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Tasaheel closes EGP 4.7 bn SME-focused securitization
This marks Egypt’s first securitization backed entirely by a portfolio of SMEs
FinMin completes USD 1 bn sovereign sukuk issuance fully subscribed by Kuwait Finance House
Good afternoon, friends, and congratulations on making it to the end of a shorter-than-usual work week. The best part? We’ve…
Gov’t working to wrap up fifth review with IMF before the end of the month
The macroeconomic setting we have found ourselves in should strengthen our hand in negotiations, a government official told EnterpriseAM
Investors cheer ceasefire news after earlier jitters
USD falls, stocks gain, and Treasury yields fall to lowest levels in a month
Not exactly selling America…
Foreign holdings stood at USD 9.0 tn, just shy of March’s all-time high
The private sector now gets the lion’s share of Egypt’s development finance
Over the past five years, the private sector received over USD 15.6 bn in concessional funding
AfDB commits USD 184 mn to Obelisk solar and battery project
The recently approved funding will account for nearly a third of the project’s entire investment cost
Planned EGX stamp tax to be accompanied with tax, investment incentives
The incentives aim to encourage more companies to list on the exchange and for others to increase their market capitalization
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