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Moody’s strips US of last AAA credit rating on rising debt concerns
The US is no longer AAA-rated by any of the Big Three agencies for the first time in history
AAIB inked EGP 150 mn financing agreement with MSMEDA
DEVELOPMENT FINANCE- AAIB backs SMEs in Egypt via EGP 150 mn facility: The Arab African International Bank (AAIB) inked a…
Jameel Finance raises EGP 500 mn in securitized bond issuance
The issuance is part of a wider EGP 4 bn program
FinMin could complete a sovereign sukuk issuance as early as this month
The government has already held promotional meetings with investors
iSupply lines up USD 3 mn in financing from Bokra
The firm will use the fresh capital to scale up its local operations
Hassan Allam Construction lines up EGP 2.8 bn in maiden musharaka sukuk sale
Proceeds will finance Hassan Allam Construction’s Bab Misr project
Tasaheel closes Egypt’s largest-ever corporate bond issuance
The bond was split into two tranches, and will serve to boost the microfinance player’s lending capacity.
GCC share of emerging market USD debt climbs to 35% in 1Q -Fitch
The total GCC debt market crossed USD 1 tn by the end of March
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