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Banque Misr considers launching low-carbon ETF tracker fund
A low-carbon ETF tracker fund could be coming to the EGX: Banque Misr is considering launching an EGX-listed tracker fund…
Telecom Egypt looks to secure USD 500 mn loan
State-owned Telecom Egypt is looking for some USD 500 mn in financing from a syndicate of international banks, unnamed banking…
Contact CEO Said Zater to chair Consumer Finance Federation, Bahaa Elshafie named vice chairman at Banque du Caire
Contact CEO and managing director Said Zater (LinkedIn) has been elected chairman of the Consumer Finance Federation, according to a…
Egyptian women’s empowerment project attracts USD 8 mn in US funding
Egyptian women’s empowerment project attracts USD 8 mn in US funding: USAID has invested USD 8 mn over the past…
Stock sell-off accelerates as inflation, rising yields + US debt talks weigh on sentiment
Bears are throwing a stagflation tea party after yesterday’s marketheadlines, as the rise in US bond yields heralded yet further…
Citibank could be on board to finance renewable energy, green hydrogen projects in Egypt
Citi to finance power projects? Citibank could provide financing for renewable energy, desalination, and green hydrogen projects in Egypt, the…
Palm Hills to borrow EGP 2.5 bn for New Cairo project
A Palm Hills Development (PHD) subsidiary will borrow EGP 2.5 bn from Banque Misr and the National Bank of Egypt…
Egyptian banks launch EGP 1 bn fintech fund
State-owned banks launch EGP 1 bn+ fintech fund: Several state-owned banks will next month join forces to launch a fund…
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