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Egypt kicks off marketing for upcoming eurobond issuance
Egypt begins marketing for its triple-tranche USD eurobond issuance, says its receiving subscription requests: Egypt began yesterday marketing its upcoming…
What we’re tracking on 14 November 2019
It’s interest rate day today: The CBE meets today to review interest rates, with five of the six economists we…
Earnings watch: EFG Hermes, Suez Cement, Tourah Cement, Raya Contact Center, AT Lease
EARNINGS WATCH- EFG Hermes’s net profit after tax and minority interest rose 34% to EGP 358 mn in 3Q2019, compared…
FinMin considering new tax breaks to insurance providers
LEGISLATION WATCH- FinMin to make concessions to insurance providers: Insurance providers could receive tax exemptions under draft proposals currently being…
e-Finance to wrap up legal procedures by the end of the year for its planned IPO
IPO WATCH- e-Finance to wrap up legal procedures for IPO by the end of the year, timing still undecided: Payments…
Egypt to offer triple-tranche USD-denominated eurobonds worth at least USD 1.5 bn
Gov’t to offer at least USD 1.5 bn in triple-tranche USD-denominated eurobond issuance: Egypt’s upcoming USD-denominated eurobond issuance will be…
What we’re tracking on 13 November 2019
The launch of Egypt’s sovereign wealth fund (which we now know is called THARAA, or “wealth” in Arabic) again dominates…
GB Auto’s Drive plans a second securitized bond issuance
GB Auto’s consumer finance arm Drive plans to move ahead with its second securitized bond issuance over the next year,…
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