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Central Bank of Egypt issues new debt relief initiative for individuals
CBE offers new debt relief initiative for individual borrowers: The Central Bank of Egypt (CBE) on Monday launched a new…
El Sisi approves EUR 53.2 mn financing agreement with IFAD
President Abdel Fattah El Sisi has ratified a EUR 53.2 mn financing agreement with the International Fund for Agricultural Development…
El Sisi reviews draft FY2020-2021 budget
BUDGET WATCH- President Abdel Fattah El Sisi reviewed the FY2020-2021 draft budget with senior cabinet ministers yesterday, an Ittihadiya statement…
AT Lease plans EGP 1 bn securitized bond offering in 3Q
DEBT WATCH- AT Lease plans EGP 1 bn securitized bond offering in 3Q: AT Lease is planning to issue EGP…
Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss
M&A WATCH- Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss: Cement producer Suez…
What we’re tracking on 11 March 2020
PSA- Schools are off tomorrow, but not because of El Corona: Schools and universities are off nationwide on Thursday after…
Egypt in the News on 9 March 2020
A spate of stories focusing on Egypt’s human rights situation have hit the pages of the foreign press: British MPs…
MNHD plans new EGP 2 bn securitized bond offering
DEBT WATCH- MNHD plans new EGP 2 bn securitized bond offering: Madinet Nasr for Housing and Development is considering issuing…
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