In an impassioned speech delivered at the Center for Global Development in Washington, DC, on Wednesday, April 19, …
"Industrial Development bank"
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A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian …
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Banks
Bank Audi Egypt to increase 4.5bn pounds-loan portfolio by end-2017
by Yomna Yasserby Yomna YasserBank Audi Egypt is planning to increase its loan portfolio volume to 4.5 billion Egyptian pounds ($249.2 …
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Banks
World Bank: ongoing works on four Egyptian waste management, energy schemes
by Yomna Yasserby Yomna YasserThe World Bank is currently working on four initiatives for agricultural waste management and solar energy in …
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Banks
Afreximbank secures $1 billion facility for Egyptian institutions
by Yomna Yasserby Yomna YasserThe African Export-Import Bank (Afreximbank) has secured more than $1 billion worth of indirect credit facilities for …
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Industry & Trade
Acumen Beltone to launch Egyptian industrial distressed-asset fund in March
by Yomna Yasserby Yomna YasserEgypt’s asset-management firm Acumen Beltone is planning to raise a fund of as much as 150 million …
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Egypt News
Banks, pharmaceutical shares expected to attract investors in 2017
by Noha Gadby Noha GadThe flotation of the Egyptian pound will play an influential role in determining the attractiveness of shares …
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The African Export-Import Bank (Afreximbank) has announced the inception of new five-year strategic plan that will see …
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Banks
Banque Misr inks protocol to finance industrial tannery zone project
by Yomna Yasserby Yomna YasserCairo Company for Urban and Industrial Investment and Development has signed Thursday a cooperation protocol with Banque …
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Banks
Afreximbank grants $200 million facility to support Egypt’s electricity sector
by Yomna Yasserby Yomna YasserThe African Export-Import Bank (Afreximbank) signed Tuesday a $200 million loan facility agreement with the state-run Egyptian …