Egypt’s EFG Hermes to expand debt restructuring next year
Egypt's investment bank EFG Hermes is planning to expand its debt restructuring and securitisation activities…
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debt
Egypt’s tax change could spur banks to step up private lending
A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector…
Egypt on track to achieve its financial targets: FinMin
Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…
Egypt to repay all debts to foreign oil companies by end-2019 – ministry sources
Egypt plans to repay all of its $1.2 billion debt to foreign oil and gas companies by the end of 2019, oil ministry…
Egypt’s debt to GDP to reach 80% in 4yrs
The Egyptian government is planning to reduce the ratio of public debt to the gross domestic product (GDP) to the…
Egypt’s domestic debt hikes 16.9% in FY2017-18: c.bank
Egypt’s domestic debt rose 16.9 percent to 3.695 trillion Egyptian pounds ($206.7 billion) in the financial year…
Soaring production costs lead to liquidation of Egypt’s National Cement
Due to continued financial losses and debt accumulation, the government has decided to liquidate the National…
Egypt cancels 5 and 10-year treasury bond sales for the second time in a week
Central Bank of Egypt (CBE) data showed on Monday that five and ten-year treasury bond sales worth EGP 3.5 billion…
Egypt’s c.bank issues 16.25 bln pounds treasury bills Sunday
The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth 16.25 billion pounds on Sunday on behalf…
Africa’s richest man arranging $4.5 bln of financing for oil refinery
Africa’s richest man, Aliko Dangote, has arranged over $4.5 billion in debt financing for his Nigerian oil refinery…
