CI Capital expects high activity in secondary debt market
The company closed conclusion of two securitization bond issuances, on behalf of Tamweel Securitization Company – the originator of Tamweel Mortgage’s Portfolio – and on behalf of GlobalCorp Securitization Company,…
EgyptAir elects Visa’s CyberSource Decision Manager as its anti-fraud platform
This agreement seeks to ensure the cyber safety of EgyptAir customers and guard them against any potential information theft.
CCCPA, Australian government to cooperate on preventing radicalisation, extremism
The project is titled ‘Advancing Holistic, Whole-of-Government, and Whole-of-Society Approaches in Curbing the Spread of Terrorism in Africa.”
Government plans to borrow EGP 878.5bn through issuing securities locally in 2Q 2022/23
Ministry of Finance aims to offer 52 T-bill issuances worth of EGP 704bn, 34 bond issuances worth of EGP 174.5bn from October to December 2022
CEO, Managing Director of CIB joins GFANZ Africa Network’s advisory board
The newly formed advisory board was established to ensure the region’s most influential climate finance actors continue to collaborate to enable the region’s low carbon transition.
Egypt concluded development financing agreements worth $20bn over 2020/21, $5bn of which went to private sector
She added that this reflects the important role of development partners in opening up prospects for economic opportunities for the private sector.
FRA approves three issuances of securitisation bonds worth EGP 23bn
The recent period has witnessed an increase in the demand of public economic entities in various activities to diversify the sources of funding for their expansions to raise the efficiency…
EFG Hermes closes second issuance of a securitisation bond worth EGP 2bn for subsidiary Corp-Solutions
The bond is backed by a receivables portfolio of EGP 2.9bn, representing 24 lease contracts.
GlobalCorp issues second securitisation bond worth EGP 1.284bn
The offering consists of four tranches with tenures of 13, 37, 60, and 70 months, respectively, with the first receiving a rating of AA+, the second AA, the third A+,…
NTRA launches the third training session of EG-ATRC with the participation of 7 African and Arab countries
Training topics to be embarked upon in EG-ATRC’s third session are type approval and smart cities, as the African governments seek to maximize the utilization of Egypt’s smart city modules;…
