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EIB agrees EUR 500 mn credit line to Banque Misr to support SMEs
The European Investment Bank (EIB) has signed a EUR 500 mn financing agreement with Banque Misr to support SMEs and…
Islamic Development Bank launches USD 500 mn fund for Egyptian startups
Islamic Development Bank launches USD 500 mn fund for Egyptian startups: The Islamic Development Bank (IsDB) has set up a…
Sawiris’ Ora in talks with Qatari Diar for 51% stake in Egypt’s CityGate
M&A WATCH- Ora Developers in talks with Qatari Diar for 51% stake in CityGate: Naguib Sawiris’ Ora Developers is in…
Public Enterprises Ministry could offer investors management rights to three bus companies
PRIVATIZATION WATCH- Egypt is bringing its privatization drive to bus companies. The Public Enterprises Ministry could offer private investors the…
Aramco is a potential hiccup for Egypt’s state privatization program -lead advisor
PRIVATIZATION WATCH- Aramco’s IPO could be reason to postpone government’s stake-sale program, says NI Capital boss: The initial public offering…
Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister
Egypt’s EGP 200 bn sovereign wealth fund is considering setting up several sub-funds to channel investment into the logistics, renewables,…
Egypt signs agreement with Euroclear
Egyptian debt is one step closer to being Euroclearable: Egypt signed a “terms and conditions” agreement with Euroclear on the…
Expect Egypt’s hot money inflows to keep up as long as short-term investors see stability -FT
Expect Egypt’s hot money inflows to keep up as long as short-term investors see political stability — and a positive…
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