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THIS MORNING: PMI lands tomorrow + Feltman hits the road to try and solve GERD;
Good morning, nice people. It’s a brisk news morning, just enough to keep us all grooving after heavy newsflow yesterday…
FinMin will not be selling USD 2-3 bn in eurobonds this month
FACT CHECK- The Finance Ministry has denied a CNBC Arabia report that it is planning a fresh sale of eurobonds…
More FDI, please
Net foreign direct investment is expected to rebound next fiscal year to a near pre-pandemic level, Planning Minister Hala El…
What the markets are doing on 30 May 2021
Global financial asset bubbles could blow up due to rate hikes in emerging economies, an official at China’s banking regulator…
Bechtel could help fund Cairo Metro Line 6 with USD 2 bn loan
Bechtel is said to be arranging financing for Cairo’s sixth metro line: US infrastructure giant Bechtel will reportedly arrange facilities…
The end of times for the USD?
It’s Groundhog Day: There’s talk of the USD’s dominance being under threat as the global reserve currency. We know, we’ve…
Third tranche of JPMorgan railway loan coming soon + NBE seeks USD 1 bn syndicated loan for debt refinance
Egypt could get the third USD 335 mn tranche of a JPMorgan loan to finance the construction of two monorail…
IMF gives initial approval for final tranche of USD 5.2 bn standby loan
Egypt expects to unlock the third and final USD 1.6 bn tranche of its USD 5.2 bn IMF standby loan…
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