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EGPC borrows USD 500 mn from Afrexim, NBE to finance crude imports
The Egyptian General Petroleum Corporation (EGPC) will borrow USD 500 mn from the African Export-Import Bank (Afrexim) and the National…
Debt servicing seen as significant headwind for Egypt’s recovery -Moody’s
Egypt’s debt service burden could be a significant headwind to our economic growth -Moody’s: The country’s economic growth agenda could…
Release of USD 3 bn China loan for NAC business district faces delays
Release of USD 3 bn China loan for new capital business district faces delays: The release of a USD 3…
CBE ends EGP 5 bn medium-sized business initiative
CBE ends EGP 5 bn medium-sized business initiative: The Central Bank of Egypt has issued a statement (pdf) instructing banks…
Analysts split on interest rates ahead of Thursday’s CBE meeting
SURVEY- Analysts split on interest rates ahead of Thursday’s CBE meeting. A poll conducted by Enterprise over the weekend shows…
What we’re tracking on 13 January 2020
The holiday news lull (such as it was this year) is officially over, as we have a packed issue for…
Palm Hills negotiates EGP 500 mn loan to refinance debts
Palm Hills Developments (PHD) is negotiating with Ahli United Bank to obtain a loan of EGP 500 mn in order…
Misr Capital closes EGP 2.2 bn securitized bond issuance for Corplease
DEBT WATCH- Misr Capital closes EGP 2.2 bn securitized bond issuance for Corplease: Misr Capital has concluded a EGP 2.2…
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