GlobalCorp receives FRA’s nod for EGP 1B short-term notes tranche

GlobalCorp Financial Services Group has obtained the Financial Regulatory Authority’s (FRA) approval to issue the second tranche of its inaugural short-term notes program, valued at EGP 1 billion, according to a press release.

The offering is part of the company's strategy to diversify its funding sources and support its expansion plans while enhancing its capacity…