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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…
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…
Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments
Banque Misr has arranged four shariah-compliant syndicated facilities worth EGP 3.6 bn for Al Marasem International Development for projects in…
What we’re tracking on 15 July 2020
Good morning, friends, and welcome to the day we here like to think of as almost-THURSDAY. Three-day weekends are supplanting…
El Sisi ratifies amendments to Egypt’s Central Depository Act
President Abdel Fattah El Sisi has signed into law recently approved changes to the Central Depository Act, according to a…
NBE, Banque Misr among top 20 MENA banks for syndicated loans -Bloomberg
The National Bank of Egypt (NBE) and Banque Misr made Bloomberg’s 1H2020 league table for syndicated facilities in MENA, according…
Americana Egypt shareholders approve Adeptio offer price
M&A WATCH- Americana Egypt shareholders approve Adeptio offer price as market regulator approves share value methodology: Minority shareholders in Americana…
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