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City Edge to issue EGP 600 mn securitized bonds in 2Q2021
DEBT WATCH- City Edge plans to issue EGP 600 mn in securitized bonds in 2Q2021, CEO Mohamed Makkawy told Al…
Who’s in the market for debt? EgyLease + Porto Group
Financial leasing company EgyLease is in talks for an EGP 200 mn loan from the National Bank of Egypt to…
Executive regulations of Egypt’s new NGOs Act expected soon
CABINET WATCH- The final executive regulations of the new NGOs Act should be issued soon after the Madbouly Cabinet gave…
Egypt stock of external debt reaches USD 115 bn in 2019 -World Bank
Egypt’s external debt grew 14.9% in 2019 to USD 115.1, from USD 100.1 bn the previous year, according to the…
Egypt in talks with Spanish lenders for USD 160 mn loans to buy sleeper trains
Egyptian National Railways (ENR) is in talks with unnamed Spanish lenders for a USD 160 mn loan to purchase six…
Diplo + Foreign Trade on 11 October 2020
Topping diplomacy news this morning: Egypt’s maritime border demarcation agreement with Greece got signoff from President Abdel Fattah El Sisi…
Falling inflation could lead to a delicate balancing act on interest rates
A delicate balancing act on interest rates: A too-sharp decline in Egypt’s September inflation figures could result in “consultations” with…
Samcrete to back Alday Development’s USD 12 mn EBRD loan
Samcrete has agreed to guarantee subsidiary Aldau Development’s planned USD 12 mn loan agreement with the European Bank for Reconstruction…
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