News
18 January 2022

Egypt signs Serv-backed loan for textile projects

Region:
Middle East & Africa

On 16 December, Egypt’s state-owned Cotton, Spinning, Weaving & Garments Holding Company (CTIHC) signed a €355 ($404 million) million Serv-backed loan to finance the procurement of machinery for its textile projects across the North African country. The financing backs 85% of the...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
15 May 2025

Top takeaways: TXF Amsterdam 2025

The mood music at the 11th edition of the TXF Amsterdam Global Commodity Finance event was downbeat. Spawned by amplifying tariff concerns, limited debt appetite from...

Perspective
23 May 2025

Euler Hermes in-depth: Shifting priorities

Germany’s Euler Hermes has had to change its business mix in reaction to political shifts. Mirroring its shift in geographies and financing structure is a change in the types...