SCZone to borrow EGP 30 bn to fund green hydrogen infrastructure
Part of the loan will be denominated in USD to finance imported components
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Part of the loan will be denominated in USD to finance imported components
It’s unclear how this could impact the state lender’s long-term plans to go public on the EGX
This is the Shariah-compliant lender’s fourth securitization transaction
It’s unclear whether PIF is still interested in United Bank
This is the first issuance in a EGP 5 bn program
Ministry didn’t disclose how long the exemption will remain in place
Another eight companies could be earmarked for privatization as Cabinet looks to give the asset sale program new momentum
The fund is looking to deploy EGP 500 to make 4-5 acquisitions.
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