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Raya’s Aman to tap securitization market in 1Q2021
Raya subsidiary Aman is planning to take EGP 600 mn in securitized bonds to market before the end of the…
AfDB could be the newest lender to support our water-saving plan
The African Development Bank is reportedly lining up to help us farm more efficiently, with Al Mal quoting unnamed sources…
Tawasol isn’t self-financing AMS acquisition
FACT CHECK- Is Tawasol Holdings self-financing its acquisition of a stake in Alexandria Medical Services? Not according to its financial…
Other news: Eurobond ceiling, labor advorce Farghaly dead at 73 + two corrections because we goofed
Other stories we’re tracking as the workday draws to a close: The ceiling for Egypt’s eurobond program has been raised…
Mitsubishi to begin assembling cars in Egypt
Mitsubishi Motors is planning to start assembling cars in Egypt using a Nissan-owned plant, the local press reports, quoting sources…
IFC to provide USD 30 mn in financing to glass maker Pasabahce Egypt
The International Finance Corporation (IFC) is lending USD 30 mn to the Egyptian arm of Turkish glassmaker Pasabahce to help…
UAE property developers have eyes set on Egypt
UAE property developer Aldar Properties is looking to make Egypt a focal point of its expansion, allocating capital for acquisitions…
Sarwa, state-backed Al Taamir to team up on securitization
Sarwa Capital will partner with state-affiliated securitization outfit Al Taamir to manage and promote securitized bond sales for the private…
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