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A new subsidized loan program for industry and agriculture could be a lifeline for struggling businesses
! New subsidized loan program gives hope for a light at the end of the tunnel: A government decision to…
FRA eases borrowing limits on home loans
The FRA is easing credit limits for homebuyers: The Financial Regulatory Authority has loosened income requirements for mortgage lenders in…
Are securitized bonds gaining momentum in our mortgage market?
A consortium of local mortgage lenders is mulling a securitization program that could be worth over EGP 2.5 bn, Enterprise…
EFG Hermes closes the first securitization for an Egyptian mortgage firm
EFG Hermes has closed an EGP 651.2 mn securitized bond issuance on behalf of mortgage provider Bedaya, it said in…
Rameda gets its hands on a new molecule
Rameda has acquired a molecule used for treating epilepsy, the pharma company said in a disclosure to the EGX (pdf)…
FX reserves inch up in September. Plus: Taxing influencers and IDH launches a new radiology location
Egypt’s foreign currency reserves inched up USD 153 mn in September, reaching USD 40.83 bn from USD 40.67 bn in…
CIB to offer mortgage finance for SODIC units
CIB will now offer financing options with up to 20-year terms to home buyers purchasing property at SODIC-owned real estate…
THIS MORNING: Prepping for the 2021-2022 school year in Egypt + the fall of Afghanistan is one of those once-in-a-generation foreign affairs stories
Good morning, wonderful people, and welcome to a surprisingly brisk morning. Mondays in mid-August are usually slow news days on…
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