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Misr Italia receives EGP 650 mn loan for New Cairo business park
Misr Italia for Urban Development has received a EGP 650 mn joint loan from the National Bank of Egypt (NBE),…
NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company
The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait…
Gov't considers restructuring railway authority’s EGP 250 bn debt pile
Officials are looking at ways to restructure EGP 250 bn in debt owed by the troubled Egyptian Railway Authority (ERA),…
Planning Ministry approves USD 300 mn EBRD loan to build container terminal at Damietta Port
DEBT WATCH- Planning Ministry approves USD 300 mn EBRD loan for Damietta port: The Planning Ministry has given Damietta Port…
Raya plans EGP 640 mn securitized bond sale, CIB to manage offering
DEBT WATCH- Raya plans EGP 640 mn securitized bond sale, CIB to manage offering: Raya Holding is planning a new…
Egypt’s fresh IMF support packages will help boost investor confidence, portfolio inflows -Fitch
Fresh funding from the IMF will help boost investor confidence in Egypt as portfolio outflows from emerging markets begin to…
What we’re tracking on 17 May 2020
Welcome to the final week of Ramadan, friends — we hope you’re looking forward to the upcoming long weekend as…
The impending EM debt crisis is going to be messy
Emerging markets are facing an impending debt crisis that will be more difficult and “messier” to resolve than previous crises,…
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