EBRD: Egypt investments record €47.7 million since early 2017
The European Bank for Reconstruction and Development (EBRD) has so far invested in Egypt around €47.6 million…
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private sector
Dollar prices hold gains on higher Treasury yields
The dollar stood tall on higher U.S. Treasury yields on Thursday, after a surge in U.S. private sector jobs in…
EBRD raised €700 million for Egypt private sector in 2015, 2016
The European Bank for Reconstruction and Development (EBRD) had provided financing of around €700 million ($740.6…
Monte dei Paschi bank races to raise €5 bln cash by year-end
Italy's Monte dei Paschi bank has said it would try to raise €5 billion (£4 billion; $5.3 billion) from…
IFC, Egypt sign consulting agreement for Abu Tartour industrial port
Egypt’s Ministry of Finance signed Saturday a financial consulting agreement with the International Finance…
IFC current portfolio with Egypt nears $1.5 bln, in talks for more
The International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is…
Report: 4 obstacles to business in MENA, North African countries including Egypt
Political instability, corruption, unreliable electricity supply, and inadequate access to finance are factors that…
Currency uncertainties, falling demand bring Egypt’s business activity to 31-month…
Egypt's non-oil private sector activity contracted at its sharpest pace in 31 months in March, driven by falling…
Sisi inaugurates African business forum in Sharm El-Sheikh
Egyptian President Abdel Fattah al-Sisi has inaugurated Saturday an international African forum.Egypt is hosting…
Italy to grant Egypt soft loan worth $45mn to support SMEs
Italy plans to secure €45 million for the support of the development of Egypt’s private sector and small and…
