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Egypt’s HHD plans to auction 190-feddan in Heliopolis as part of sell off plan
Heliopolis Housing and Development (HHD) is planning to auction another land plot in Heliopolis as part of its plans to…
What we’re tracking on 16 May 2019
Well folks, we have a new contender for the slowest news day of the month. You know it is slow…
Germany waiting on parliament approval for USD 250 mn debt swap with Egypt
Germany plans to lend Egypt USD 250 mn this year as part of a debt swap arrangement that was suspended…
Raya Holding plans EGP 500 mn bond issuance
Could Raya Holding break a decade-long dry spell in Egypt’s corporate bond market? Raya Holding is planning to issue EGP…
Egypt’s FRA mulls licensing companies and intermediaries to act as SME lenders
The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs,…
FinMin could take Egypt’s first sovereign sukuks to market by early 2020, looks to hike cap on eurobond issuances through FY2021-2022
EXCLUSIVE- Egypt could take to market its maiden issuance of sovereign sukuks in early 2020, a senior government official tells…
FinMin gives update on fiscal performance as the IMF arrives in Cairo
FinMin gives update on fiscal performance as the IMF arrives in Cairo: The budget deficit shrank to 5.3% of GDP…
BdC to make EGP 200 mn in direct investments by end of 2019
Banque du Caire (BdC) is planning to invest a further EGP 200 mn into companies by the end of 2019,…
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