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Development partners
Egypt, Bombardier confirms £1.7 billion deal to build two monorails, financed by UK government
A consortium led by Bombardier Transportation has confirmed on Wednesday a deal with the Egyptian government to build two new monorails thanks to £1.7 billion ($2.3 billion) backing from UK Export…
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Egypt, Sudan will sign an MoU on boosting SMEs
Egypt and Sudan will be signing a memorandum of understanding to boost cooperation on developing micro, small and medium sized enterprises and businesses ecosystem.
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Timing in Egypt is right for IPOs, Mohamed Omran
Mohamed Omran, Chairperson of the Financial Regulatory Authority (FRA) asserted that the timing in Egypt is right for IPOs, for both the private and governmental sectors.
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UK will host 2021 UK-Africa Investment Conference
The UK Department for International Trade is set to virtually host the 2021 UK-Africa Investment Conference today.
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EBRD provides €784 mn in credit lines for Egyptian private sector, SMEs in 2020
The European Bank for Reconstruction and Development (EBRD) handed €784 million in 2020 in liquidity lines to local banks for on-lending to businesses in the private sector, especially small and…
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Egypt inks MoU with Siemens to build Ain Sokhna-New Alamein electric rail
The Egyptian Prime Minister, Mostafa Madbouly, witnessed the signing of a memorandum of understanding (MoU) between the Ministry of Transport’s National Authority for Tunnels (NAT) and Siemens.
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ITFC to provide Egypt with $1.1 bln in finance solutions for 2021
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.1 billion finances during 2021.
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Investors Associations, Egy-Africa sign an agreement to help Egyptian firms expand into Africa
Egyptian Federation of Investors Associations and Egypt Africa Market research & Consultancy, the owner of Egy-Africa online platform, have a signed a memorandum of understanding to provide 6000…
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Egypt assigns EGP 236m for Bahr El-Baqar wastewater treatment plant
Egypt has allocated 236 million Egyptian pounds to support the National Organization for Potable Water and Sanitary Drainage’s (NOPWASD) plan to provide electricity to the Bahr El-Baqar wastewater…
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IMF praises Egypt’s measures to contain COVID-19 pandemic impacts
International Monetary Fund (IMF) has lauded Egypt's measures to address the impacts from the outbreak of the Covid-19 pandemic.
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