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What we’re tracking on 19 October 2020
Good morning, friends, and welcome to a typically slow (but not dull) Monday, which oddly enough is usually the slowest…
Foreign debt is leaving emerging markets more vulnerable to shocks than ever before
Foreign debt is leaving emerging markets more vulnerable to shocks than ever before: Widening private debt, rapid monetary expansion and…
City Edge to issue EGP 600 mn securitized bonds in 2Q2021
DEBT WATCH- City Edge plans to issue EGP 600 mn in securitized bonds in 2Q2021, CEO Mohamed Makkawy told Al…
Who’s in the market for debt? EgyLease + Porto Group
Financial leasing company EgyLease is in talks for an EGP 200 mn loan from the National Bank of Egypt to…
Executive regulations of Egypt’s new NGOs Act expected soon
CABINET WATCH- The final executive regulations of the new NGOs Act should be issued soon after the Madbouly Cabinet gave…
Egypt’s economy to grow at a 3.5% clip in FY2020-2021 -Deutsche Bank
Egypt’s economy could grow at a 3.5% clip this fiscal year, supported by government spending, an expansion in the ICT…
Gov’t finances to see swift recovery from covid hit -IMF
The impact of covid-19 on the Egyptian government’s finances may not be as drastic as previously feared, according to the…
International community must agree on Libor alternative -Al Mashat
The international community must agree on an alternative to Libor before it is phased out by the end of 2021,…
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