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Three in, three out as EGX30 rebalances
The EGX30’s semiannual rebalancing is done, the EGX said in a statement out yesterday. In: Abu Dhabi Islamic Bank Egypt,…
IFC, Tadamun partner to expand microfinance for women-led SMEs
DEVELOPMENT FINANCE- IFC, Tadamun to boost women-led micro firms: The International Financial Corporation (IFC) has agreed to assist Tadamun Microfinance…
More independence for tourism chambers + Hefty fines for fake weather news
House gives first nod to tourism bill: The House of Representatives yesterday gave its preliminary approval to a draft bill…
Indomania + industrial incentives
Indomania on the airwaves: President Abdel Fattah El Sisi’s arrival in India yesterday for a three-day visit dominated the airwaves…
Madbouly wants the World Bank to get a move on
Prime Minister Moustafa Madbouly called for finalizing the World Bank’s development finance program with Egypt “as early as possible” in…
Heliopolis Housing is putting its Heliopark project back out to tender
Mountain View is no longer on board to co-develop Heliopark: Heliopolis Housing has scrapped plans to co-develop its Heliopark project…
Another USD 1.5 bn from the ITFC for energy and commodities imports
More imports money from the ITFC: The government has signed a fresh USD 1.5 bn financing agreement with the International…
The House greenlights a batch of development loans, grants + a bill allowing fresh oil exploration in North Sinai
The House of Representatives approved a set of development loans and grants yesterday in food security, infrastructure, education, and healthcare.…
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