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We want USD 2 bn more from IMF to bring our assistance program to USD 5 bn, a report claims
The Madbouly government wants to raise the size of the USD 3 bn to a total of USD 5 bn
ADES shares soar 30% in market debut, bucking regional market trends
The USD 1.2 bn IPO saw 30% of the company sold to investors
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Development finance: What’s next?
DFIs remain an important source of FX, technical assistance and partnership coordination for Egyptian businesses and MSMEs
China’s largest property developer is once again staring at default
Country Garden has warned that it will likely miss payments on some of its offshore payment obligations
Orascom’s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House.
The company has completed 95% of the EGP 1 bn project
How are fintech firms navigating high inflation and a drying up of VC funding?
Fawry, MNT Halan CEOs remain optimistic despite market turbulence
Fears of Israel-Hamas war escalation plunge Gulf markets
Saudi’s benchmark index had its steepest decline in 10 months on Sunday
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