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Dana Gas plans to use proceeds of Egyptian asset sale to pay sukuk
The UAE’s Dana Gas confirmed in a bourse statement (pdf)on Thursday that it intends to use proceeds from the (reportedly…
What we’re tracking on 22 April 2020
Good morning, friends. We hope this shortened workweek is treating you well as we hurtle along this news rollercoaster known…
Egyptian state-owned banks snap up TMG sukuk issuance
State-owned banks snap up TMG sukuk issuance: Three state-owned banks have taken 97.25% of the EGP 2 bn of sukuk…
TMG to issue Egypt’s first corporate sukuk after securing FRA approval
DEBT WATCH- FRA approves Egypt’s first ever corporate sukuk issuance: The Financial Regulatory Authority (FRA) has approved Talaat Moustafa Group’s…
Talaat Moustafa awaiting FRA approval for sukuk issuance
DEBT WATCH- Market regulator expected to approve TMG’s planned EGP 2 bn corporate sukuk issuance this week: The Financial Regulatory…
CIAF Leasing delays EGP 50 mn sukuk issuance on covid-19 headwinds
Aviation leasing company CIAF has decided to postpone its EGP 50 mn sukuk issuance to 4Q2020 due to the current…
Egypt’s ECHEM planning EGP 1 bn sukuk issuance
DEBT WATCH- ECHEM planning EGP 1 bn sukuk issuance: The Egyptian Petrochemicals Holding Company (ECHEM) is considering issuing EGP 1…
Egypt inches closer to maiden sukuk issuance as FinMin completes Sukuk Act
LEGISLATION WATCH- Egypt inches closer to maiden sukuk issuance as FinMin completes Sukuk Act: The Finance Ministry has completed the…
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