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EFG Hermes closes the first securitization for an Egyptian mortgage firm
EFG Hermes has closed an EGP 651.2 mn securitized bond issuance on behalf of mortgage provider Bedaya, it said in…
We’re getting an extra EUR 240 mn from the EU by 2024 + new capital, stage 2
More development funding from the EU: The new five-year strategy we signed with the EU earlier this week will see…
A regulatory overhaul cometh to real estate developers
The Madbouly cabinet imposed a slate of new regulations for real estate players yesterday designed to protect consumers and reduce…
THIS EVENING: Real estate developers face tougher regulations + Europe could turn to coal instead of Russian gas
Happy Monday, friends. It’s shaping up to be another busy news day here at home as the House of Representatives…
Rameda gets its hands on a new molecule
Rameda has acquired a molecule used for treating epilepsy, the pharma company said in a disclosure to the EGX (pdf)…
SODIC seals EGP 600 mn financing agreement with Ahli United Bank
SODIC subsidiary to borrow EGP 600 mn from Ahli United Bank: Ahli United Bank has agreed to provide SODIC subsidiary…
Another gas discovery for British SDX in South Disouq
SDX strikes more gas: UK-based SDX Energy has made its largest gas discovery yet at its South Disouq concession after…
New EU funding for food security headed to silos + agri-SMEs
EU funding to bolster wheat storage capacity, small farmers: The EUR 100 mn in food security funding announced by the…
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