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Beltone, Al Ahly Sabbour sign leasing transaction worth EGP 1.2 bn
Beltone x Al Ahly Sabbour:Beltone’s Financial’s leasing subsidiary has signed a sale and leaseback agreement worth EGP 1.2 bn with…
Suez Canal transit fees to rise next year. PLUS: News from the FRA
The government now expects canal revenues to rise by more than a third this year to USD 10.3 bn
Elsewedy and Al Kharafi grab electricity transformer station contracts
The government has EGP 7 bn project to establish nine transformer stations in partnership with the private sector
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Egypt, Turkey mull local currency trade. PLUS: News from Rology, Taqa x Aman, and Telecom Egypt
Egypt wants to boost trade with Turkey by 50% to USD 15 bn in five years
Ins. startup Amenli raises USD 1 mn round
The company is hoping the new funds will allow them to expand into B2B2C
Beltone flags push into non-bank financial services — and it’s looking to get into the ratings game
The company has money to spend after closing a EGP 10 bn capital increase in July
Welcome to the hot seat
Three industry leaders on the opportunities + challenges in Egypt’s financial sector
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