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GAFI could ban forex payments between shipping + cargo handling firms
No more USD payments on cargo handling? The Finance Ministry has directed the General Authority for Investments and Freezones to…
Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
Coffee With: Contact Financial Holding CFO Ayman Elsawy
Coffee with Ayman Elsawy, CFO of Contact Financial Holding: Egypt’s debt market has matured at warp speed in recent years,…
We made our Samurai bond debut + PHD closes its EGP 3.25 bn sukuk offering
Egypt successfully closed its maiden Samurai bond issuance, selling USD 500 mn (c.JPY 60 bn) of the JPY-denominated bonds in…
valU to enter Saudi Arabia in 1H2022
EFG Hermes’ consumer finance platform valU will set foot in Saudi Arabia before the end of 1H2022, marking its first…
FAB eyes GB Lease takeover
First Abu Dhabi Bank (FAB) is in advanced talks with GB Auto to acquire 100% of its leasing arm GB…
EFG Hermes signs EGP 600 mn sale and leaseback agreement with LMD
EFG Hermes Corp-Solutions has signed a EGP 600 mn sale and leaseback agreement with real estate developer LMD to finance…
EBRD, Green Growth and Sanad funds all have money for Egypt + more competition in consumer finance
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
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