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Egypt settles EGP 6 bn in overdue export subsidies, earmarks another EGP 7 bn for current fiscal year
Gov’t disbursed EGP 6 bn in export subsidies last fiscal year, earmarks another EGP 7 bn for the new fiscal…
Egypt is among EMs “most vulnerable” to debt default as covid borrowing pressures state finances -FT
Egypt is among the emerging markets “most vulnerable” to debt default as covid borrowing pressures state finances, the FT suggests:…
BPE Partners in preliminary negotiations to acquire majority stake in Egyptian IVF Center
M&A WATCH- BPE Partners eyes majority stake in Egyptian IVF Center: Private equity firm BPE Partners is currently in early-stage…
Raya board gives NBE preliminary approval for Aman minority stake purchase
M&A WATCH- Raya board gives initial nod to sale of minority stake in Aman to NBE: Raya Holding’s board of…
Raya closes EGP 562 mn securitized bond offering
DEBT WATCH- Raya closes EGP 562 mn securitized bond offering: Raya Holding has closed a four-tranche, EGP 562 mn securitized…
EBRD to invest EGP 1.5 bn in NUCA bond issuance
DEBT WATCH- EBRD to back NUCA bond issuance with EGP 1.5 bn investment: The European Bank for Reconstruction and Development…
Parliament signs off on “corona tax” on salaries, Banking Act, EGX stamp tax + more
LEGISLATION WATCH- House signs off on 1% “corona” salary tax, Banking Act, EGX stamp tax + more: The House of…
House authorizes potential military intervention in Libya
House authorizes potential military intervention in Libya: The House of Representatives yesterday gave the all-clear to President Abdel Fattah El…
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