The Minister of Petroleum and Mineral Resources, Tarek El-Molla, emphasised the need to expedite the construction of …
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National Investment Bank
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FeatureFinancial InstitutionsMoney
Egypt’s sovereign fund reportedly eying controlling stake in e-Finance
Sovereign Fund of Egypt is in talks to acquire part of the National Investment Bank’s 69 percent …
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Egypt’s financial institutions operation company e-Finance plans to list on the Cairo stock exchange in the fourth …
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Banks
Egypt’s NIB bank appoints CI Capital to advise on restructuring
by Yomna Yasserby Yomna YasserEgypt’s state-owned National Investment Bank has appointed leading local investment bank CI Capital to advise it on …
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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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Real Estate
Egypt’s El Mostakbal to announce 600-feddan area tender results after Eid al-Adha
by Yomna Yasserby Yomna YasserEgypt’s El Mostakbal for Urban Development will announce results of the auction for the sale of six …
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Real Estate
Egypt’s El Mostakbal negotiating two property developers for PPP projects
by Yomna Yasserby Yomna YasserEgypt’s El Mostakbal for Urban Development is in talks to incorporate two property developers for key public-private …
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Banks
National Investment Bank studies $157.6 mln loan for Egypt railway authority
by Yomna Yasserby Yomna YasserState-run National Investment Bank of Egypt (NIB) is studying securing finances worth 1.4 billion Egyptian pounds ($157.6 …
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Egyptian government has picked the newly-founded NI Capital Company as its advisor for a programme aimed to …
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Tech news
Egypt Post expands investments to reach 174 billion pounds
by Ghada Ismailby Ghada IsmailEgypt Post has a portfolio of investments totalling around 174 billion Egyptian pounds (US$19.6 billion), its chief …
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