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Foreign holdings near pre-covid peak
Foreign investment in EGP bonds has continued to rebound through the beginning of 2021, with total holdings now standing at…
Also on our radar on 17 January 2021
Some 25k stores and cafes have been temporarily shut down for not complying with newseasonal opening hours that went into…
Please, sir, can I have some more?
The Madbouly Cabinet signed off on a EGP 2 bn overdraft for the FY2020-2021 state budget to help finance measures…
Siemens puts pen to paper for high-speed electric rail
The USD 23 bn high-speed electric rail network moved one step closer to becoming reality on Thursday after Siemens CEO…
Palm Hills tapping Al Taamir for securitization?
Al Taamir is in talks to manage Palm Hills Developments’ (PHD) planned EGP 650 mn securitized bond issuance, which is…
Oil imports, trade + SME development get USD 1.1 bn shot in the arm
Egypt is getting another USD 1.1 bn loan for imports of petroleum products and basic commodity purchases from the International…
Also on our radar on 13 January 2021
EBRD, UN to help Egypt’s tourism industry get back on its feet post-covid: The European Bank for Reconstruction and Development…
Cloudy with a chance of…
EXCLUSIVE- Expect to see revised GDP growth targets for the current fiscal year sometime this month as the Finance Ministry…
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