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Checking in on the Green Economy Financing Facility program in Egypt
The GEFF wrapped up its first phase, with more phases in the pipeline
Egyptian analysts and banks rack up awards
HC Brokerage was named the best forecaster of Egypt’s fiscal balance by economics analysis provider FocusEconomics
IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
Are state energy firms getting EGP 20 bn in loans to address the energy crisis?
Half the money will go to power plant maintenance, and half to mazut imports
Elsewedy Electric reports record revenues in 2Q 2022
Elsewedy Electric reported record revenues in 2Q 2022 thanks to price hikes and a weaker EGP, it said in its…
Another USD 10 mn in EBRD funding could be heading NBK Egypt’s way
More love from EBRD to NBK? The National Bank of Kuwait Egypt (NBK Egypt) could get another USD 10 mn…
NBK Egypt could be getting up to USD 40 mn from EBRD to lend to small busineses
Another EBRD loan to NBK Egypt? The European Bank of Reconstruction and Development (EBRD) is considering providing a USD 40…
Earnings: Edita, ABK Egypt
Edita Food Industries’ net income rose 86% y-o-y in 1Q 2022 to EGP 148.1 mn, according to the company’s latest…
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