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EGX sell-off continues amid protest fears
Shares on the Egyptian Exchange slid again yesterday as investors and the business community alike continued to wrestle with the…
New Urban Communities Authority prepares EGP 10 bn securitization process
The New Urban Communities Authority (NUCA) will issue another EGP 10 bn in securitized bonds before the end of 2019,…
The specter of a global recession makes the very wealthy extra risk averse
The specter of a global recession makes the very wealthy extra risk-averse: As the Bank of America's global fund manager…
Egypt to tap int’l banks to manage USD 2.5-3 bn eurobond issuance within three weeks
Gov’t to begin talks with banks over USD 2.5-3 bn eurobond issuance within three weeks: The Finance Ministry expects to…
Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year
Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity…
Egypt, World Bank sign USD 500 mn facility extending social safety program
In other news from international financiers: Egypt, World Bank sign USD 500 mn facility to extend social safety net: Investment…
FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait
FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait: The Finance Ministry has disbursed over the past few…
Egypt to issue up to USD 7 bn in int’l bonds in FY2019-2020 -Maait
The Finance Ministry plans to issue USD 3-7 bn in international bonds during FY2019-2020, Finance Minister Mohamed Maait said on…
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