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Infrastructure 
Russian-Hungarian consortium offers to finance 1,300 railway car purchase
A Russian-Hungarian banking consortium has offered to provide the Egyptian National Railways (ENR) with a loan to finance the purchase…
Banking
FRA issues regulations for SME reinsurance organizations
The Financial Regulatory Authority (FRA) issued regulations and guidelines for NGOs and civil society organizations selling insurance policies to SMEs…
El Etreby discusses Banque Misr plans to open an office in China
Banque Misr Chairman Mohamed El Etreby spoke to Xinhua about plans to open an office in Beijing, after the bank…
CI Capital managing pharma company listing on the EGX, European listing, alongside other projects this year
CI Capital has a number of transactions in its pipeline in sectors including tourism, real estate, manufacturing, and pharma, Managing…
Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade
Holding Company for Tourism and Hotels subsidiary Misr Travel has received a EGP 250 mn loan from India’s Investment Ministry…
SICO enters talks with four banks for EGP 550 mn facilities to finance investment plans
Egyptian electronics manufacturer SICO is currently in talks with four banks for several facilitated loans worth a combined EGP 550…
Endowments Ministry could establish two funds with EGP 3 bn in capital soon
The Endowments Ministry is considering launching two investment funds with a combined capital of EGP 3 bn that would rise…
Acumen to launch two funds worth EGP 200 mn soon
Acumen Asset Management plans to establish two new funds in the coming period with collective capital of EGP 200 mn,…
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