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Trella locks in smart financing from Contact + Aman now offers Islamic and nano financing
B2B logistics marketplace Trella has inked an agreement with Contact Financial designed to give it and the carriers it works…
Bailing out the world
The IMF has never been this busy: IMF lending to struggling economies has climbed to a record high, with total…
It could take another month or two to finalize IMF support -Maait
Talks for an IMF facility could wrap in another month or two, Finance Minister Mohamed Maait told Bloomberg (watch, runtime:…
Contact Financial closes EGP 2 bn sukuk issuance
Contact Financial Holding has closed an EGP 2 bn sukuk issuance, after getting the greenlight from the Financial Regulatory Authority…
Three local banks lend Tatweer Misr EGP 3.5 bn
Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr,…
Egypt’s economic headaches + Warraq evictions are getting attention in the foreign press
It’s a quiet morning in the international press: Haaretz is the latest foreign outlet to examine the likelihood of Egypt…
The National Dialogue, economic crisis, and New Alamein’s exemption from power rationing got attention on the airwaves
The Sisi administration’s national dialogue dominated the conversation on the airwaves last night after the board of trustees yesterday appointed…
The return of foreign money rests on outcome of IMF talks, devaluation plans, Bloomberg says
Still more from Bloomberg on our FX challenges: Protracted negotiations with the IMF over a new loan and risk of…
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