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Is ‘Japanification’ going global?
Is ‘Japanification’ going global? Economists are becoming increasingly concerned that the hallmarks of so-called ‘Japanification’ are spreading around the world,…
Egypt revisits possibility of issuing EGP-denominated bonds on the back of currency appreciation
EXCLUSIVE- EGP-denominated int’l bond issuance could be back on the table: The Finance Ministry is revisiting previously shelved plans to…
What we’re tracking on 27 August 2019
Good morning, friends, and welcome to yet another slow news day. We have coverage of the final day of the…
Banque du Caire in negotiations to increase loan to USD 100 mn
Banque du Caire (BdC) is in talks with an unnamed Arab financing institution to increase a USD 50 mn loan…
Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall
Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in…
Global slowdown could hit economic growth -sources
EXCLUSIVE- Global slowdown could hit economic growth -sources: The Finance Ministry could revise down its growth projections to 6% from…
What we’re tracking on 22 August 2019
Today’s the day, ladies and gents: The Central Bank of Egypt’s Monetary Policy Committee meets later today to decide on…
Inertia, BdC sign EGP 575 loan agreement for construction work
Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters’ Arabic service. The…
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