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CBE to compensate bank lending under EGP 150 bn industrial, mortgage programs
CBE breaks down how it will compensate bank lending under EGP 150 bn industrial, mortgage programs: The Central Bank of…
House committee wants debt relief for industrial manufacturers
The House Industrial Committee is calling for the Madbouly government to conjure up a debt relief program for struggling manufacturers,…
Egypt plans three bond issuances before the end of the fiscal year -Maait
The Finance Ministry is considering tapping bond markets three more times before the end of the current fiscal year, Finance…
Our latest Making It guest: EFG Hermes on growing into a true multinational
EFG Hermes Group CEO Karim Awad — whose firm cracked the top 20 in Bloomberg’s Europe, Middle East, and Africa…
Egyptian logistics app Winch eyes USD 1 mn investment for expansion
STARTUP WATCH- Winch eyes USD 1 mn finance for expansion: Cairo-based logistics app Winch is looking to secure USD 1…
Egypt parliament committees approve PPP Act amendments, dispute resolution bill
LEGISLATION WATCH- House planning committee approves PPP Act amendments in principle: The House Planning and Budget Committee gave a preliminary…
Egypt’s fuel subsidy spending falls 69% y-o-y in 1Q2019-2020
BUDGET WATCH- Fuel subsidy spending plunges in 1Q2019-2020: Government spending on fuel subsidies fell 69% y-o-y in 1Q2019-2020 to EGP…
Orascom Investment pays EGP 6 mn settlement to SLCC
DISPUTE WATCH- Orascom Investment pays EGP 6 mn settlement to SLCC: Orascom Investment Holding (OIH) has paid a EGP 6…
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