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Egypt is pressing pause on USD-denominated eurobond issuances for the remainder of FY2019-2020
EXCLUSIVE- The government is pressing pause on USD-denominated eurobond issuances for the remainder of the current fiscal year and will…
FX debt pushes EM debt to record USD 72.5 tn in 3Q2019 -IIF
Foreign debt pushes EM debt to record USD 72.5 tn in 3Q2019: Total emerging market debt — including that of…
FMCG manufacturer talks making it in a highly competitive and troubled industry
Have no fear, your favorite podcast is here: Making It is back for its first episode in 2020, featuring a…
Regional PE firm AfricInvest acquires 40% in Masria Cards
M&A WATCH- Regional PE outfit AfricInvest acquires 40% in Masria Cards: Private equity firm AfricInvest has closed a transaction acquiring…
Egypt’s currency to appreciate to 15.35 / USD by end of 2020 -Societe Generale
The EGP is expected to appreciate 3.7% by the end of the year to trade at EGP 15.35 per USD,…
EGPC borrows USD 500 mn from Afrexim, NBE to finance crude imports
The Egyptian General Petroleum Corporation (EGPC) will borrow USD 500 mn from the African Export-Import Bank (Afrexim) and the National…
MENA businesses report performance slowdown, fueled by skill shortage and digitalization -PwC
MENA businesses report performance slowdown, fueled by skill shortage and digitalization -PwC: Private businesses in the MENA region have been…
Get House approval before making subsidies changes, Abdel Aal tells gov’t
Abdel Aal reminds gov’t switching to cash food subsidies needs House approval: The Supply Ministry’s plans must earn a stamp…
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