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State Department nods to USD 2.5 bn arms sale to Egypt
US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn)…
My Morning Routine: Mohamed El Feky, founder and CEO of Sympl
Mohamed El Feky, founder and CEO of Sympl: Each week, My Morning Routine looks at how a successful member of…
Green hydrogen roadmap could be in the works
Green hydrogen plan in the works: Egypt will soon sign an agreement with a foreign consultancy to put together a…
GB Leases returns to securitization market with EGP 4.3 bn sale
GB Lease has completed the sale of EGP 4.3 bn of securitized bonds to investors, according to a statement (pdf)…
Ebtikar ups stake in Bee to 99.9% through share swap
Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has…
Arco inks EGP 720 mn financial leasing agreement
Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf…
Currently loading: The world’s largest spinning and weaving factory
Egypt plans to debut “the world’s largest spinning and weaving factory” in Mahalla Al Kobra next year, with trial operations…
Securitized bond market is still red-hot
Palm Hills Development closed on Thursday a four-tranche EGP 1 bn securitized bond issuance, marking the company’s seventh securitized bond…
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