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Egypt’s GB Lease completes EGP 767 mn securitized bond issuance
GB Lease has completed a EGP 767 mn securitized bond issuance to improve its short-term liquidity position, according to a…
Government plans to issue zero-coupon bonds in July
EXCLUSIVE- Gov’t set to issue next month its first zero-coupon bonds since 2013: The government is planning to issue in…
Egypt just got its first licensed SME-focused lender
Egypt just got its first licensed SME-focused lender: UK-based development finance institution CDC Group has been granted a license from…
Central bank to subsidize middle-income housing mortgage with EGP 50 bn
The Central Bank of Egypt (CBE) announced on Thursday it will provide EGP 50 bn to reintroduce subsidized mortgages for…
FinMin to set new medium-term economic targets as global macro headwinds build
EXCLUSIVE- FinMin to set new medium-term economic targets as global macro headwinds build: The Finance Ministry is on track to…
What we’re tracking on 02 June 2019
It’s shaping up to be a five-day holiday weekend after cabinet announced over the weekend that Tuesday through Thursday will…
What we’re tracking on 30 May 2019
Good morning, friends, and welcome to the last day of the week — and final Thursday of Ramadan. We’re all…
Elsewedy Electric agrees to EUR 42 mn loan from National Bank of Greece
Elsewedy Electric’s board of directors approved yesterday receiving a EUR 42 mn loan from the National Bank of Greece, according…
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