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Logistics (MENA) 
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
Sanlam-Allianz Africa merger gets the greenlight from regulators
The new company will be worth around USD 1.8 bn
Beltone’s got Cash, launches VC arm
Beltone will now request the FRA’s approval on the ownership transfer
Eagle Hills signs up Hassan Allam to work on new North Coast development. PLUS: New anti-money laundering regs + news from Madinet Masr, Misr Life Insurance and SAIB.
Orascom Construction is also working on the project under a contract signed last week
AT Lease returns to the debt market
This is the Shariah-compliant lender’s fourth securitization transaction
Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement
The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing
GlobalCorp closes EGP 2.54 bn securitized bond issuance
GlobalCorp has securitized EGP 5.9 bn of its portfolio since 2021
Someone has eyes for Middle East Glass. PLUS: Big Network International investment and news from Mashreq, Ethydco, Somabay, Quintessentially, and the banking industry
Unnamed investors are offering to acquire Gulf Capital’s 37% stake in the glass manufacturer
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