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Who’s in the market for debt? Remco, HD Leasing, El Nasr Auto, Marsa Alam for Tourism Development
Tourism developer Remco and two of its affiliate companies are in talks to obtain a two-tranche EGP 3.3 bn syndicated…
Diplomacy + Foreign Trade on 24 November 2020
The French are dominating coverage on the diplomacy front this morning after Orange CEO Stephane Richard met President Abdel Fattah…
EFG Hermes advises on USD 265 mn loan for Orascom Development Egypt
EFG Hermes concluded a seven-year USD 265 mn debt arrangement for Orascom Development Egypt (ODE), the investment bank said in…
Matouk Bassiouny & Hennawy to advise on ODH’s sale of Orascom Housing Communities
APPOINTMENTS- Law firm Matouk Bassiouny & Hennawy has been appointed to advise Orascom Development Holding (ODH) on the sale of…
Earnings: Orascom Construction profits down 6% in 3Q2020
EARNINGS WATCH- Orascom Construction (OC) profits fell 6.2% y-o-y to USD 30.2 mn in 3Q2020 from USD 32.2 mn last…
ODH confirms it is looking to sell stake in Orascom Housing Communities
M&A WATCH- Orascom Development Egypt (ODH) is in talks to sell some or all of its stake in Orascom Housing…
How can SMEs get around expensive office space?
Where’s the market for affordable office space for small and mid-sized businesses? The challenge of finding affordable and licensed office…
A shorter window in which to remit VAT will see tighter credit terms and squeezed cashflows at some businesses
SPOTLIGHT- A shorter window in which to remit VAT will see tighter credit terms and squeezed cashflows at some businesses:…
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