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We could receive the second tranche of our IMF loan in June
Egypt is in line to receive the second USD 820 mn tranche under the IMF’s USD 8 bn loan program…
ACUD’s assets have tripled in value post float. PLUS: News from NBE, ITIDA, Al Ahly Momkn, IFC, Capricorn Energy
Three industrial developers have so far submitted offers for 1 mn sqm plots each in phase 2 of the new…
Egypt, Italy sign agreements to back MSMEs, vocational training, and much more
Italy’s Deposits and Loans Fund is providing a total of EUR 145 mn to support MSMEs in Egypt
IMF greenlights the dispersal of USD 820 mn after approving expanded USD 8 bn loan program. PLUS: EU fastracks EUR 1 bn of aid package
Georgieva warned that “externally, uncertainty remains high” and that keeping reforms on track with reforms will “be critical”
IMF Executive board talks Egypt today
Good morning, ladies and gentlemen, and happy Friday. We have reached the tail-end of Ramadan, which means newscycle slowdown, and,…
Honeywell gears up for sustainable aviation fuel project. PLUS: EU + French Development Agency finance water treatment plant, EDA to clamp down on counterfeit meds
Honeywell will complete a feasibility study for the project within the next few months
Siemens to build smart health facilities in Egypt. PLUS: Tejas Network, Paymob + MID Takseet, Afreximbank + Hafiz
The revamp aims to increase the efficiency of the facilities, reduce energy consumption and disruptions, and improve patients’ comfort and…
Abu Dhabi wealth fund Mubadala acquires 100% of Adwia parent company Kelix Bio
DPI, BII, and EBRD offloaded all of their shares in the company to Mubadala
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