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More financing for SMEs + green projects
AUB is getting USD 82 mn to on-lend to SMEs + green projects: Ahli United Bank Egypt (AUB) will receive…
Orange + GIZ open up digital skill center; Uber partners with Paymob
A handful of things we’re keeping an eye on this morning: State-owned Cotton and Textile Industry Holding Company will sign…
EFG Hermes subsidiary closes third tranche of its bond program
Hermes Securities Brokerage (HSB) has closed a EGP 550 mn securitized bond issuance managed by EFG Hermes, according to a…
Gulf banking syndicate disburses USD 3 bn loan to Egypt gov’t
The Gulf banking syndicate that agreed last month to lend USD 3 bn to the Egyptian government has disbursed the…
Securitized bond market is still red-hot
Palm Hills Development closed on Thursday a four-tranche EGP 1 bn securitized bond issuance, marking the company’s seventh securitized bond…
NBE in talks for USD 600 mn facility
State-owned National Bank of Egypt (NBE) is in talks with an Asian development bank to borrow more than USD 600…
GB Lease gears up for new securitized bond issuance
GB Auto’s financial leasing arm, GB Lease, is planning to take a multi-tranche EGP 1.6 bn securitized bond issuance to…
Shut up and take my money
Have another USD 1 bn: Egypt may be taking out a bigger bank loan than previously disclosed thanks to heavy…
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