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IMF warns of long, protracted recovery as it eases global recession forecast
IMF warns of long, slow recovery as it eases global recession forecast: The International Monetary Fund (IMF) now sees the…
Last night’s talk shows: IMF’s GDP growth forecast for Egypt + no lockdown plans
The talking heads had plenty to mull yesterday thanks to an active news cycle, but no single story dominated the…
Egypt stock of external debt reaches USD 115 bn in 2019 -World Bank
Egypt’s external debt grew 14.9% in 2019 to USD 115.1, from USD 100.1 bn the previous year, according to the…
Moves: Ahmed Khalil as Raya Holding CEO, Odile Renaud-Basso as EBRD president, Ahmed El Khouly as head of Egypt Post treasury
MOVES- Raya Holding has tapped Ahmed Khalil (LinkedIn) as the group’s CEO and managing director, according to a statement (pdf).…
EIB to commit USD 10 mn to Egypt- and Jordan-focused Badia VC fund
INVESTMENT WATCH- The European Investment Bank (EIB) is planning to commit USD 10 mn in equity to Egypt- and Jordan-focused…
Egypt’s Alexandria Petroleum is going greener with USD 250 mn EBRD loan
DEBT WATCH- Alexandria Petroleum going greener with USD 250 mn EBRD loan: The European Bank for Reconstruction and Development (EBRD)…
What we’re tracking on 11 October 2020
Good morning, friends, and welcome to a new workweek. We hope your long weekend was as relaxing as ours was.…
IFC commits USD 25 mn in Lorax Capital's new SMEs private equity fund
PRIVATE EQUITY WATCH- The International Finance Corporation (IFC) has committed USD 25 mn to Lorax Capital’s SME-focused PE fund, LCP…
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