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Sodic obtains EGP 1.57 bn credit facility to finance Sodic West
Upmarket real estate developer Sodic has obtained a EGP 1.57 bn credit facility from the Arab African International Bank and…
Egypt’s budget deficit is expected to narrow to 6.3% of GDP –IMF
Egypt’s budget deficit is still expected to narrow by the end of the current fiscal year, but will shrink at…
The Egyptian government to look at markets again in Feb, March
EXCLUSIVE- How 2022 could be a big year for Egyptian debt, according to FinMin’s Ahmed Kouchouk: Through a mixture of…
THIS MORNING: Egypt’s travel industry shouldn’t get an exemption from the new national minimum wage
Good morning, wonderful people. We have a really packed issue for you this morning, so let’s jump right in: HAPPENING…
Dreamland no longer has beef with the government + branded cotton exports coming soon
Dreamland no longer has beef with state-owned banks: Conglomerate Bahgat Group’s Dreamland Egypt has reached a settlement agreement with state-owned…
Egypt’s external debt is still growing (thank you, covid), but at a slower pace than before
Egypt’s debt is growing, but the pace of growth slowing, says the WB: Egypt’s external debt grew 14.3% y-o-y to…
New infusions of USD for state, banking system?
The Madbouly government is looking to raise USD 2 bn through a three-year syndicated facility, according to a Finance Ministry…
TONIGHT: Oil rises ahead of OPEC+ meeting; Pandora Papers leaks lead foreign press coverage; Brinksmanship on Capitol Hill; Sense scientists win Nobel Prize.
Good afternoon, everyone, and welcome to a crazy-busy news day, with plenty of investment, M&A and taxation news. There’s a…
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