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GCC to remain among the top emerging market USD debt issuers this year -Fitch
Issuance this year has already reached nearly USD 55 bn
GoBus secures EUR 10.6 mn from the EBRD to expand and electrify fleet
The package will help GoBus finance the purchase of new buses, electric micro-buses, and intra-city vehicles
Kouchouk relays a message of optimism ahead of our IMF reviews
Kouchouk signaled that Egypt is on track to complete its fifth and sixth IMF reviews this fall
Orascom Investment Holding completes its acquisition of Misr for Entertainment Investments
PLUS- China’s Haiyan Ximei will invest USD 10 mn to develop a project to manufacture packaging and printing materials for…
Eni, BP to drill exploratory gas well with USD 70 mn in investments this year
PLUS- Khalda Petroleum kicked off gas production at the new NUT-1 well in its Western Desert concession
Foreign reserves increase to USD 49.3 bn in August
PLUS- Rock Steel wants to set up a new EGP 1.5 bn factory in Beni Suef, producing a specific type…
Al Taamir Leasing and Factoring closes EGP 1.3 bn securitization issuance
The issuance is part of the company’s EGP 5 bn, three-year program
Yields soar amid global bond rout, as concerns mount over the UK and France’s debt
In the UK, the 30-year gilt yield hit 5.72% while French 30-year debt yields are at their highest since 2009
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