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Edita Food Industries to receive EGP 105 mn loan from Arab Bank
Edita Food Industries signed a medium-term loan worth EGP 105 mn with Arab Bank to finance a new production line,…
World Bank mulls financing part of USD 640 mn railway upgrade
DEBT WATCH- World Bank mulls financing part of USD 640 mn railway upgrade: The World Bank is studying a loan…
Sodic subsidiary signs EGP 2.57 bn medium term facility with AAIB
DEBT WATCH- Sodic subsidiary signs EGP 2.57 bn medium term facility with AAIB: Sodic subsidiary Soreal Real Estate Development signed…
Who’s in the market for debt: Rooya + Egypt Kuwait Holding’s Nile Wood
The National Bank of Egypt (NBE) and Egypt Kuwait Holding’s (EKH) Nile Wood have signed a EGP 794 mn loan…
El Sisi ratifies law closing tax loopholes for state debt purchasers
President Abdel Fattah El Sisi has signed into law a bill that closes loopholes that previously provided tax exemptions to…
EgyLease negotiated EGP 400 mn loan with Banque Misr
EgyLease is in talks with Banque Misr for a EGP 400 mn loan to finance the company’s expansion plans, Chairman…
Cabinet greenlights far-reaching changes to Capital Market Act regs
REGULATION WATCH- Changes to MTO rules, how real estate funds operate and guidance on sukuk are highlights of sweeping changes…
Egypt’s credit rating is vulnerable to water risks -Fitch
Egypt’s sovereign credit rating is “particularly” exposed to water stress and drought risks, Fitch Ratings suggests. This comes as water…
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