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EBank appoints Mohamed Shawky as deputy CEO
The Export Development Bank of Egypt (EBank) appointed Mohamed Shawky (LinkedIn) as its new deputy CEO, according to a statement…
Gov’t hikes industrial land prices up to 250%, stirring backlash from manufacturers
Increases range from 10% to 250% depending on location
Orascom Investment Holding completes its acquisition of Misr for Entertainment Investments
PLUS- China’s Haiyan Ximei will invest USD 10 mn to develop a project to manufacture packaging and printing materials for…
Edita, Orascom Development Egypt report 2Q, 1H 2025 earnings
Earnings for the the first half of the year are beginning to roll in, with Edita and Orascom Development Egypt…
Sandro Tooma tapped as ODE non-executive chairman
Tooma succeeds Samy Saad Zaghloul
Funding shortfall risks putting World Food Program’s refugee support on hold as early as August
WFP needs USD 21 mn to maintain food assistance for 235k refugees in Egypt throughout the year
EBRD, Banque Misr ink USD 100 mn sustainability-linked loan
The facility will support on-lending to women-led MSMEs, provide affordable housing finance, and expand Banque Misr’s green lending portfolio
We’re going to need USD 324 bn in climate financing to hit our nationally determined contributions for 2030
Available funding only amounts to USD 76 bn, leaving a financing gap of USD 248 bn
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