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Last night’s talk shows for Thursday, 5 December 2019
CBE’s EGP 100 mn subsidized lending for factories initiative has the airwaves buzzing: A Central Bank of Egypt-led initiative to…
What we’re tracking on 5 December 2019
The House of Representatives will be back in session on Sunday after a short recess, reports Al Shorouk. On this…
Egypt’s Sarwa, Premium Int’l form JV to launch new consumer finance brand
Sarwa, Premium Int’l form JV to launch new consumer finance brand: Leading structured and consumer finance player Sarwa Capital and…
FinMin issues new regs on dual taxation for yields on Egyptian treasuries
FinMin issues new regs on dual taxation of yield on treasury bonds and bills: The Finance Ministry issued on Thursday…
FRA approves EFG’s request to suspend bond trading arm
The Financial Regulatory Authority (FRA) has approved a request from EFG Hermes’ to suspend for one year one of its…
Shalakany acted as legal counsel to EBRD in USD 20 mn Hassan Allam loan
Shalakany Law Firm acted as legal counsel to the European Bank for Reconstruction and Development in its USD 20 mn…
Emerging markets’ FX funding needs to repay USD-denominated debt to “soar” next year
Emerging markets’ FX funding needs to repay a decade of USD-denominated debt are on track to “soar” next year, Caroline…
Evergrow in talks with Egyptian banks to restructure EGP 8 bn in loans, facilities
Evergrow Specialty Fertilizers is in talks with a local banking consortium to restructure EGP 8 bn in loans and credit…
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