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Egypt to receive USD 500 mn in loans from the African Development Bank
Egypt to receive USD 700 mn in funding from the AfDB: Egypt is to receive loans totalling USD 700 mn…
Al Canal Sugar signs EGP 1.2 bn, USD 100 mn bridge loan deal
Eastern Sugar Company has lined up bridge financing of EGP 1.2 bn and a further USD 100 mn for its…
El Sisi ratifies USD 200 mn EBRD loan to Egypt’s EGAS
President Abdel Fattah El Sisi issued a presidential decree ratifying a USD 200 mn loan from the European Bank for…
World Bank reviewing its strategy with Egypt
The World Bank is currently reviewing and renewing its strategy with Egypt, a process that should be completed in the…
What we’re tracking this week and beyond
A delegation of 50 Japanese companies is expected in Egypt today and tomorrow, reports Egypt Today. AmCham is putting on…
Egypt begins implementing debt reduction strategy
The Finance Ministry has begun implementing its comprehensive debt reduction strategy, which aims to reduce debt to 80% of GDP…
What we’re tracking on 10 March 2019
Two thoughts are rattling through our brains this morning as we slide back into our usual routine after a week…
Borrowing by emerging market businesses is going through the roof
Credit to non-financial EM businesses is going through the roof: Borrowing by non-financial emerging market businesses has rapidly increased since…
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