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United Bank closes its first securitized bond issuance for MNHD
DEBT WATCH- United Bank closes securitized bond issuance for MNHD: The United Bank has closed a EGP 305 mn securitized…
Cabinet approves partial property tax exemption for factories
CABINET WATCH- Cabinet approves partial property tax exemption for factories: The Madbouly Cabinet approved draft amendments to the Real Estate…
Egyptian banking system “stable” on high liquidity, strong growth -Moody's
Egyptian banking system “stable” on high liquidity, strong growth -Moody's: The Egyptian banking system will remain stable over the next…
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank: Palm Hills Developments (PHD) has signed a EGP 505…
Egypt is prime MENA target for inbound M&A; EFG Hermes tops ECM league table for second year in a row
Egypt is prime MENA target for inbound M&A; EFG Hermes tops ECM league table for second year in a row:…
Egypt is pressing pause on USD-denominated eurobond issuances for the remainder of FY2019-2020
EXCLUSIVE- The government is pressing pause on USD-denominated eurobond issuances for the remainder of the current fiscal year and will…
FX debt pushes EM debt to record USD 72.5 tn in 3Q2019 -IIF
Foreign debt pushes EM debt to record USD 72.5 tn in 3Q2019: Total emerging market debt — including that of…
Regional PE firm AfricInvest acquires 40% in Masria Cards
M&A WATCH- Regional PE outfit AfricInvest acquires 40% in Masria Cards: Private equity firm AfricInvest has closed a transaction acquiring…
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