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Kuwait rolls over USD 4 bn CBE deposit -report
The two-tranche deposit is now set to mature in April and September next year
Debt news from Tatweer Misr + Raya. Plus: Expat car-for-FX initiative registers 100k in first week, Tantawy on trial
The AAIB is extending an EGP 3.5 bn facility to Tatweer Misr
Fitch joins Moody’s, S&P in downgrading Egypt’s credit rating
The rating agency lowered its rating one notch to B- due to concerns over the currency and debt sustainability
Dubai’s taxi business to IPO next month
Dubai’s Road and Transport Authority is looking to raise USD 300 mn from the listing
Cabinet renews upcoming Samurai issuance approval, renewable energy decisions
The Finance Ministry is prepping a USD 500 mn JPY-denominated bond issuance for next month
IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
THIS EVENING: FinMin wants to borrow USD 500 mn from Deutsche Bank + ABC this fiscal year
Good afternoon, wonderful people, and happy almost-THURSDAY to us all. The tension that we started this morning with is still…
Banque Misr lands USD 234 mn from IFC for MSME support
Half of the funds will be directed to female-led MSMEs
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