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Egyptian capital and engineering power new combined-cycle power plant in Hungary with Elsewedy Electric securing EUR 58 mn from CIB
Plus: Exxon Mobil and Qatar Energy exit North Marakia, FRA greenlights first futures brokers ahead of EGX launch
Rate cuts spark lending jump, but margins come under pressure -S&P Global
Government and public sector borrowing will remain the primary engine of loan growth amid sustained funding needs
Egypt plans to end credit disbursement friction with new centralized industrial fund
For companies, the bottleneck hasn't just been the amount of subsidized credit, but the friction in getting it
CBE greenlights full rollout of soft POS, turning smartphones into payment terminals
Following a two-year pilot phase that had restricted contactless payment transactions to EGP 600
CIRA Education’s normalized net income rose 95% y-o-y in 1Q FY 2025-26
Plus: IFC extends USD 220 mn green financing to Banque Misr, Abwaab acquires Apex Education, Jameel Finance wraps securitization issuance
Central Bank of Egypt cuts SME default grace period to 90 days
The decision came into effect this month
FinMin wagers on stability with return to long-term debt and zero-coupon bonds
The two planned programs align with a broader strategy to gradually increase average debt maturity to 4.5–5 years, up from…
Egyptian expats are doing the heavy lifting for the current account
While the current account healed, the balance of payment deficit widened 61.4% to USD 1.6 bn as banks restocked local…
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