Italia for Urban Development has received a EGP 650 mn joint loan from the National Bank of Egypt (NBE),…
NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company
The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait…
Gov't considers restructuring railway authority’s EGP 250 bn debt pile
Officials are looking at ways to restructure EGP 250 bn in debt owed by the troubled Egyptian Railway Authority (ERA),…
Planning Ministry approves USD 300 mn EBRD loan to build container terminal at Damietta Port
DEBT WATCH- Planning Ministry approves USD 300 mn EBRD loan for Damietta port: The Planning Ministry has given Damietta Port…
Raya plans EGP 640 mn securitized bond sale, CIB to manage offering
DEBT WATCH- Raya plans EGP 640 mn securitized bond sale, CIB to manage offering: Raya Holding is planning a new…
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