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Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement
The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing
GlobalCorp closes EGP 2.54 bn securitized bond issuance
GlobalCorp has securitized EGP 5.9 bn of its portfolio since 2021
More EBRD funding in the pipeline
The loan is set to be approved on 12 September
It’s 100 days until COP28. Where does the world stand on climate finance?
Climate finance is gaining traction, albeit slowly
Shoukry talks regional issues with US Secretary of State Blinken
Plus: Conversations about water security with the World Bank and tourism with the South Korea’s ambassador to Egypt
Corporate sukuk issuances made easy
Corporate sukuk issuances can now go ahead without a credit rating
The IFC could hold an EGP-denominated bond issuance to raise funds for investment
The proceeds could be used to make local investments, says cabinet
Cabinet approves fresh loans to support banking industry, fund Abu Qir metro
Ministers greenlight loans for banking sector reform + the Abu Qir metro.
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