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AFD to lend Egypt EUR 60 mn to finance first phase of Universal Health Insurance scheme
AFD to lend Egypt EUR 60 mn to finance first phase of Universal Health Insurance scheme: The French Agency for…
DEVELOPMENT
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Encouraging GDP growth in Egypt
Egypt’s economy could easily grow at an annual 8% clip in the coming period, Abdel Moneim Said writes for Al…
EBRD approves USD 24 mn loan for Andalusia Group
The European Bank for Reconstruction and Development (EBRD) has approved granting a USD 24 mn loan for healthcare provider Andalusia…
Heliopolis Housing profit and revenue drop as sales plummet
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was down 88.6% in 1Q2018-2019 to EGP 8.7 mn from EGP…
SME authority expects EUR 120 mn in loans and grants before year-end
The SME Development Authority expects to receive EUR 120 mn in loans and grants before year-end that will be used…
SME Development Authority in talks with EU and EIB for EUR 87 mn in funding
The SME Development Authority is in talks with the EU and the European Investment Bank (EIB) for a combined EUR…
Porto Group, El Mostakbal to invest EGP 11.9 bn to co-develop Porto City
Porto Group and El Mostakbal will invest EGP 11.9 bn to co-develop Porto City, for which the two companies signed…
Tourism Ministry considering three mechanisms in establishing private equity fund to upgrade hotels
The Tourism Ministry is considering three scenarios for the upgrade of Egypt’s hotels and resorts through its planned private equity…
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