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Dana Gas in talks with IPR Energy over sale of Egypt assets
M&A WATCH- The UAE’s Dana Gas is in talks with Texas-based IPR Energy over the sale of its Egypt assets…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
Egypt secures USD 2 bn loan from int’l banking consortium
Egypt has closed a USD 2 bn financing package with regional and international banks to plug budget shortfalls resulting from…
FRA grants 45 companies non-banking financial services licenses in 2020
Eight companies have received licenses to provide non-banking financial services this year from the Financial Regulatory Authority (FRA), according to…
Egypt’s maiden sukuk + green bond sales are in the pipeline as gov’t eyes return to debt diversification strategy
Egypt’s maiden state sukuk + green bond sales are in the pipeline as gov’t eyes return to debt diversification strategy:…
Amer Group is looking to get on Egypt’s corporate sukuk bandwagon
DEBT WATCH- Amer Group is looking to get on the corporate sukuk bandwagon, having signed consumer- and structure-finance player Sarwa…
Sarwa submits prospectus for Egypt’s second corporate sukuk issuance
DEBT WATCH- Sarwa submits prospectus for Egypt’s second corporate sukuk issuance: Consumer- and structured- finance player Sarwa Capital is preparing…
FinMin sees Egypt’s economy growing 5% next fiscal year, Maait says
Gov’t revises its FY2020-2021 growth target upward to 5%: The Finance Ministry sees Egypt’s GDP growing at a 5% clip…
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