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What we’re tracking on 09 May 2019
And so it ended. You have (nearly) survived the first business week of Ramadan. An unpopular truth: Ramadan weekends are…
Egypt, World Bank ink final agreement for USD 200 mn SMEs loan
Egypt, World Bank ink final agreement for USD 200 mn SMEs loan: Investment Minister Sahar Nasr and World Bank President…
FinMin gives update on fiscal performance as the IMF arrives in Cairo
FinMin gives update on fiscal performance as the IMF arrives in Cairo: The budget deficit shrank to 5.3% of GDP…
Interest burden on EM governments grows dramatically amid borrowing spree
EM governments face dramatically higher interest burden amid borrowing spree: Interest owed by emerging-market governments has risen dramatically over the…
Egypt sells USD 1 bn of one-year USD-denominated treasury bills
The government sold USD 1 bn worth of USD-denominated treasury bills at an auction on Monday, according to the central…
Egypt to issue USD 1 bn in one-year dollar-denominated bonds tomorrow
Egypt will issue USD 1 bn in one-year dollar-denominated treasury bills tomorrow, the Central Bank of Egypt has said. The…
Global Telecom’s Banglalink agrees on USD 300 mn loan
Global Telecom’s Bangladeshi subsidiary Banglalink has reached an agreement on a USD 300 mn syndicated loan with several international banks,…
Government sets USD 110 bn cap on foreign debt
EXCLUSIVE- The finance and planning ministries have agreed to set a USD 110 bn cap on foreign debt, a figure…
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