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Raya signs off on issuing securitized bonds worth EGP 500 mn
Raya issues securitized bonds worth EGP 500 mn: Raya Holding signed yesterday its first securitized bond issuance for its subsidiaries,…
Banking
e-Finance partners with MasterCard to support government payments
State-owned payments platform e-Finance has signed an agreement with MasterCard to allow government service recipients to pay their fees online,…
What we’re tracking on 29 October 2019
Investors and political leaders are flocking to Riyadh for the third iteration of Saudi’s “Davos in the Desert,” which kicks…
Emirates NBD grants Farm Frites USD 28 mn loan
Emirates NBD is extending a USD 28 mn medium-term loan to American Group subsidiary Farm Frites to finance the company’s…
EFG Hermes closes EGP 169 mn short-term bond sale for Premium International
EFG Hermes have closed a EGP 169 mn short-term bond issuance for Premium International for Credit Services, the local press…
Raya Holding subsidiaries to issue securitized bonds worth EGP 500 mn
Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500…
EIB considers EUR 90 mn loan for Tanta-Damietta railway upgrade
The European Investment Bank (EIB) is looking at extending a EUR 90 mn loan to the government to upgrade the…
Samih Sawiris and seven others to set up EGP 1 bn NBFS firm in Egypt
Samih Sawiris, seven investors plan EGP 1 bn NBFS firm: Samih Sawiris is setting up a EGP 1 bn non-banking…
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