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EFG Hermes closes CIRA’s second future flow issuance
The issuance is part of a larger EGP 2 bn future flow securitized bond program
CBE gets c. USD 1 bn from Chinese Development Bank
The loan will help finance projects agreed upon in the Belt and Road Forum
Our net foreign assets position deteriorated in September
The country’s net foreign assets positions approached record highs in September
MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
Beltone to enter Jordanian market before year end
The Egyptian financial services company will make a USD 20 mn equity investment in Al Wasleh
Analysts split on Egypt interest rate path ahead of central bank meeting
Analysts pointed to rate hikes losing their ability as a policy tool to calm inflation as a reason behind their…
SODIC + Mashreq earnings jump in 9M 2023
Real estate developer SODIC’s net income rose 26% y-o-y to EGP 548 mn in 9M 2023, it said in a…
NBFI players say there’s no bubble about to burst
Our panel of experts discuss consolidation, risk and what’s next for the local NBFI industry
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