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Tasaheel closes Egypt’s largest-ever corporate bond issuance
The bond was split into two tranches, and will serve to boost the microfinance player’s lending capacity.
GCC share of emerging market USD debt climbs to 35% in 1Q -Fitch
The total GCC debt market crossed USD 1 tn by the end of March
AIIB to provide Egypt with USD 300 mn in budget support
The agreement is expected to be finalized by June
Egypt is close to receiving USD 300 mn budget support from AIIB
Good afternoon, folks. This Monday brings a slew of budget news, and more international coverage of Trump’s tariff-induced trade war.…
Debt repayment obligations to rise c. 30% to EGP 2.1 tn next fiscal year
The Finance Ministry also intends to issue local debt worth EGP 1.49 tn in the upcoming fiscal year
Madbouly government boosts international debt program to USD 8 bn in new budget
With local issuances also in the mix, the total figure pencilled in for next fiscal year comes to EGP 3.6…
Al Ahly Tamkeen closes EGP 881.5 mn securitized bond issuance
The issuance brings the total value of securitized bonds issued in Egypt so far this year to EGP 10.8 bn
Gov’t inks agreement to restructure a handful of military-owned companies ahead of offering them
Good afternoon, all. It’s another busy day here in Cairo with the EGP once again sliding against the greenback and…
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