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NUCA to issue EGP 10 bn securitized bonds in 2H 2019-2020
DEBT WATCH- NUCA moving to issue another EGP 10 bn in securitized bonds to fund new cities: The New Urban…
EFG Hermes, Evercore tapped to lead Central Bank of Egypt’s United Bank sale
M&A WATCH- EFG Hermes, Evercore tapped to lead United Bank sale: The Central Bank of Egypt (CBE) has appointed EFG…
EFG Hermes to arrange EGP 1.5 bn in debt agreements next year
EFG Hermes plans to arrange debt issuances and agreements worth EGP 1-1.5 bn in 2020, co-head of investment banking Mostafa…
Everything you need to know about Egypt’s Investment for Africa Forum 2019
Everything you need to know about Investment for Africa 2019, including agreements worth a combined USD 3 bn: Eleven agreements…
Education Ministry could reverse foreign ownership cap on schools as investors rebel
Education Ministry could reverse foreign ownership cap on schools as investors dig in their heels: Foreign investors who own stakes…
Tharaa will not crowd out private sector -Soliman.
Tharaa wants to engage with — not crowd out — the private sector -Soliman. The CEO of Egypt’s sovereign wealth…
USA’s Exim Bank allocates USD 2 bn in funding for Egypt
US’ Exim Bank allocates USD 2 bn in funding for Egypt: The Export-Import Bank of the US has earmarked USD…
Egypt in the News on 20 November 2019
The government’s reform efforts will be undermined if the military crowds out Egypt’s private sector from the economy, resulting in…
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