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Telecom Egypt secures USD 500 mn loan from international banks
Telecom Egypt has signed a USD 500 mn medium-term loan agreement with a syndicate of 11 international banks, the company…
Telecom Egypt looks to secure USD 500 mn loan
State-owned Telecom Egypt is looking for some USD 500 mn in financing from a syndicate of international banks, unnamed banking…
TONIGHT: IMF thinks Egyptian economy will rebound. + Are traditional banks going extinct? ALSO: Save Maadi.
Good afternoon, wonderful people — we hope you’re all looking forward to a week off as much as we are.…
Evergrow mulls offering 40% stake in IPO
Egyptian fertilizer company Evergrow plans to offer a 40% stake in an IPO on the EGX in 2023, Chairman Mohamed…
Evergrow is restructuring its debts
Egyptian fertilizer company Evergrow has signed a USD 400 mn loan agreement with a syndicate of 12 banks led by…
Ibnsina to tap healthcare fintech with new company
Ibnsina Pharma is making another play for the tech space, announcing in an EGXfiling (pdf) yesterday that it has set…
Also on our radar on 29 November 2020
Green finance is more and more a thing with each passing day. Most recently: The National Bank of Egypt (NBE)…
Local banks joining UAE’s Mashreq in arranging USD 360 mn loan to Evergrow
At least five banks — the National Bank of Egypt, Banque Misr, Suez Canal Bank, the Housing and Development Bank,…
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