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Saudi investors could bid for AAIB’s stake in Palm Hills -report
This comes on the heels of news in February that AAIB was looking to sell its entire stake in PHD…
valU issues EGP 856.5 mn in securitized bonds
Total value of securitized debt taken to market is up 5% y-o-y so far this year
AAIB could exit Palm Hills in stake sale to Emirati investor
Emirati investment company Al Ain Holding could snag AAIB’s stake in EGX-listed Palm Hills Developments.
Three local banks lend Tatweer Misr EGP 3.5 bn
Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr,…
Selling electricity to Greece. Plus: Philip Morris is making smokes here now and farmers will get more for wheat
More energy cooperation with Greek partners? Electricity Minister Mohamed Shaker yesterday discussed expanding cooperation and investment with Greek energy and…
Hassan Allam Properties takes out EGP 1.8 bn loan for West Cairo development
A Hassan Allam Properties subsidiary has secured EGP 1.8 bn in financing from the National Bank of Egypt (NBE) and…
BdC just got a green lending boost
Banque du Caire is getting USD 30 mn in “tier-two” capital investment under a financing agreement with the Green for…
Egypt’s pharma exports up, citrus flap with the Dutch + Edita launches Freska Choco Sticks
Egypt’s pharma exports rose 30% y-o-y in 2021 to USD 685 mn in 2021, local media reported citing figures from…
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