African Finance Corp invests $25 million in Egypt’s Carbon Holdings
Africa Finance Corporation (AFC), a Pan-African multilateral development finance institution and project developer,…
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Financial Institutions
UK offers $150 million as loan guarantee to back Egypt economic reform
British Ambassador John Casson signed Wednesday a joint declaration of intent with Egyptian International…
Egyptian Cabinet approves China’s 20 mln yuan non-refundable grant
Egypt’s Cabinet has approved Thursday a non-refundable grant worth 20 million yuans ($3 million) from China. The…
Naeem gets regulator’s nod to launch Egypt’s first real estate fund
Cairo-based investment house, Naeem Holding announced Wednesday the establishment of the first Egyptian real estate…
Four leasing firms plan multi-million-pound loan for Egyptian property developer
A consortium of four Egyptian leasing firms is arranging a syndicating financing worth 450 million Egyptian pounds…
Union Capital: AUMs hit 400 million Egyptian pounds at 2016-end
Egypt-based private equity firm, Union Capital reported assets under management totalling 400 million Egyptian…
Signs of Egypt’s economic growth may be recovering as PMI rises
Economic activity for Egypt’s non-oil private sector accelerated the most since 2014, a sign that growth may be…
Germany offers Egypt $500 million to support economy, SMEs
Germany is planning to provide Egypt with $500 million in support of the country's economic reform programme and…
Visa to expand payment service mVisa to Egypt and 6 countries
Visa Inc, the world's largest payments network operator, announced Monday that it will expand its QR-based…
Fitch says Egypt rebalancing continues, sees 4.5% growth in FY18
Rising foreign exchange reserves, a return of private capital inflows and currency appreciation point to further…