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Egypt inks debt swap pact with China
Egypt currently owes about USD 8.2 bn to the Chinese
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
EBRD to lend USD 50 mn to copper manufacturer UMC
The loan will fund UMC’s FX liquidity for raw material imports
Egypt is looking to borrow USD 3 bn by the end of the fiscal year
The fresh funds will help bolster the budget and help the country meet any emergency financing needs, a senior Finance…
Four banks could receive EBRD loans to fund SMEs, green projects
The financing could be made available before the end of the year, according to a senior figure at the EBRD
Our maiden panda bond issuance hits the Chinese market
The three-year bonds will fund healthcare, clean transport, water, renewable energy and other sustainable projects
We want USD 2 bn more from IMF to bring our assistance program to USD 5 bn, a report claims
The Madbouly government wants to raise the size of the USD 3 bn to a total of USD 5 bn
Contact Financial closes EGP 1.5 bn securitized bond issuance
Contact Financial Holding has closed an EGP 1.5 bn securitized bond issuance for subsidiaries in its consumer finance portfolio, including…
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