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PHD, Sarwa Capital announce closing of EGP 760m securitisation bonds

Palm Hills Developments (PHD) and Sarwa Capital (Sarwa) announce the closing of the latest issue of securitisation bond for PHD, backed by the receivables portfolio’s net present value which stood at EGP 609m, after applying a discount rate of 16.04% on the gross receivables portfolio of EGP 760m, calculated based on the average coupon of …

Daily News Egypt

When the bankrupt are pushed to pay

By Mohammed Ali Ibrahim Once upon a time I wrote in Algoumhoria newspaper that we don’t need another Mahathir Mohammad here to score an economic miracle like that of Malaysia. Rather we need the Malaysian people who achieved that leap into the future. The occasion of the aforementioned article was the visit of the Malaysian prime minister …

Daily News Egypt

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