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Industrial Development Bank finances Egypt’s first agricultural commodities bourse
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) says it is solely financing the country’s…
Banque Misr’s leasing unit to start factoring services in Q1 2019 – CEO
BM Lease Company, jointly owned by Egypt’s second largest public bank Banque Misr, expects to begin offering…
Egypt to set up 1st sovereign fund by end-2018: al-Saeed
Egypt is set to launch its first sovereign fund by the end of the year and will start a promotional tour in the…
Africa Re raises investments in Egypt
African Reinsurance Company (Africa Re), a reinsurance leader in the Middle East and Africa, has increased its…
Master Builders posts EGP 500mn contractual sales from Pukka New Capital
Egypt’s Master Builders Group (MBG) says it has achieved contractual sales of 500 million Egyptian pounds ($28.1…
NUCA to execute New Alamein’s 7,000 housing units among Iskan Misr
Egypt’s New Urban Communities Authority (NUCA) says it is planning to carry out 7,000 housing units, including 300…
Egypt Madinet Nasr Housing unveils signing CIB’s loan deal
Egypt’s Madinet Nasr for Housing and Development says that it has signed a loan agreement of one billion Egyptian…
Egypt’s Sisi appoints Madbouly as Prime Minister
Egyptian President Abdel Fattah al-Sisi appointed Housing Minister Mustafa Madbouly as acting prime minister on…
Egypt top Africa destination for investment: UNCTAD report
Egypt ranked first in Africa in terms of foreign direct investment (FDI) flows, recording $7.4 billion in 2017,…
German KfW Development Bank, GIZ opening new offices in Cairo
Germany and Egypt signed an agreement on Thursday for German state-run KfW Development Bank and German Agency for…
