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Who’s in the market for debt: Faragalla Group, BPI
Faragalla Group is reportedly in the market for an EGP 2.05 bn syndicated facility being led by the National Bank…
Attijariwafa subsidiary gets approval to sell life insurance in Egypt
Attijariwafa Bank Group subsidiary Wafa Assurance has earned a license from the Financial Regulatory Authority to set up a EGP…
Palm Hills seeks EGP 400 mn following debt restructuring to develop The Crown
Palm Hills Developments is reportedly in talks with seven banks to restructure its EGP 1.24 bn debt and borrow an…
Raya bondholders agree to return EGP 200 mn of asset-backed securities, allowing re-issuance at lower interest
DEBT WATCH- Raya bondholders agree to return EGP 200 mn of asset-backed securities, allowing re-issuance at lower interest: CIB, the…
Raya aims to reissue EGP 700 mn in securitized bonds
DEBT WATCH- Raya looks to re-issue asset-backed securities with lower interest following CBE cuts: Raya Holding is looking to recover…
Attijariwafa Bank looking to set up EGP 150 mn insurance arm in Egypt
Attijariwafa Bank has submitted a license request to the Financial Regulatory Authority (FRA) to set up an insurance company in…
Attijariwafa Bank appoints Hicham Seffa as MD, nominates Halla Sakr as chairman
MOVES- Attijariwafa Bank has appointed Hicham Seffa (LinkedIn) as managing director to succeed Halla Sakr, who has been named chairman…
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