• Wednesday, 30 November 2022

    ALC’s Bahaa Alieldean on why freezones are key for FDI and exports

    We recently had breakfast with 20 top CEOs to talk about why exports and FDI are key to our economy going forward. After reading our five-step recipe for turning Egypt into a global export hub and FDI magnet, participating CEOs...
  • Wednesday, 30 June 2021

    Hassan Allam Properties unit borrows EGP 4.16 bn for Swan Lake project

    Al Alamia For Real Estate Investment, a unit of Hassan Allam Properties, has signed an EGP 4.16 bn financing agreement with a syndicate of local banks for the development of its Swan Lake Residences project in New Cairo, Hapi Journal...
  • Thursday, 4 February 2021

    AT Lease takes EGP 1 bn securitized bond to market

    AT Lease has issued its second securitized bond offering worth EGP 1.09 bn after receiving the greenlight from regulators to move forward with the issuance, the company said in an EGX disclosure (pdf) yesterday. The three-tranche issuance, initially slated for...
  • Sunday, 29 November 2020

    Sarwa sukuk sets record as biggest yet + first for an NBFS player

    Egypt now has a sukuk issuance by a non-banking financial services player under its belt after Sarwa Capital closed its EGP 2.5 bn issuance, according to an EGX disclosure (pdf) Thursday. The sharia-compliant security carries a seven-year tenor and will...
  • Thursday, 16 July 2020

    Sarwa submits prospectus for Egypt’s second corporate sukuk issuance

    DEBT WATCH- Sarwa submits prospectus for Egypt’s second corporate sukuk issuance: Consumer- and structured- finance player Sarwa Capital is preparing a single-tranche EGP 2.5 bn corporate sukuk issuance, Ayman El Sawy, managing director of Sarwa Promotion & Underwriting, told Hapi...
  • Tuesday, 7 July 2020

    Egyptian consumer finance firm Sarwa looks to set up transferable value fund

    Sarwa Capital filed with the Financial Regulatory Authority (FRA) to set up a “transferable value” fund, a new type of fund through which it can transfer receivables, the local press reports. The market regulator had issued a decision last month...
  • Tuesday, 3 March 2020

    ALC is advising ITDA on company that will manage Egypt’s commodity exchange

    Our friends at ALC Alieldean Weshahi & Partners are advising the Supply Ministry’s Internal Trade Development Authority (ITDA) on the establishment of the company that will manage the Egyptian Commodity Exchange, the local press reported. Company shareholders will include ITDA,...
  • Sunday, 16 February 2020

    ALC Alieldean Weshahi & Partners name El Khodary, Sholkamy as partners, rebrand

    MOVES- Our friends at ALC Alieldean Weshahi & Partners announced both physical and people moves in a note to clients, writing that they have moved into new digs in Dokki and named two new partners. “Our new premises are custom...

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