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Palm Hills closes EGP 1.25 bn securitized bond sale + more corporate sukuk issuance on the way
Palm Hills (PHD) has closed a triple-tranche EGP 1.25 bn securitized bond issuance, in a transaction handled by CI Capital…
News from around the world on 29 November 2020
Somebody really wants to make something happen in the final days of Trump’s presidency. A prominent Iranian scientist and former…
Also on our radar on 29 November 2020
Green finance is more and more a thing with each passing day. Most recently: The National Bank of Egypt (NBE)…
Diplomacy + Foreign Trade on 23 November 2020
The big news in diplomacy yesterday: The French Development Agency has committed to providing a EUR 50 mn loan to…
Diplomacy + Foreign Trade on Sunday, 22 November 2020
Headlining diplomacy news this morning: Sudan boycotts “useless” GERD talks: Sudan walked away from negotiations over the Grand Ethiopian Renaissance…
Gov’t revises FY2020/21 GDP forecast upwards to 3.8%
Gov’t GDP forecast revised upwards:The government expects the economy to grow at a 3.5-3.8% clip in the current fiscal year,…
IMF gives initial approval to second tranche of USD 5.2 bn standby loan
Egypt is on track to receive the second tranche of its USD 5.2 bn IMF standby loan after it reached…
Last Night’s Talk Shows on 22 November 2020
Finance Minister Mohamed Maait headlined the talk shows last night, dropping into Ala Mas’ouleety to discuss the IMF’s review of…
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