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Cabinet signs off on four agreements between Egypt and Germany worth EUR 145.9 mn
CABINET WATCH- The Madbouly Cabinet signed off yesterday on four agreements with Germany that Egypt had signed last month worth…
Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt
DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some…
Egypt’s EFG subsidiary is first to issue short-term debt under new FRA framework
DEBT WATCH- EFG Hermes subsidiary to end decade-long dry spell for corporate bond issuances: EFG Hermes subsidiary Hermes Securities Brokerage…
Aton secures CAD 300k bridge loan for work in Egypt’s Abu Marawat concession
Canadian mining firm Aton Resources has lined up a CAD 300k bridge loan from Ou Moonrider to finance its work…
Is Egypt seeking a Standby Credit Facility from the IMF?
Is Egypt seeking a standby credit facility from the IMF? Egypt’s post-loan agreement with the IMF is could take the…
Evergrow to receive USD 150 mn loan to restructure debts
Egyptian fertilizer manufacturer Evergrow has reached an agreement with four local banks for a USD 150 mn loan to restructure…
Pharma companies' overdue export subsidies reach EGP 500 mn
Pharma companies are claiming they are collectively owed some EGP 500 in export subsidies from the government, Medical Industries Export…
Egypt’s pound rallies to near three-year high, breaking EGP 16 / USD 1 barrier
EGP rallies to near three-year high: The EGP rose to its highest level since February 2017 against the USD, breaking…
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