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More chatter that we are, indeed, going to talk to the IMF about a new program
More analysts are speculating that thefiscal stimulus package and monetary policy measures announced Monday will pave the way for a…
Introducing Nclude: Global Ventures’ new USD 85 mn fintech fund
Global Ventures, state banks launch USD 85 mn fund: Three of Egypt’s state-owned banks are investing in a new USD…
Capital Med gets EGP 800 mn loan from NBE
The National Bank of Egypt (NBE) has approved a long-term EGP 800 mn loan to Capital Med to cover part…
e-Finance signs first agreement outside of Egypt
e-Finance steps out of Egypt: e-Cards, a subsidiary of EGX-listed fintech player e-Finance, has signed a 10-year contract with Zimbabwean…
NBE tops African syndicated loans league table in 2021 -Bloomberg
The National Bank of Egypt finished 2021 still at or near the top of Bloomberg’s Africa syndicated loans league table,…
Food Industries Holding factories could get a EGP 6 bn PPP overhaul
Food Industries Holding Co factories could get a EGP 6 bn PPP overhaul: The Supply Ministry is considering partnering up…
Qalaa looking at Africa, says ERC still in talks on debt restructuring
Qalaa Holdings is looking to expand its investments in African mining and energy firms, including in Tanzania, Mozambique and Ghana,…
Nestlé ups investment, packaging manufacturer Uflex opening here
Nestlé Egypt is investing EGP 700 mn in new production lines at its Sixth of October factory between 2021 and…
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