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The government is extending its land-for-FX scheme for another 6 months. PLUS: Avanz Capital is planning fresh investment in Egypt
The initiative is one of many the government has introduced in response to the FX crunch
CIRA Education plans second bond issuance. PLUS: aiBank, Taqa Arabia, Orascom Construction, EDF Renewables, and more
The Egypt-based education provider securitized future cashflows for the first time last year
Hassan Allam + Agility score EGP 1.5 bn CIB loan for Yanmu logistics park. PLUS: News from Volvo, MCV, Beltone, and NUCA
The 10-year loan from CIB will help fund the construction of a USD 100 mn logistics park east of Cairo
SODIC pays EGP 534 mn to expand Caesar project. PLUS: Business group want more action to boost exports
The developer purchased a 180-acre plot of land from the New Urban Communities Authority earlier this year
Al Ezz Dekheila Steel greenlights share buyback, EGX delisting
The government is offloading its entire stake in Al Ezz Dekheila
More oil and gas exploration in the Med and Gulf of Suez
ExxonMobil, Kufpec and Pico Energy will partner with state energy firms to explore for hydrocarbons
NUCA closes largest securitization of the year
The issuance is part of a EGP 30 bn program
Egypt’s National Dialogue gets underway today + Fed rate decision amid banking turmoil
PLUS: NUCA could break its own securitization record
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