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NBE wants to borrow USD 1.5 bn from int’l lenders in 2022
The National Bank of Egypt (NBE) is in the market to borrow USD 1.5 bn from international institutions next year,…
Egypt needs to fix withholding tax calculation to get Euroclearable status
A tax calculation issue could be the reason behind slow progress on Euroclearable debt: An issue in how Egypt calculates…
EFG Hermes Corp-Solutions plans EGP 1 bn bond issuance early 2022
EFG Hermes Corp-Solutions is planning a EGP 1 bn securitized bond sale early next year in early 2022, CEO Talal…
Telecom Egypt secures USD 500 mn loan from international banks
Telecom Egypt has signed a USD 500 mn medium-term loan agreement with a syndicate of 11 international banks, the company…
Fertiglobe could become Abu Dhabi’s third largest listing yet
Fertiglobe could raise as much as USD 830 mn through its IPO on the ADX, after the company said it…
Egyptair gets House backing for FinMin guarantee of EGP 5 bn loan
Egyptair Holding Company will now be able to take out a long term, EGP 5 bn loan from state owned…
Palm Hills board signs off on EGP 1 bn securitized bond issuance
Palm Hills Developments (PHD) will issue EGP 1.1 bn in securitized bonds, after the property developer’s board signed off on…
Sodic obtains EGP 1.57 bn credit facility to finance Sodic West
Upmarket real estate developer Sodic has obtained a EGP 1.57 bn credit facility from the Arab African International Bank and…
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