Egypt News Pentagon to hike spending request to fund fight versus ISIS- Reuters Noha Gad Feb 2, 2016 0 President Barack Obama's administration will seek a significant increase in funding for the fight against Islamic…
Industry & Trade EFG-Hermes mulls $200 million fund for Egypt, MENA green energy projects Yomna Yasser Jan 10, 2016 0 Egyptian Financial Group Hermes Holding is considering launch of a US$200 million renewable energy fund to spur…
Egypt News Egypt inks $500m agreement with African Export-Import Bank aya salah Dec 26, 2015 0 Egypt signed a $500 million agreement with the African Export-Import (AFREXIM) Bank to fund the country's exports…
Industry & Trade Saudi tycoon Bin Talal chairs $2.2bn-fund for world’s tallest building Noha Gad Nov 30, 2015 0 Jeddah Economic Company and Saudi Arabia's Alinma Investment had signed a financing deal for 8.4 billion Saudi…
Industry & Trade Egypt’s trade minister flies to UAE to launch Russian-Egyptian-Emirati fund Noha Gad Nov 26, 2015 0 Egyptian trade minister Tarek Qabil headed Thursday to Emirati capital Abu Dhabi to attend the trilateral meeting…
Egypt News Egypt’s projects get a $1.5b boost from Kuwait Fund Yomna Yasser Nov 25, 2015 0 The Kuwait Fund for Arab Economic Development has announced it is allocating $1.5 billion to finance Egyptian…
Banks Rasmala Egypt says to launch Banque Du Caire’s fund at end-March 2016 Yomna Yasser Nov 3, 2015 0 Rasmala Egypt Asset Management is to run Banque Du Caire’s anticipated mutual fund of capital worth 100 million…
Industry & Trade Egypt launches $19mn fund to support 871 default factories Noha Gad Nov 1, 2015 0 Trade ministry is to establish a fund with initial capital estimated at 150 million Egyptian pounds (US$18.6…
Banks World Bank and African Fund visit Egypt to negotiate loans aya salah Oct 17, 2015 0 A World Bank (WB) and African Fund delegation is currently visiting Egypt for some days, Minister of International…
Real Estate Saudi to convert state real estate fund into bank aya salah Oct 5, 2015 0 Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the…