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Our debt may not become Euroclearable until 2022 + S&P says foreign holdings hit new record high
Our debt may not become Euroclearable until 2022: The Finance Ministry will likely miss its target of making local Egyptian…
MNT-Halan announces blockbuster USD 120 mn fintech round
MNT-Halan has closed what we believe is the largest fintech round ever to take place in MENA, raising c. USD…
IFC to support BCI Holding with USD 30 mn loan
Plastics raw material manufacturer BCI Holding will expand its production facility in Egypt through a USD 30 mn loan from…
Egyptian, Norwegian FMs discuss investment, Palestinian aid
Palestine, investment focus of Egypt-Norway talks: Foreign Minister Sameh Shoukry discussed the Israel-Palestine conflict and bilateral investment with his Norwegian…
Target trims stake in Real Estate Egyptian Consortium
Target Real Estate Investment has reduced its stake in EGX-listed Real EstateEgyptian Consortium from 13.2% to 11.5%, selling nearly 6.8…
Can Egypt weather a taper tantrum 2.0?
Egypt’s world-beating real interest rate will help it weather an uptick in global rates, but the country faces some risk…
First the Russians. Now the Swiss return to the Red Sea.
Sharm El Sheikh yesterday received the first direct flight from Switzerland in more than five years after a flight ban…
Speed Medical secures nearly USD 100 mn in financing from Luxembourg-based EM investor
Speed Medical has landed some EGP 1.57 bn in financing from EM-focused alternative investment outfit Global Emerging Markets (GEM) in…
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