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NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric
The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it said in…
Egypt’s Ibnsina raises issued capital to EGP 205 mn via bonus shares
Ibnsina Pharma has increased its issued capital to EGP 205 mn from EGP 180.5 mn by issuing EGP 24.5 mn-worth…
Egypt set soon to sign EBRD financing agreement for 100 railway locomotives
The National Railways Authority (NRA) will sign in the coming days a financing agreement with the European Bank for Reconstruction…
Egypt’s SMEs federation building 90-feddan small manufacturing project complex
The group of SMEs is building a 90-feddan complex for small and medium ready-made garment, food, medical supplies and engineering…
Global financial systems are not simply Facebook’s playground
Will financial regulators rein in Zuckerberg’s attempts to upend the global financial system? Mark Zuckerberg may have hoped that Facebook’s…
Euroclear delegation in Egypt to wrap up procedures making debt “euroclearable”
EXCLUSIVE- Euroclear is in Egypt to wrap up procedures that will make EGP-denominated debt “euroclearable”: A delegation from Euroclear is…
Two companies express interest in issuing sukuk to FRA
Are we on the cusp of a sukuk issuance spree? Two unnamed companies partially owned by the government have expressed…
House approves EUR 225 mn loan from KFW development bank
The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn…
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