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The details of the EGP 50 bn subsidized loan program for hospitality players
Individual companies can access up to EGP 1 bn in subsidized funding
IMF completes third review of our loan program, enabling the disbursal of USD 820 mn
Egypt and the IMF reached a staff-level agreement on the third review early last month
Gogreen to temporarily list 1.4 bn shares on the EGX starting today. PLUS: News from Saudi Egyptian Developers, EETC, Juhayna
The company will list 1.4 bn shares on the bourse at a nominal value of EGP 0.10
A new Sokhna terminal is underway. PLUS: News from UAE’s Hala, Elsewedy Electric, AMEA Power, EgyptAir
The new terminal should be fully operational in 18 months
Madbouly’s presser after the new government’s first cabinet meeting caught the attention of the talk shows
Madbouly addressed “all pressing concerns, from power load shedding and its end date, to fuel prices and their expected rise,”…
Eni looks to up production with plans to drill new wells. PLUS: IBRD allocates loan to help develop railway line, Madinet Masr taps construction company to work on Sarai
Back in April, it was reported that Eni had slowed down exploration operations in Egypt
Egypt’s USD bonds top EM index as new cabinet sworn in
The new Madbouly cabinet was sworn in yesterday before President Abdel Fattah El Sisi at the Ittihadiya Palace
Valu raises EGP 1.2 bn in securitized bond issuance
The issuance is part of a larger EGP 9 bn program
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