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CIRA Education’s net enrollment rises to 84k students, surpassing target
PLUS: AI subsidiary Raya Nexus launched with an issued capital of EGP 250 mn
Egypt’s infrastructure guarantee facility draws 10 development partners ahead of a December World Bank board vote
Ten development finance institutions have signed onto Egypt’s USD 520 mn IFGF, the broadest multilateral backing for the vehicle since…
Infinity Fabric to set up USD 15 mn factory
PLUS- European Investment Bank is mulling a USD 38 mn equity investment into the EU-Egypt Tanmiya Growth Fund II
Gov’t eyes EIB funding for transmission upgrades
Good morning, friends. M&A and capital markets top our news well this morning — Orascom Construction and OCI Global announced…
Checking in on the Green Economy Financing Facility program in Egypt
The GEFF wrapped up its first phase, with more phases in the pipeline
Fresh funds from the EU, EIB, Germany, EBRD
Egypt and the EU inked an agreement that will disperse EUR 1 bn in macro-financial assistance during the second half…
Cabinet approves EU + EIB financing, new golden license, green hydrogen consultant
The funds will help finance the Sustainable Green Industry project, which seeks to combat industrial pollution
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
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