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Infrastructure 
EBRD cuts Egypt growth outlook for 2024
The bank cuts its Egypt growth forecast for 2024 by 0.7 percentage points
Elections start in December of this year + We had several debt transactions in several industries
Good morning, wonderful people, and welcome to the first of two consecutive long weekends. We’re preparing to bid September farewell…
The road to the IMF review
The election is complicating the review, and is leaving little time for it to be completed before next year
Kandil Steel borrows USD 25 mn from IFC amid industry headwinds
The money will help the company pay for raw materials and maintain production amid the FX crunch and soaring inflation
It’s day two of the Asian Infrastructure Investment Bank’s annual board meeting in Sharm
Good morning, friends, and happy Tuesday. We have a lot of stuff to get through this morning, so we’re going…
EBRD commits EUR 30 mn to Mediterrania Capital Partners midcap fund
The impact investor’s MC IV fund will target mid-cap firms in Egypt, Morocco and Tunisia, as well as sub-Saharan Africa
Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir
The government now expects investment to be up to 60% higher than in the previous fiscal year
AIIB has a pipeline north of USD 1 bn for Egypt, including backing our maiden panda bond –Kouchouk
We spoke with Kouchouk, who also leads constituency six at the AIIB, ahead of the multilateral lender’s annual meeting tomorrow…
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