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Infrastructure 
Al Marasem reportedly seeking EGP 700 mn facility for New Cairo hospital, medical labs
Al Marasem International Development is reportedly in the market for EGP 700 mn to finance part of a planned EGP…
Hassan Allam in talks with banks to obtain new financing
Our friends at Hassan Allam Holding are in talks with several unnamed banks to obtain financing for various projects under…
NUCA’s EGP 4 bn securitized bond issuance named Africa securitization transaction of the year
The Banker names NUCA’s EGP 4 bn securitized bond issuance as Africa’s securitization transaction of the year: The Banker, a…
EGP eases to three-month lows against the greenback
EGP WATCH- EGP eases to three-month lows against the greenback: The EGP dipped yesterday to its lowest level against the…
World Bank approves USD 50 mn facility for Egypt’s covid-19 emergency response
The World Bank approved yesterday a USD 50 mn fast-track facility to bolster Egypt’s covid-19 emergency response capabilities, according to…
FAB places Bank Audi Egypt acquisition on ice
M&A WATCH- First Bank of Abu Dhabi (FAB) has put on ice its plan to acquire Bank Audi’s Egypt assets…
Misr Italia receives EGP 650 mn loan for New Cairo business park
Misr Italia for Urban Development has received a EGP 650 mn joint loan from the National Bank of Egypt (NBE),…
NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company
The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait…
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