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Egypt could earmark more funding for covid-19 fight
Egypt’s commitment to insulating the economy from the impact of covid-19 is “open-ended” and could go above the EGP 100…
Gov’t grants 6-month debt, utilities payment holiday for tourism companies, hotels, airlines
CABINET WATCH- The Madbouly Cabinet approved yesterday a six-month debt and utilities payment holiday for tourism companies, hotels and private…
Central Bank of Egypt to scrub 100k individuals, 8k companies scrubbed from i-Score blacklists
CBE clears 8k companies, 100k individuals from i-Score blacklists: The Central Bank of Egypt (CBE) has decided to scrub individuals…
What we’re tracking on 6 April 2020
Egypt’s PMI figures for March are out and, well, they could have been worse. With output at three-year lows and…
An emerging market credit crisis is looming in spite of the Fed’s repo facility
An emerging market credit crisis is looming as an increasing number of countries are struggling to repay their debts amid…
CBE opens EGP 100 bn industry stimulus package to companies of all sizes
CBE opens EGP 100 bn industry stimulus package to companies of all sizes. The Central Bank of Egypt (CBE) has…
STC postpones talks for loan to finance Vodafone Egypt takeover
M&A WATCH- STC postpones talks for loan to finance Vodafone takeover: Saudi Telecom Company (STC) has delayed talks to raise…
EIB approves EUR 90 mn SME credit line to Banque du Caire
The European Investment Bank (EIB) has approved a EUR 90 mn credit line to Banque du Caire for SME loans,…
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