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EFG Hermes advises on USD 265 mn loan for Orascom Development Egypt
EFG Hermes concluded a seven-year USD 265 mn debt arrangement for Orascom Development Egypt (ODE), the investment bank said in…
What we’re tracking on 23 November 2020
We have some big news to start the day: Some of the world is about to enter the post-covid era…
IMF gives initial approval to second tranche of USD 5.2 bn standby loan
Egypt is on track to receive the second tranche of its USD 5.2 bn IMF standby loan after it reached…
CBE extends USD 3.8 bn repo agreement with int’l banks
CBE extends term of USD 3.8 bn repo transaction with int’l banks to six years: The central bank has agreed…
Egypt ready to dole out more stimulus if covid-19 second wave hits
The government is prepared to dole out further stimulus should a second wave of covid-19 take hold in Egypt, Finance…
How Egypt’s lending landscape makes borrowing a difficult option for university tuition fees
Can banks do more to help students pay for university, especially during covid? With rising tuition costs, there is a…
What we’re tracking on 16 November
Good morning, friends. We have a ton of investment news for you this morning and a welcome development on the…
Who’s in the market for debt? Dar Al Fouad Hospital, Waterway Developments, Conrad Hotel
The Arab African International Bank will arrange and manage a EGP 1 bn syndicated loan for Dar Al Fouad Hospital,…
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