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New 27% CDs bring in EGP 11 bn on day one
The two banks introduced the record-high yield CDs over the weekend
Tamweel sells securitized bonds worth EGP 1.7 bn
The issuance is the third of a EGP 4 bn program
EBRD approves USD 100 mn loan to NBE
Half of the proceeds will go into financing women and youth-led businesses
Soda ash cash
The government’s soda ash project is still a go: The state-ownedcompany leading a project to build a soda ash complex…
EBRD delivers on UMC’s USD 50 mn loan, mulls two loans to aiBank
The lender is weighing two loans to aiBank worth USD 35 mn for on-lending to agribusiness and green projects
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
NUCA closes second EGP 15 bn securitized bond issuance this year
NUCA keeps its spot as the biggest player in the local securitization market
ASCOM acquires stake in Canadian gold producer. PLUS: News from Gold Era and NBE
ASCOM’s APM Investment Holding has sold its 35% stake in Kurmuk Gold Project
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