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EBRD invests USD 1 bn+ in Egypt in 2021
How Egypt featured heavily in the EBRD’s global green strategy in 2021 … and how it will continue to do…
Fawry sees 400% y–o-y boom in online payments in 2021
Fawry saw transaction values surge last year: The e-payments giant processed EGP 6 bn worth of cashless POS transactions through…
Apple earnings carry US markets through a rough patch + Qatar could issue green bonds
US markets claw back losses at the end of an extremely volatile week: The S&P 500 and the Dow Jones…
Could automated tech be the cost-effective solution we need to combat water scarcity?
PROJECT PROFILE- The Irrigation Ministry looks to auto-control devices to manage groundwater collection: Egypt’s water scarcity threats, ranging from GERD…
Ezz Steel acquires Abou Hashima’s remaining Egyptian Steel stake
Ezz Steel has completed its purchase of Ahmed Abou Hashima’s 18% stake in Egyptian Steel, announcing yesterday in an EGX…
Bike-sharing program Bicicletta to make its debut in March
PROJECT PROFILE- Egypt’s long-awaited bike-sharing scheme slated for March launch: Years in the making, bike-sharing program Bicicletta could land in…
EBRD writes USD 100 mn check for Scatec’s green bond
EBRD backs Scatec Solar Benban green bond: The European Bank for Reconstruction and Development (EBRD) will subscribe to almost a…
Another USD 2.6 bn in ITFC financing on the horizon?
Egypt to get USD 2.6 bn in financing from ITFC? The International Islamic Trade Finance Corporation (ITFC) has approved USD…
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