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Court upholds death sentence for Ikhwan members
The Court of Cassation (Egypt’s highest appeals court) has upheld death penalties handed to 12 Ikhwan members including Mohamed Beltagy…
IFC could invest USD 300 mn in healthcare
New IFC funding for healthcare in the works? The International Finance Corporation (IFC) is considering lending another USD 300 mn…
Tenth of Ramadan dry dock and logistics hub greenlit by cabinet
Proposed Tenth of Ramadan PPP project gets final cabinet approval: A public-private partnership model under which the government will move…
So close you can taste the money…
We’re a bit closer to landing a USD 400 mn World Bank loan to help support the rollout of the…
USD 2 bn sovereign sukuk sale coming soon
The Finance Ministry wants to go forward with a USD 2 bn sukuk issuance at the beginning of the next…
TONIGHT: Openner’s Ahmed Elsherif sits down with Enterprise. ALSO: BOE deliberates launch of digital currency + China’s consumption recovery staggers along.
It’s a capital markets-heavy issue today, ladies and gentlemen, with VCs and private equity news abound. We also have a…
More help is on the way for SMEs, courtesy of Afreximbank
Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing…
More green lending, courtesy of the EBRD
The European Bank for Reconstruction and Development (EBRD) will lend the National Bank of Egypt (NBE) USD 100 mn to…
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