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EBRD to extend USD 100 mn for covid-impacted SMEs in Egypt
DEBT WATCH- EBRD to extend USD 100 mn for covid-hit SMEs through Banque Misr: The European Bank for Reconstruction and…
Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya
Fawaz AlHokair Group’s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to…
IMF releases staff report on pandemic aid to Egypt
The IMF report card that supported Egypt’s pandemic aid package is now out: The International Monetary Finance (IMF) released on…
EBRD to provide long-term loan to Egypt for large wind plant in Gulf of Suez
The EBRD has approved a USD 50 mn long-term loan to help finance a USD 560 mn, 500 MW wind…
Amer calls for huge IMF, World Bank rescue package for Africa
Amer calls for huge IMF, World Bank rescue package for Africa: Central Bank of Egypt Governor Tarek Amer has called…
Egypt’s foreign reserves rise for the second month running in July
Foreign reserves tick up in July: Egypt added USD 150 mn to its foreign reserves in July, marking the second…
Stimulus overkill could trigger a fiscal crisis in emerging markets
The wave of covid-19 stimulus is putting emerging markets in a bind: Emerging markets may be lining themselves up for…
BariQ to issue EUR 40 mn green bonds by early 2021
Raya’s BariQ is looking to take a EUR 40 mn green bond to market by early 2021 to finance the…
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