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Egypt’s Misr Travel seeks EGP 150 mn loan from EBRD
The Holding Company for Tourism and Hotels subsidiary Misr Travel is in talks to borrow EGP 150 mn from the…
EBRD, FRA provide USD 15 mn loan to fund green tech for Egyptian SMEs
EBRD, FDA provide USD 15 mn loan to fund green tech for Egyptian SMEs: The European Bank for Reconstruction and…
Egypt taps Deloitte to appraise National Investment Bank assets ahead of restructuring
Deloitte to appraise NIB assets ahead of restructuring: The Madbouly government has contracted Deloitte to value the National Investment Bank’s…
World Bank sees Egypt’s GDP growth outpacing MENA average this year
The World Bank sees Egypt’s economy growing 5.5% this year, outpacing the MENA average of 1.5%, according to the World…
Could military-owned companies be set to list on the EGX?
PRIVATIZATION WATCH- Could military-owned companies be set to list on the EGX or sell stakes to the private sector? President…
What we’re tracking on 3 November 2019
Happy November, ladies and gentlemen. Hard to believe that the first 10 months of the year are now behind us…
Gov’t approve amendments on microfinance
LEGISLATION WATCH- Gov’t sets capital requirements for non-bank SME funders: The Madbouly Cabinet approved yesterday draft amendments to the 2014…
Egyptian Arab Metals to establish new USD 100 mn stainless steel factory
Egyptian Arab Metals (Zeinox) plans to establish a USD 70-100 mn stainless steel production plant, Deputy Chairman Wael Abbas told…
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