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Dana Gas in talks with IPR Energy over sale of Egypt assets
M&A WATCH- The UAE’s Dana Gas is in talks with Texas-based IPR Energy over the sale of its Egypt assets…
Egypt could get an upgrade from Moody’s as our credit profile proves “resilient” to shocks
Egypt could get an upgrade from Moody’s as our credit profile proves “resilient” to shocks: Indicators that measure Egypt’s credit…
IMF releases report card on pandemic aid to Egypt
The IMF heaped praise on Egypt’s response to covid-19 in a staff report on the recently-approved one-year USD 2.8 bn…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
The future of SWFs is at risk as covid-19 turns the industry on its head
The future of SWFs is at risk as covid-19 turns the industry on its head: Sovereign wealth funds (SWFs) around…
Foreign holdings of Egyptian t-bills rebound in June after fourth straight month of decline
Foreign holdings of Egyptian t-bills rebounded in June following four straight months of decline, according to CBE data (pdf) released…
Egypt secures USD 2 bn loan from int’l banking consortium
Egypt has closed a USD 2 bn financing package with regional and international banks to plug budget shortfalls resulting from…
Naguib Sawiris-owned Ora looks to debt market to finance projects
DEBT WATCH- Naguib Sawiris’ Ora Developers is looking to issue bonds and take out more loans to finance its real…
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