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CIHC to give El Nasr Steam Boilers’ land to Oil Ministry for debt repayment
The Chemicals Industries Holding Company (CIHC) will give the land at the center of the recently settled Al Kholoud dispute…
BdC looks to issue EGP 20 bn in corporate financing by end of 2020
State-owned Banque du Caire (BdC) plans to issue EGP 20 bn in corporate loans by the end of 2020, an…
Egypt’s FinMin to issue EGP 160 bn T-bills and bonds this month
FinMin to issue EGP 160 bn T bills and bonds this month: The Finance Ministry is planning to issue EGP…
Marakez signs EGP 1.5 bn syndicated loan for Mall of Katameya construction
Mall developer Marakez has signed a EGP 1.5 bn syndicated loan agreement to finance the first phase of its planned…
T-bill yields fall in first post-rate cut auction
T-bill yields fall in first post-rate cut auction: Average yields on 6-month and 1-year government T-bills fell to 16.521% and…
Moody’s maintains Egypt’s outlook at B2 stable
Moody’s confirms Egypt’s credit rating at B2, outlook stable: Credit rating agency Moody’s has maintained its Egypt rating at B2…
What we’re tracking on 1 September 2019
Good morning, ladies and gents — and welcome to September. The end of Sahel season as we know it means…
MNHD signs EGP 300 mn loan agreement with AAIB to finance Sarai project
Madinet Nasr Housing & Development (MNHD) has signed a EGP 300 mn short-term loan agreement with the Arab African International…
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