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Bedaya + Al Oula close EGP 1 bn securitized bond sales
Companies have sold EGP 9.6 bn of securitized bonds so far this year.
AFC lines up USD 1 bn+ investment after Egypt becomes paid-up member
Renewables, gas, heavy industry, tech and finance could receive funding.
THIS EVENING: National Paints Holdings ups its offer for Pachin + Africa Finance Corporation plans to invest USD 1 bn in Egypt
Good afternoon, wonderful people. Hump day is definitely a news dump day this week, as plenty of privatization stories are…
Chinese investors are looking at the Sokhna Industrial Zone. PLUS: Jordan electricity link, another Sawiris football acquisition, and more
INVESTMENT- SCZone talks with Chinese investors: A high-level delegation from one of China’s largest industrial areas discussed potential investment in…
Fed policy to stay tighter for longer, says governor
Another sign that the Fed will stay hawkish: Federal Reserve Governor Mary Daly has become the latest official at the…
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
Dubai’s luxury property market is booming
Dubai’s luxury real estate market was the most active in the world for the second year running in 2022 as…
Gov’t to miss deficit, debt targets on higher rates, import bill
Egypt is now predicting a debt level of 93.0% of GDP by June 2023
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