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Four banks offer EGP 800 mn to support EIPICO cancer treatment project
The Egyptian International Pharmaceutical Industries (EIPICO) has received four offers from banks to provide a EGP 800 mn loan to…
Enterprise Explains: Factoring
Every investment bank in Egypt wants to be a non-bank financial services player — and plenty want to start with…
How much can returning Egyptian expats affect the country’s unemployment rate?
From the Department of the Obvious: Egypt could see sharp upticks in unemployment if waves of GCC expats return to…
Consumer finance companies get six-month extension to comply with Consumer Credit Act
REGULATION WATCH- Consumer finance companies will get an additional six months to complete their licensing and bring their operations in…
Egypt to invest EGP 36.7 bn into green projects in FY2020-2021
INVESTMENT WATCH- Egypt will invest EGP 36.7 bn in green projects during the current fiscal year, accounting for around 14%…
What we’re tracking on 20 October 2020
Happy Tuesday, everyone. As we slide toward the end of the week, you’ll want to keep the “rain” warning in…
How banks are expanding their offerings to help with K-12 school tuition
How banks are jumping on the need for K-12 tuition financing to expand their loan offerings: Tuition payments at K-12…
Egypt’s economy is on track to finish the year having grown 3.5%
NOSTRADAMUS AGREES: Egypt’s economy will finish the year having grown 3.5%. That’s our takeaway after Fitch said in a recent…
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