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Egypt’s fresh IMF support packages will help boost investor confidence, portfolio inflows -Fitch
Fresh funding from the IMF will help boost investor confidence in Egypt as portfolio outflows from emerging markets begin to…
What we’re tracking on 17 May 2020
Welcome to the final week of Ramadan, friends — we hope you’re looking forward to the upcoming long weekend as…
The impending EM debt crisis is going to be messy
Emerging markets are facing an impending debt crisis that will be more difficult and “messier” to resolve than previous crises,…
Egypt wants USD 9 bn in funding from IMF + other int’l lenders
Egypt is lining up another USD 9 bn from int’l lenders to plug budget deficit, shore up reserves: The Madbouly…
IMF’s USD 2.8 bn pandemic aid lands in Egypt
IMF’s USD 2.8 bn pandemic aid lands in Cairo: Egypt took receipt of the IMF’s USD 2.8 bn rapid financing…
MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr
Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of…
EMs turn to local debt markets, burn through FX reserves to weather the covid storm
EMs turn to local debt markets, burn through FX reserves to weather the covid storm: Emerging markets are (kind of…
FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry
FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry: The Finance Ministry will guarantee EGP 3…
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