FRA slashes review fees by 50% for all sustainable debt to spur stalled market
· Egyptian market news
The Financial Regulatory Authority (FRA) is extending its 50% reduction on offering-review charges beyond green bonds to a wider range of sustainable securities a statement
IN CONTEXT- Green bonds have had this administrative sweetener since 2018 USD 1.45 bn thin pipeline
Homegrown hotel chain Sunrise Resorts & Cruises is in final negotiations to secure EGP 8 bn (c. USD 156 mn) in syndicated bank loans according to
REMEMBER- last November USD 700 mn plan
More bread in the oven
The company behind the Breadway brand, Dough & More Food Industries (Damfi), plans to invest USD 20 mn in a new bakery factory in 6th of October City according to CEO Osama Aladl
Where the money comes from:
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Original source: enterpriseam.com