}

Souhoola closes EGP 883M securitization issuance

BM Consumer Finance (Souhoola) has completed its third securitization bond issuance under its financing program, with a total value of EGP 883 million, backed by an assigned portfolio worth EGP 1.05 billion

Egypt approves 4,900-feddan investment zone for Qatari Diar’s Alam Al-Roum

Prime Minister Mostafa Madbouly has approved a decree establishing an investment zone for Qatari Diar’s Alam Al-Roum project on Egypt’s North Coast in Matrouh governorate, according to a statement.

FRA extends AGL’s EGYTRANS tender offer deadline to December 21

The Financial Regulatory Authority (FRA) has granted Africa Global Logistics (AGL) an additional 60 working days to submit a mandatory tender offer (MTO) for shares in the Egyptian Transport and Commercial Services Company (EGYTRANS), as per a disclosure.

What is your expectation for Egypt’s interest rates in the next MPC meeting?