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Sovereign bond sales are on the up — and Egypt could be the biggest issuer in the region in 2022
Global sovereign bond sales will hit USD 10.4 tn this year, almost a third above the pre-covid average, S&P Global…
More financing for SMEs + green projects
AUB is getting USD 82 mn to on-lend to SMEs + green projects: Ahli United Bank Egypt (AUB) will receive…
Telecom Egypt secures USD 500 mn loan from international banks
Telecom Egypt has signed a USD 500 mn medium-term loan agreement with a syndicate of 11 international banks, the company…
Lighthouse Education weeks away from EGP 500 mn first close
Education investment fund Lighthouse Education is only weeks away from its first close of EGP 500 mn, Lighthouse Managing Director…
More help is on the way for SMEs, courtesy of Afreximbank
Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing…
State banks eye stakes in new futures exchange ahead of potential listing
The National Bank of Egypt, Banque Misr, Banque du Caire, and United Bank are reportedly interested in a piece of…
United Bank likes the digital banking space
United Bank is looking to acquire a controlling stake in an unnamed e-payments company, and is currently in negotiations over…
Sarwa sukuk sets record as biggest yet + first for an NBFS player
Egypt now has a sukuk issuance by a non-banking financial services player under its belt after Sarwa Capital closed its…
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