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Egypt secures USD 2 bn loan from int’l banking consortium
Egypt has closed a USD 2 bn financing package with regional and international banks to plug budget shortfalls resulting from…
What we’re tracking on 1 September 2020
Welcome to September, ladies and gentlemen, and with it the promise of (slightly) cooler days, a return to school for…
Naguib Sawiris-owned Ora looks to debt market to finance projects
DEBT WATCH- Naguib Sawiris’ Ora Developers is looking to issue bonds and take out more loans to finance its real…
CIB, MNHD sign EGP 1.1 bn syndicated loan agreement
Our friends at CIB will be leading a consortium to arrange a EGP 1.1 bn syndicated loan for Madinet Nasr…
The Planning Ministry likes what the int’l Egypt-watchers have to say on the EGP, foreign reserves
The Planning Ministry likes what the int’l Egypt-watchers have to say on the EGP, foreign reserves: The Planning Ministry is…
Egypt to launch new “comprehensive system” to support day laborers
The government will roll out a “comprehensive system” to support seasonal and day laborers by the end of the year…
What we’re tracking on Sunday, 29 August 2020
Good morning, friends — can you believe it is almost September? Our favourite month of the year gets underway on…
EFG’s valU, Al Futtaim to provide no-interest payments to Egypt’s shoppers
EFG Hermes’ fintech arm valU has signed an agreement with Al Futtaim Group to offer six-month no-interest installment plans to…
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