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Cabinet signs off on four agreements between Egypt and Germany worth EUR 145.9 mn
CABINET WATCH- The Madbouly Cabinet signed off yesterday on four agreements with Germany that Egypt had signed last month worth…
Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt
DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some…
Egypt’s EFG subsidiary is first to issue short-term debt under new FRA framework
DEBT WATCH- EFG Hermes subsidiary to end decade-long dry spell for corporate bond issuances: EFG Hermes subsidiary Hermes Securities Brokerage…
What we’re tracking on 19 December 2019
A little bit of good news before we get underway: The first charter flight to Sharm El Sheikh from the…
Pyramisa to open its Dubai hotel in 1Q2020
Pyramisa Hotels to open its EGP 250 mn Dubai hotel in the first quarter of 2020, Chairman Magdi Azab said,…
Aton secures CAD 300k bridge loan for work in Egypt’s Abu Marawat concession
Canadian mining firm Aton Resources has lined up a CAD 300k bridge loan from Ou Moonrider to finance its work…
Egypt’s private sector activity expected to recover in 2020 amid “favorable” economic environment -EFG
Egypt’s private sector activity expected to recover in 2020 amid “favorable” economic environment -EFG: As Egypt’s economy enters 2020 with…
Is Egypt seeking a Standby Credit Facility from the IMF?
Is Egypt seeking a standby credit facility from the IMF? Egypt’s post-loan agreement with the IMF is could take the…
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