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AFD’s Proparco provides USD 20 mn finance facility to T&C Garments
DEBT WATCH- Proparco has extended a USD 20 mn finance facility to T&C Garments, an Egyptian-Turkish JV specialized in manufacturing…
Rawaj to recall EGP 226.5 mn of securitized bonds to benefit from falling interest
DEBT WATCH- AIH’s Rawaj to recall EGP 226.5 mn of securitized bonds to benefit from falling interest: Rawaj Finance is…
FinMin sees Egypt’s economy growing 5% next fiscal year, Maait says
Gov’t revises its FY2020-2021 growth target upward to 5%: The Finance Ministry sees Egypt’s GDP growing at a 5% clip…
Enterprise Poll: Central Bank of Egypt to leave rates on hold at June 2020 meeting
ENTERPRISE POLL- CBE seen leaving rates on hold this Thursday for third consecutive meeting: The Central Bank of Egypt will…
Shrugging off debt relief initiatives, developing countries continue tapping global debt markets to plug covid-19 financing needs
Shrugging off debt relief initiatives, developing countries continue tapping global debt markets to plug covid-19 financing needs: Developing countries are…
Egypt hires UAE banks to arrange USD 1 bn loan
DEBT WATCH- Egypt hires UAE banks to arrange USD 1 bn loan: Egypt has tapped Emirates NBD and First Abu…
EBRD to provide NBE USD 100 mn to support SMEs impacted by covid-19
EBRD to provide NBE with USD 100 mn for on-lending to SMEs impacted by covid-19: The European Bank for Reconstruction…
Egypt’s parliament approves Senate bill, USD 50 mn EBRD loan agreement
LEGISLATION WATCH- We’re officially getting a Senate again: The House of Representatives’ general assembly signed off yesterday on a bill…
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