North Africa MENA Edition
Latest News
Egypt's GASC seeking soyoil, sunflower oil for arrival Feb. 10-25
GASC is seeking at least 30,000 tonnes of soyoil and 10,000 tonnes of sunflower oil
Egypt 5-year CDS rise to highest since August 2017 - Markit
The cost of insuring Egyptian government bonds using Credit Default Swaps hit its highest in 16 months
Egypt's GASC buys 47,500 T of milled white rice in purchase tender
Traders said GASC received a total of 11 offers, of which all the Chinese samples and one Vietnamese rice sample were accepted
Egypt's Hassan Allam Holding aims to float shares in H1 -sources
Hassan Allam Holding is one of Egypt's largest private companies specialising in engineering, procurement, construction, building materials and utilities.
Egypt's Pharos Holding says set to launch microfinance services
The Cairo-based investment bank hopes to start offering non-banking financial services and buy into private equity in 2019.
Jordan makes no purchase in 120,000 tonne wheat tender - trade
A new tender is expected to be issued soon.
German bank KFW lends Tunisia $115mln to finance water projects
The loan will be repaid over 15 years at a rate of 2.2%, it said in a statement.
Lowest offer at Egypt's GASC tender at $241.26/T for 60,000 T Romanian wheat - trade
The offer was presented by ADM. Results are expected later on Wednesday.
Egypt's El Sewedy, Arab Contractor to build $3bln Tanzanian hydro power plant
The plant would have an installed capacity of 2,115 megawatts
Egypt wants World Bank, IMF to include informal sector in GDP
Egypt's central bank deputy governor did not discuss the response of the World Bank and IMF to the idea
Insights
Egypt's poor bear brunt of crackdown on farmland building
New housing units are too expensive
Fitch affirms Morocco at 'BBB-'; outlook stable
Morocco's 'BBB-' rating is supported by a track-record of macroeconomic stability
Increase in SME funding to support Egyptian agricultural growth
Microfinance loans to companies in the agriculture sector increased by 72%