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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
Nearly a fifth of our external debt is due next year
Egypt to pay USD 29.2 bn in debt dues during 2024
Snackmaker Edita lands USD 45 mn loan from the IFC to fuel growth
The loan will support the company’s working capital, fund fresh capex, and help it settle a previous loan from the…
China to lend Egypt USD 400 mn for electric light rail train
The Export-Import Bank of China (China Eximbank) is lending Egypt USD 400 mn to finance the third phase of the…
Kandil Steel borrows USD 25 mn from IFC amid industry headwinds
The money will help the company pay for raw materials and maintain production amid the FX crunch and soaring inflation
EFG Corp-Solutions, Halan and Rawasi all take securitized bonds to market
Companies have sold record volumes of asset-backed securities in 2023
Investors can now trade t-bills in the local market
Traders bought and sold EGP 33.9 bn worth of t-bills during the opening session
Our sovereign bonds could be removed from JP Morgan’s EM index
The investment bank has put Egyptian sovereign debt under review
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