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THIS EVENING: Edita could be getting a USD 30 mn IFC loan this month
Happy hump day, ladies and gentlemen. It’s a reasonably busy news day as we kick off a fresh month, which…
Citigroup is gearing up for a new run of Gulf IPOs in the coming months
“The pipeline is solid, it’s promising for post the summer and 2024”
Aman Financial Services issues securitized bonds, GlobalCorp plans new issuance
New issuances are up more than 2x on last year in EGP terms
Arab Monetary Fund lends us USD 616 mn
The loan will support payments infrastructure, financial inclusion and regulation
Singapore chemicals firm eyes Egypt. PLUS: EgyptAlum, valU and a USAID-backed entrepreneurship initiative
The company signed an MoU with the Sovereign Fund of Egypt yesterday
IMF sees lower growth, sharply higher inflation in Egypt next year
The Fund expects growth to slow to 3.7% this year
Sudan ceasefire talks fail again
The conflict has now displaced more than 3 mn people since it started in April
e-Finance mulls digital bank license. PLUS: Canada to provide CAD 10 mn loan to bolster Egypt’s food security
The central bank last week issued updated licensing rules for digital banks
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