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FinMin is in line for a USD 500 mn syndicated loan
PLUS- Travco Properties plans to invest EGP 50 bn to build 5k hotel units
Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
FinMin secures USD 500 mn bank loan from Deutsche Bank, Bank ABC
Fresh funds are on their way: The Finance Ministry has secured a USD 500 mn syndicated loan from Deutsche Bank…
MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
Al Ahly Tamkeen Microfinance closes EGP 707 mn bond issuance
The issuance brings the total value of securitized bonds issued in Egypt so far this year to EGP 55.2 bn
valU closes EGP 922 mn securitized bond issuance
The single-tranche issuance has a 12-month tenor and a Prime 1 rating
Saudi industry minister talks industry, mining on visit to Egypt. PLUS: Suez Canal blockage, Bank ABC to sell Blom unit,
Minister met with PM Madbouly and Industry and Trade Minister Ahmed Samir yesterday
Bank ABC and Blom Bank Egypt are now one
Bank ABC and Blom Bank Egypt are now a single entity: Bahrain’s Bank ABC has completed the legal merger of…
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