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EIB considers EUR 90 mn loan for Tanta-Damietta railway upgrade
The European Investment Bank (EIB) is looking at extending a EUR 90 mn loan to the government to upgrade the…
My Morning Routine: Amr Shawki, director at CVentures
Amr Shawki, director at CVentures: My Morning Routine looks each week at how a successful member of the community starts…
CBE extends EGP 235 mn in mortgage financing
The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans…
Islamic Development Bank launches USD 500 mn fund for Egyptian startups
Islamic Development Bank launches USD 500 mn fund for Egyptian startups: The Islamic Development Bank (IsDB) has set up a…
Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister
Egypt’s EGP 200 bn sovereign wealth fund is considering setting up several sub-funds to channel investment into the logistics, renewables,…
All options are on the table to support growth, say finance chiefs
Stopping the global slowdown: Global central bankers and finance ministers pledged in a statement to use “all appropriate policy tools”…
What we’re tracking on 20 October 2019
It’s the final day of the IMF and World Bank annual meetings. Egyptian officials in Washington, DC, for the gathering…
Credit Agricole to increase Egypt branches by 25% by end of 2022
Credit Agricole plans to expand the number of branches by 25% by the end of 2022, Managing Director Pierre Finas…
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