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Infrastructure 
IFC could lend USD 125 mn for Damietta Port cargo terminal
This is part of a broader USD 455 mn financing package involving the EBRD, the AIIB and other multilateral lenders
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
SCZone to borrow EGP 30 bn to fund green hydrogen infrastructure
Part of the loan will be denominated in USD to finance imported components
valU closes EGP 922 mn securitized bond issuance
The single-tranche issuance has a 12-month tenor and a Prime 1 rating
THIS EVENING: Valu closes sixth securitized bond issuance worth EGP 922.3 mn
Good afternoon, wonderful people, and happy Sunday. We’re kicking off this week on a relatively calm note. THE BIG STORY…
EBRD greenlights USD 20 mn for edible oil firm Afia
The loan will fund raw material imports amid an FX crunch at home and global food insecurity
World Bank appoints new country head for Egypt,Yemen + Djibouti
Stephane Guimbert has worked at the World Bank for 22 years and arrives in Cairo after serving as its operations…
FinMin wants USD 2 bn in new borrowing this year
The ministry is currently working on raising up to USD 1 bn via bond issuances in China and Japan
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