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External debt falls for a second consecutive quarter
This is the second consecutive drop since external debt hit a record high in 3Q 2021-2022
USD 1 bn for expansion at CIB, the wind-down of CVentures, and pharma goods stuck in port?
BANKING- CIB could raise USD 1 bn for expansion: CIB is seeking regulatory approval to issue financial instruments worth up…
More EMs in the devaluation zone + IMF sounds alarm on rising public debt in MENA
Will other emerging markets follow Egypt, Pakistan and Lebanon on the devaluation trail? Analysts now see Argentina, Nigeria, Malawi, Ethiopia…
MNT-Halan on its way to unicorn status with major Chimera investment
IFC is also intending to invest USD 40 mn in MNT-Halan
EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC
DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available…
African nations could look to G20 for debt relief + Mashreq’s solid FY22 results
More African nations at risk of debt distress may have to go to the G20 to negotiate restructuring their debts,…
THIS MORNING: Last chance to buy high-yield CDs at state-owned banks
Good morning, wonderful people, and a very happy last day of January to you all — 8.3% of 2023 is…
CI Capital, Compass launch fund to invest in EGX-listed firms
CAPITAL MARKETS- CI Capital + Compass Capital plan EGP 2 bn equity fund: CI Capital and Compass Capital are launching…
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