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FRA tightens controls on follow-on lending to SMEs
DEBT- State-owned Assiut National Oil Processing Company (ANOPC) secured a USD 2.9 bn loan to finance its new hydrocracking complex,…
Last Night’s Talk Shows: Banks to secure FX to clear import backlog within 4 days, says El Sisi
It was another econ-heavy night on the airwaves, this time centered on President Abdel Fattah El Sisi’s speech during a…
It’s lift-off for the expat car-for-FX scheme
Cabinet is out with the rules and regulations for the expat car importscheme: The Madbouly government launches incentives to get…
Three local banks lend Tatweer Misr EGP 3.5 bn
Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr,…
The results of Toyota’s blue ammonia study are in
Toyota Tsusho presented the results of its six-month study into producing blue ammonia in Egypt to the Oil Ministry, according…
On display this month: The earliest EGP banknotes. Plus: Astronomers discover “fast radio bursts” from a dwarf galaxy
Get a glimpse of EGP banknotes from the late 19th and mid-20th century: The National Bank of Egypt (NBE) will…
AT Lease closes EGP 1.6 bn securitization
Shari’ah-compliant leasing company AT Lease has closed its third securitized bond issuance worth EGP 1.6 bn, backed by a receivables…
Bye-bye, 18% certificates of deposit…
NBE, Banque Misr suspend sales of 18% CDs: State-owned National Bank of Egypt (NBE) and Banque Misr will no longer…
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