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EUR 1 bn Egypt-Sudan railway could get a leg up from Kuwait Fund
The Kuwait Fund for Arab Economic Development could be on board to fund the 900-km railway linking Egypt and Sudan,…
E-invoicing system gains steam with July ‘21 deadline for state entities
The public sector is getting an e-makeover with new requirements to register on the Tax Authority’s electronic invoicing system by…
HDB 9M NP down 4%, Al Ezz Dekheila Steel losses grow
The Housing and Development Bank’s (HDB) consolidated NP fell 3.3% y-o-y in 9M2020, to EGP 1.66 bn from EGP 1.71…
What is it going to take to spur education franchising in Egypt?
What is it going to take to spur education franchising in Egypt? Last week, we looked at how education franchising…
News from around the world on 29 November 2020
Somebody really wants to make something happen in the final days of Trump’s presidency. A prominent Iranian scientist and former…
Also on our radar on 29 November 2020
Green finance is more and more a thing with each passing day. Most recently: The National Bank of Egypt (NBE)…
Who’s in the market for debt? Remco, HD Leasing, El Nasr Auto, Marsa Alam for Tourism Development
Tourism developer Remco and two of its affiliate companies are in talks to obtain a two-tranche EGP 3.3 bn syndicated…
Housing and Development Bank plots entry into digital banking
State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt…
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